In assisting a relative close an account at IndyMac bank, I learned information may be useful to others needing to pull out their money.
As of Friday, July 18th 2008 at 10:50am, it looks at though the Costa Mesa branch is the best place to withdraw your money while Huntington Beach branch has the longest lines. Here’s what I found:
Other banks that may fail, based on their ‘Texas ratio’ (~debts divided by assets)
Downey Bank’s ‘Texas ratio’ is also over 100. Tried researching Texas ratios at the FDIC’s site, but the site is confusing and information is tough to locate.
Anybody know a quick way to find ‘Texas ratios’ of different banks?