Quote:
Originally Posted by Ima saver
I was trying to find a rating for Umbrellabank.
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Yes, the link above for the FDIC web site provided multiple links for researching data on banks.
I don't put too much stock in the Bankrate ratings. Even so, I looked up the following, including Bankrate's rating:
Umbrella Bank is the online division of New South Federal Savings Bank.
Profile at A.M. Best's Banking Center
BauerFinancial gives New South Federal Savings Bank/Umbrella Bank a three and a half star rating - "good."
Bankrate gives Umbrella Bank a one star
rating - "lowest rating."
And that is why I don't care too much for ratings, especially Bankrate's. BauerFinancial gives 3.5 stars while Bankrate gives 1. What does that tell you? Pretty much nothing.
If you want to find our more, through
Weiss or one of the other rating services, you will most likely have to pay a fee for a report.