IDC, as a bank rating service, provides a thorough analysis of 24 financial ratios with a one-number summary rating computed for each financial institution in the country that reports to agencies of the Federal government. This summary rank allows simple and direct comparison of any bank, savings institution, or credit union with any (or all) others, in terms of financial safety and soundness.
Since 1989, 99% of failed institutions were rated below "75", a strong indication of the reliability of IDC's rating process. Each publication contains an updated breakdown of bank and savings institution failures each quarter.
IDC, as a bank rating service, provides an unique comparison of subsidiary bank ratings which are listed with the parent holding company and its rating. This allows the subscriber to view the quality and strength of the parent relative to the bank subsidiaries.
Bank, Savings Institution, and Credit Union ratings and supporting financial ratios can be analyzed in a data base, through IDC's online portal, in a management review for a single institution, in peer groups, by region of the country, or through history of a financial institution.
IDC is continually refining the financial ratios to reflect additional financial data released by the regulators. The IDC rating is important for at-a-glance assessment. More important is the ability we give you to determine the financial institution's strength and weaknesses and how each ratio impacts the summary rating.
IDC offers specialized bank rating services to subscribers which have access to IDC qualified analysts when questions arise concerning ratings or methodology. The subscriber may know of unique circumstances for an institution that are not reflected in the standard regulatory reporting, circumstances which could change the methodology used in that particular situation.