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From a safety and soundness perspective, more capital is preferred.
TCF National Bank received a score of 12 out of a possible 30 points on our test to measure the adequacy of a bank's capital, coming in below the national average of 13.13.
The Safe & Sound Ratings information is grouped by categories of banks, thrifts and credit unions.
A bank can retain its earnings, expanding its capital cushion, or use them to address problematic loans, potentially making the bank more resilient in times of trouble.
However, banks that are losing money are less able to do those things.
Overall, Bankrate believes that, as of December 31, 2017, TCF National Bank exhibited a superior condition, earning a full 5 stars for safety and soundness. Capital acts as a cushion against losses and provides protection for account holders when a bank is struggling financially.
Keep reading for a breakdown of how the bank did on the three important criteria Bankrate used to score U. Therefore, when it comes to measuring an a bank's financial strength, capital is useful.
As of December 31, 2017, 0.65 percent of TCF National Bank's loans were noncurrent, meaning they were more than 90 days past due or were in non-accrual status. Banks keep a reserve to deal with troubled assets known as an "allowance for loan and lease losses." Comparing the size of that reserve to the total amount of problematic loans can be a useful indicator when evaluating a bank's ability to manage problem assets.Unfortunately, the FDIC did not provide information on TCF National Bank's loan loss allowance in its most recent filings.How profitable a bank is has an effect on its safety and soundness.evaluates the financial condition of institutions and assigns a one- to five-star rating for each with five stars representing the highest rating.Institutions with satisfactory performance will generally receive a rating of three or more stars.