There are well over 800 publicly traded U.S. banks and for the savvy investor, these stocks can create returns that are as lucrative as technology or health care stocks.

Banks make their money on the business of buying and selling money. They purchase money through checking and savings accounts. They sell money by making loans or investing in securities. In addition they charge various fees and service charges that add to the profits. There are many ways to evaluate bank stocks, such as net interest margin, efficiency ratios, and assets by comparing banks with similar business models. Title to the bank stocks would be held in the name of your IRA account (FDIC as Receiver for First Regional Bank c/f Client Name) with the TRUST tax identification number.

Contact our Customer Service Department for assistance completing your bank stock transaction.