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Tompkins Community Bank

Bank of Castile in good shape, according to public records

By Howard B. Owens

A new national database designed to let consumers check on the health of regional banks shows the Bank of Castile in a relatively strong position.

According to the site, Castile has a troubled asset ratio of 3.4 percent, compared to a national median of 9.9 percent. The report also says as of December 2008, the bank had no loans more than 90 days past due.

You can check on all of New York's regional banks from this page.

M&T Bank, of Buffalo, which received $600,000 in TARP bailout money, has a struggling subsidiary. Manufacturers and Traders Trust Company has troubled asset ratio is 17.1 percent. It has more than $44 million in delinquent loans.

You can find out more about the Bank Tracker on the site's Q&A page.

News Roundup: School Board meets tonight

By Philip Anselmo

Check out WBTA for these and other stories:

  • Batavia's city School Board will hold its meeting at 7:00pm tonight in the administration building on Washington Avenue.
  • Parent company of the Bank of Castile, Tompkins Financial, was recognized by a "national rating company" for "consistent performance."

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