Tuesday, May 25, 2010

Bank Troubles in Wisconsin

A partial list of "vulnerable" banks in Wisconsin leaves very few un-mentioned. (The list is from a private service, Weiss Ratings.)

That list of banks that received a “D+” rating or worse includes most of the prominent banks in southeastern Wisconsin. In addition to M&I Bank, the local banks on the list of "weak" banks include: Columbia Savings & Loan Association, Milwaukee; Community Bank & Trust, Sheboygan; Equitable Bank, SSB, Wauwatosa; First Banking Center, Burlington; First Business Bank-Milwaukee, Brookfield; Foundations Bank, Pewaukee; Fox River State Bank, Burlington; Guaranty Bank (MHC), Milwaukee; Hartford Savings Bank, Hartford; InvestorsBank, Waukesha; ISB Community Bank, Ixonia; Johnson Bank, Racine; Layton State Bank, Milwaukee; Legacy Bank, Milwaukee; Maritime Savings Bank, West Allis; Mitchell Bank, Milwaukee; North Milwaukee State Bank, Milwaukee; Park Bank, Milwaukee; Peoples Bank, Elkhorn; Port Washington State Bank, Port Washington; PyraMax Bank, FSB, Greenfield; RidgeStone Bank, Brookfield; Securant Bank & Trust, Milwaukee; Southport Bank, Kenosha; Sunset Bank & Savings, Waukesha; Town Bank, Hartland; Walworth State Bank, Walworth; WaterStone Bank, Wauwatosa; and Westbury Bank, West Bend.

Sheesh.

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