USAA Federal Savings Bank named one of the top 50 banks and thrifts Follow this company .was ranked No. 32 among the top 50 banks and thrifts in the country based on total assets.
This was a move up on the rung from 36th the year prior. USAA Federal Savings Bank was the only San Antonio financial institution on the top 50 list.
USAA Federal Savings Bank had total assets of $48.8 billion and total deposits of $43.8 billion.
Charlotte, N.C.-based Bank of America Corp .Bank of America Corp Latest from The Business Journals U.S. Bank sues Countrywide over bad mortgagesBank of America sued by U.S. Bank over faulty mortgagesUS Bancorp, FDIC and AIG spell more mortgage trouble for Bank of America Follow this company .. (NYSE: BAC), which has branches in San Antonio, ranked first on the list.
The financial institutions were ranked by assets as of the second quarter of 2011 by SNL Financial — a provider of breaking news, financial data and expert analysis on the banking, insurance, financial services, real estate, energy, and media and communications industries.
.San Antonio Business Journal – by Tamarind Phinisee
© 2011 American City Business Journals, Inc.