Weiss: Florida among worst for banking

When it comes to strength and solvency, Florida is among the worst states for banking, according to a new report released by Weiss Ratings.

Nearly 80 percent of the 532 banks and thrifts in Florida are considered weak and have received a D-plus or lower Weiss Financial Strength rating.

The findings are based on capital, earnings, asset quality and liquidity.

The Weiss study found that, on average, 5.1 percent of the banks and thrifts in Florida have failed each year since 2008.