Thanks Jim, I will take a look. My premise
here is "the baby may have been thrown out with the bath water" with some of
these more conservative banks?
Don Ewers
----- Original Message -----
Sent: Friday, March 20, 2009 9:45
AM
Subject: RE: [RT] Bank Loan Performance
Lab
I?d
recommend BB&T, a regional. When they were a client (I was with
KPMG in the ?70s) they were a farming bank out of Wilson NC. They knew
farms and rural areas. That?s they?re only limitation in your site and
all their other loan categories are excellent. And concerning farms,
food might be pretty important to the world. Jim Rogers on CNBC
(George Soros? partner) said he was buying Brazilian farmland a couple weeks
ago. Presumably, food will become more scarce in the future?.and hence
more valuable. I feel like BB&T would know their farmland lending
pretty well. In addition, they have the CDARS program. You can
buy CDs over the $250K limit at their bank and the CDARS program will spread
it among several CDARS member banks to get you full FDIC coverage. You
can pick out the banks you want the money to go to. Very convenient as
opposed to dealing with a half dozen banks and keeping track of a half dozen
levels of paperwork and maturities?.all on one statement and one window to
shop.
From: realtraders@yahoogroups.com
[mailto:realtraders@yahoogroups.com] On Behalf Of Don
Ewers
Sent: Friday, March 20, 2009 9:39 AM
To:
realtraders@yahoogroups.com
Subject: [RT] Bank Loan
Performance Lab
Check out your local bank
(Find Bank) to see how they are doing?
Note the deliquency rate
rating by loan type on a banks main page and under the Delinquency to
Allowance tab whether they are out in front with reserves or way behind
(more rightdowns coming.
A wealth of information
here.
If you see a particularly
good conservative one in your area, please post it
here.
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