Is it time to move your money?

Bankrate has a tool that allows you to check your bank, thrift or credit union to see if it is a safe place to put your money.It rates your bank on assets, liquidity, capitalization, deposits, loans, equity, and net profit/loss. It’s quite complete and gives you actual numbers in an east to read format.

Considering the feds won’t tell you which banks are in trouble until they’re really in trouble, it’s probably worth a look. I left the link on the right side of the page, easily available.

****update****

BankRate gave the newly closed Heritage Community Bank 1 star. Their ratings appear to be right on the money.

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