THE list of FDIC-insured banks below is generated by our model with the Bankability Composite Score* under 20, indicating their current financial status is at very poor.

The data used to generate this list is current as of March 31, 2011. There are currently 199 banks on this list. Banks that failed after 2011 Q1 will get noted if they are on this list.

Update (6/6/11): Another list of 515 banks has been generated by our model with the Bankability Composite Score between 20 and 40, for banks with their current financial status labeled as poor. We will publish that list on a later date but is available upon request for legitimate purposes via "info(at)moneyeconomics(dot)com."

Final Update (8/30/11): This list will serve as the archived version and will no longer be updated.  Please consult the 2011 Q3 Watch List on FDIC Insured Banks at Very High Risk of Failing (updated) page for the most current version of this list.

Other items of interest:

• Failed FDIC Bank Reports for banks that failed since 2008.
• OFFICIAL Thread on banks at risk of shutting down for current discussions on the failing banks.
• Historical bank data via BankEval on how the current banks are performing.
• 2011 Q1 Watch List on FDIC Insured Banks at Very High Risk of Failing (Final Update: 6/6/11) for the previous version of this list.

Disclaimer: This list does not guarantee that banks will fail in any order.  It is best used as overall indicator on each bank's financial status.

*Bankability Composite Score is a proprietary scoring mechanism developed by Money Economics.  It focuses on the Key Performance Indicators (KPI's) and combining that using a multi-dimension approach.  Please see the Official Bankability Composite Score Thread for more information.