359 Safest Banks in America by Texas ratio
Out of more than 7,300, there are just 359 banks in America with a perfect Texas ratio of 0.0., according to www.investigatinganswrs.com.
“The Texas ratio was developed by a financial wizard at RBC Capital Markets named Gerard Cassidy, who used it to correctly predict bank failures in Texas during the 1980s recession, and again in New England during the recession of the early 1990s.
“While the ratio has been excellent at predicting bank failures, it can also be used to find the banks that are the furthest from failure.”
The states with the safest banks:
63 Texas
28 Illinois
27 Kansas
24 Nebraska
18 New York
16 California
16 Iowa
Full List of 359 banks:
http://leasingnews.org/PDF/SafestBanksAmerica.pdf
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