According to Bankrate's website, "Safe & Sound® is a proprietary system designed to provide information on the relative financial strength and stability of U.S. commercial banks, savings institutions and credit unions." The system assesses each institution on 22 tests to measure:
- Capital adequacy
- Asset quality
- Profitability
- Liquidity
For those financial institutions looking to capitalize on safety, security and stability in these tumultuous times, a 5-star rating from an independent entity like Bankrate.com just may be the tonic.