FDIC: Hundred of Small Lenders Still at Risk

Even as the nation’s biggest banks have rapidly recovered, hundreds of small lenders remain at risk, according to the government’s latest report card on the financial industry. The FDIC said Tuesday that its list of so-called “problem banks” — those with the highest risk of failing — had grown to 860 from 829, or nearly one in nine lenders. Most are small community banks, saddled by bad real estate loans. – NYT

Create Content With AI

Risk Our Money Not Yours | Get 50% Off Any Account

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.