Check Your Bank's Rating

There is a FDIC bank "problem list" that is not published to prevent consumers from closing their accounts. There were reportedly 90 banks on the list as of the end of the first quarter. Those that receive a rating of 4 or 5 are put on the list (Reference from CNN Money)

However, with 5 large bank closings this year you may want to find out the rating of your bank. A rating of 1 is the highest, a rating of 5 is the lowest.

1. Go to bankrate.com and search for Safe Sound or Safe Scan
2. Then select bank or credit union
3. Search by institution name (select the first letter of the name of the bank) or search by other criteria

List of "Problem Banks" Taken from Bankimplode.com

Citigroup - $83.3B/$36B/$22.7B (7)
Posted on July 18, 2008 9:03 AM
Merrill Lynch - $47.25B/$34.4B/* (1)
Posted on July 17, 2008 8:36 PM
JP Morgan Chase - $11.0B/*/$6B (3)
Posted on July 17, 2008 7:15 AM
Wells Fargo - $2.9B/0/$23B (2)
Posted on July 16, 2008 12:40 PM
US Bancorp - $1.6B/*/* (0)
Posted on July 15, 2008 12:13 PM
National City - $200M (0)
Posted on July 14, 2008 5:45 PM
Lehman Brothers - $7.2B/$6B/$42 (2)
Posted on July 11, 2008 10:05 AM
Wachovia - $6.8B/$10.5B/$30.4B (4)
Posted on July 10, 2008 11:23 AM
Bank of America - $4.4B/*/$31.4B (4)
Posted on July 8, 2008 12:16 PM
Barclay’s PLC - $6.4B/$7.8B (0)
Posted on June 30, 2008 6:02 PM
HBOS PLC - $2.5B/$4B (0)
Posted on June 25, 2008 1:45 PM
Canadian Imperial Bank of Commerce(CIBC) - $6.7B (0)
Posted on June 23, 2008 11:44 AM
Morgan Stanley - $23.2B (0)
Posted on June 19, 2008 1:38 PM
Fifth Third Bancorp - $155M/$2B (0)
Posted on June 18, 2008 5:16 PM
Goldman Sachs - $6.2B (3)
Posted on June 17, 2008 5:15 PM
Washington Mutual - $1.6B (2)
Posted on June 14, 2008 5:35 PM
Royal Bank of Scotland - $3.6B/$24B (2)
Posted on June 4, 2008 5:34 PM
Societe Generale SA- $13.7 /$8.5B (0)
Posted on June 4, 2008 3:08 PM
BNP Paribas SA-$2.5B/ $0 cash (0)
Posted on June 4, 2008 2:39 PM
UBS - $45.0B/$41.5B (2)
Posted on June 1, 2008 11:22 AM
Royal Bank of Canada - $1.4B (0)
Posted on May 29, 2008 6:07 PM
Bank of Montreal (BMO) - $611M (0)
Posted on May 29, 2008 1:02 PM
Mizuho MFG - $5.4B (0)
Posted on May 22, 2008 2:09 PM
Bayern LB - $9.8B (0)
Posted on May 19, 2008 7:42 AM
WestLB AG - $4.8B (0)
Posted on May 19, 2008 7:35 AM
Natixis - $3.4B (1)
Posted on May 19, 2008 7:31 AM
HSBC Bank PLC - $6.6B (0)
Posted on May 19, 2008 5:32 AM
Credit Agricole SA-$13.8B (0)
Posted on May 12, 2008 5:18 PM
Credit Suisse - $5.95B (0)
Posted on May 2, 2008 5:20 PM
Deutsche Bank - $18.6B (1)
Posted on May 2, 2008 5:19 PM
Mitsubishi Financial Group - $760M (0)
Posted on April 23, 2008 12:54 AM
SunTrust - $718.7M-$1.5 B (1)
Posted on April 13, 2008 6:33 PM
Bank of NY Mellon - $118M (0)
Posted on April 9, 2008 11:19 AM
Sovereign Bancorp - $1.580B (0)
Posted on April 8, 2008 1:29 PM
IKB - $12.91B (0)
Posted on March 20, 2008 8:13 PM
DZ BANK AG - $2.1B (0)
Posted on March 7, 2008 9:52 PM
HSBC - $26.5B (0)
Posted on March 5, 2008 5:25 PM
Commerzbank - $855M (1)
Posted on February 15, 2008 9:48 AM

Sources: Bankrate.com, CNN Money, Bank Implode