Walk and Financial Tip: Banks in San Gabriel Valley

In the previous post, I mentioned Safe & Sound Rating from BankRate.com, so I decided to do some Safe and Sound research on banks in San Gabriel and Alhambra, including international banks. The rating is out of 5 stars (the more, the better).

• Bank of America (FDIC Insured; 3 stars - North Carolina)
• Bank of East Asia (USA), The (FDIC Insured; 2 stars)
• California Bank & Trust (FDIC Insured; 4 stars - California)
• Cathay Bank (FDIC Insured; 3 stars - California)
• CitiBank (FDIC Insured; 3 stars - Nevada)
• Citic Ka Wah Bank (Not Insured)
• East West Bank (FDIC Insured; 3 stars - California)
• Eastern International Bank (FDIC Insured; 4 stars - California)
• Far East National Bank (FDIC Insured; 4 stars - California)
• Omni Bank (FDIC Insured; 4 stars - California)
• Preferred Bank (FDIC Insured; 2 stars - California)
• Shanghai Commercial Bank (Not Insured)
• TomatoBank (FDIC Insured; 4 stars - California)
• United Commercial Bank (FDIC Insured; 2 stars - California)
• Wachovia (FDIC Insured; 2 stars - North Carolina)
  
• Washington Mutual (FDIC Insured; 1 stars - Nevada)
• Wells Fargo (FDIC Insured; 4 stars - South Dakota)
• Wing Lung Bank (Not Insured)

As you can see, WaMu and Wachovia do not look too good here.... Maybe it is time to stop saying Woo Hoo?