America?s Top Banks

America?s Top Banks

I have a Car Loan with Bank Of America, I went to the bank on Saturday 22nd 2011, made a payment inside with the teller. the teller gives me a receipt of 10/24/11.. when in fact I made the payment on the 22nd.. Is this right or wrong? She tells me that since the Federal reserve is closed.. they don't process the payments until Monday.. the 24th... What do you guys Think?

http://myadaily.com// Bank of America / Car Loan Payment Ethics Right or Wrong?

Subprime credit cards and auto loans are both on the rise, and some bank risk managers predict further increases in the $ 600 billion U.S. auto loan market, where lenders are loosening the purse strings and investors are interested in packages of auto ... Subprime Lending on Rise for Autos, Credit Cards

In general, the banking sector is healthier. While some banks are struggling, many banks have seen improvements in operations. The following outstanding banks are chosen as based on eight measures on financial health including net interest margin, return on average equity, nonperforming loans, and reserves as a percentage of NPLs.

 

First Citizens BancShares operates two subsidiaries, First Citizens Bank and IronStone Bank. With $ 21 billion in assets, it is the 46th largest bank holding company in the United States. Its shares trade at a multiple of 1.1 times its book value.

 

NPLs/ Loans: 1.6% 

Reserves/ NPLs: 97%

 

Although Community Bank System has $ 5.5 billion in assets, its nonperforming loans are very low at 0.6%. This small holding company wholly owns five subsidiaries namely First of Jermyn Realty Company, Community Bank, N.A. (the Bank), CFSI Closeout Corp. (CFSICC), Inc. (FJRC), Benefit Plans Administrative Services, Inc. (BPAS), and Town & Country Agency LLC (T&C).

 

Price/ Book: 1.4 

Reserves/ NPLs: 220%

 

Bank of Hawaii is headquartered in Honolulu, Hawaii. The bank has $ 12.7 billion in assets. The stock of its trades for 2.2 times its book value. During the housing bubble, the bank was cautious in its underwriting strategy. Its conservativeness helped minimize the bad loans on its book today.

 

NPLs/ Loans: 0.9% 

Reserves/ NPLs: 296%

 

Based in Silicon Valley, SVB Financial Group provides commercial banking and financial services and products including money market accounts, certificates of deposit, sweep accounts, and checking accounts.

 

Assets: $ 15.7 billion

Price/ Book: 1.7

 NPLs/ Loans: 0.9% 

Reserves/ NPLs: 165%

 

East West BanCorp is headquartered in Pasadena, California. This largest bank based in Southern California mainly serves the Asian-American community. Its assets have rose 64% over the past year.

 

Price/ Book: 1.4 

NPLs/ Loans: 1.3% 

Reserves/ NPLs: 136%

 

IberiaBank’s shares trade at a multiple of 1.2 times its book value.

 

Assets: $ 10.6 billion

 NPLs/ Loans: 0.8%

 Reserves/ NPLs: 277%

 

Signature Bank, whose stock increases 51% over the past year, offers personal and business clients a single point of contact to meet all their financial needs.

 

Price/ Book: 2.1

NPLs/ Loans: 0.9%

 Reserves/ NPLs: 144%

 

 

Related links:

First Citizens BancShares, Inc.

Strategies and Best Practices of U S Community Banks

SVB Financial Group (SIVB)

More America?s Top Banks Issues

Question by Nate: If I'm a graduate student, can I get a car loan from Bank of America? I'm a graduate student, and since I live off of my loans, I do not have a job. Can I still get a car loan from Bank of America? I've been paying back my loans for 3 years on time with an inheritance I received from the passing of a loved one. Thanks What percentage of the down payment will make me look favorable? Best answer for If I'm a graduate student, can I get a car loan from Bank of America?:

Answer by N
Depends on your credit score and your income. Unless you get regular payments from the inheritance, most banks are going to be reluctant to lend to you since you don't have any income. Now, if you can put down a sizable amount, that might help your chances but you will have to ask them for sure. For the most part, legit banks don't lend to people without continuing income. ========= 20-30% or several thousand dollars whichever is more.

Answer by euroman71
Check several banks and credit unions. Depending on your credit score and job situation, you may or may not be approved.

Answer by Famus
I saw your question I have decided to help people out due to the fact that I myself has been scammed four times by four lenders in my search for a loan but at last I got a reliable lender. that gave me the loan($ 60,000 USD) that I was in dire need of. Hence I decided that I will refer anybody I come across to this God sent lender he is reliable and his terms are fair. You can get to him via his email address: dr_amandajohnson101@live.com, Please tell him that BEE from CA. USA church Mission Of God Church.. I have search for a legit lender until I got him and I decided to help my fellow humans with this because there are a lot of fake lenders out there and I do not want any body to fall a prey please get to him and tell him that I referred you to him.

Answer by jackatttack
Like others stated, it depends heavily on your credit history. If you don't have much credit or your credit isn't in good standing, you might want to look into getting a co-signer (someone with good credit to put their name on the loan with you). If you can't get someone to co-sign, check out my source to find out what you might qualify for. Good luck.

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