does anyone know how i can check a bank's financial strength? we are looking at a building purchase with Colonial Bank as the tenant.
Don't sweat the petty things and don't pet the sweaty things.
The best information you will be able to obtain is by going to the following web site:
http://www.fdic.gov/bank/individual/bank/index.html
Banks are required tofile quarterly reports with the FDIC that states their financial condition. It's callee a "Call Report" and can be viewed by anyone interested on the FDIC website.
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