Wednesday, December 23, 2009

Bauerfinancial Year-End Star Ratings for Our Local Banks. By Geniusofdespair

Below is the list of local banks' Bauerfinancial star ratings. The September 30th rating appears before the bank name. The new rating, posted for December 23rd, appears after the name if the star rating has changed. Only two banks gained a star, 5 lost one and Republic Federal Bank NA is out. It had ZERO stars previously so this wasn't unexpected. The Miami Herald looked at the ratings for the entire State of Florida and they say 1/3 of banks are troubled. The articles states that according to Bauerfinancial, that is 3 times the National average. Bauer only recommends 4 or 5 star banks (there are only 4 of these on my list). Beware of falling stars readers!:
** 1st National Bank of South Florida, Homestead
***1/2 Bac Florida Bank, Miami
*** Bank of Coral Gables **
ZERO Bank of Miami NA, Coral Gables
** Bank Atlantic ***
(for the rest of list, hit read more)
*** Biscayne Bank, Coconut Grove
***** City National Bank of Florida, Miami
** Community Bank of Florida, Homestead
**** Continental National Bank, Miami
*** Gibraltar Private Bank & Trust, Coral Gables
** Great Eastern Bank of Florida
* Great Florida Bank, Miami
*** Helm Bank, Miami
***** Intercontinental Bank West Miami
*** Intercredit Bank NA, Miami
***1/2 International Finance Bank, Miami
***1/2 JGB Bank NA, Miami
** Mellon United National Bank, Miami *
** Metro Bank of Dade County, Miami
**** Northern Trust NA, Miami
ZERO Ocean Bank
*** Pacific National Bank, Miami **
** Plus International Bank, Miami ***
ZERO Premier American Bank, Miami
ZERO Republic Federal Bank NA, Miami FDIC
*** Sunstate Bank, Miami
*** TerraBank NA, Miami
*** Total Bank, Miami **
*** Translantic Bank, Miami
ZERO Turnberry Bank, Aventura
** Union Credit Bank, Miami ZERO
*** US Century Bank, Miami


1 comment:

Anonymous said...

I am sure these ratings are reliable as Moody's or Standard and Poor. :(546$$$$!!!!!