How to Find the Safest Banks

Even with FDIC insurance, bank failures and 'mergers' can be a hassle. By sticking to the safest banks, you reduce the likelihood of any headaches, delays, or name changes on your statements. How do you figure out which banks are the safest banks?

You can never be sure which banks are safe, but you can take steps to manage your risk. There are a few 'grading scales' that you can use to rate banks, and you can crunch some numbers yourself.

Of course, it's also important to keep an eye on the news. The banks that are most likely to fail may show up in the headlines, and the safest banks may win praise.

Learn more:

• How to Find the Safest Banks
• What Happens in a Bank Failure?