Banking is one of Cleveland's most important industries. We've all read news headlines describing its trials and tribulations. The Cleveland Public Library's Business Department has an impressive collection of resources on this industry, a few of these are described below.
The Business Department has sources for bank ratings, TheStreet.Com Ratings Guide to Banks and Thrifts (formerly Weiss Ratings), and LACE Financial Corporation's LACE Quarterly Financial Institution Ratings. The first is a quarterly and gives letter grades from A+ to F. It analyzes U.S. commercial banks, savings banks, and savings and loans. One valuable piece of information the guide provides is total home mortgages as a percentage of total assets.