Banks on list
Customers Bancorp Inc. CUBI, -13.11% West Reading, Pa.
First Republic Bank FRC, -14.84% San Francisco, Calif.
Sandy Spring Bancorp Inc. SASR, -2.91% Olney, Md.
New York Community Bancorp Inc. NYCB, -5.99% Hicksville, N.Y.
First Foundation Inc. FFWM, -9.11% Dallas, Texas
Ally Financial Inc. ALLY, -5.70% Detroit, Mich.
Dime Community Bancshares Inc. DCOM, -2.81% Hauppauge, N.Y.
Pacific Premier Bancorp Inc. PPBI, -1.95% Irvine, Calif.
Prosperity Bancshares Inc. PB, -4.46% Houston, Texas
Columbia Financial Inc. CLBK, -1.78% Fair Lawn, N.J.
Got ten more?
Not that they shouldn’t have called attention to it, but MarketWatch & the eager Mr. van Doorn have pretty much sealed the fate of the ten banks they identified as “on the chopping block”.
My financial advisor told me Charles Schwab bank is worse than SVB by a mile. They have my 401k… but supposedly, it’s separate and guaranteed to a much higher level than a bank.