The Evergreen State is one of only eight in the 50 states that has no “troubled” banks or credit unions operating, according to new ratings from BauerFinancial.
The Florida-based financial evaluation service examined all federal reports from the end of first quarter, 2017, to arrive at its “star ratings” for all federally insured banks and credit unions.
Its report “recommends” 89.6 percent of Washington banks and 95.6 percent of the state’s credit unions. There is not a single financial institution in Washington that Bauer considers “Troubled & Problematic.”
You can use the evaluation firm’s website to see the current Star Rating for any bank or credit union, then purchase deeper information and analysis about it.