Ohio Bank Fails

With no improvement in asset quality in the second quarter, the bank lost another $5 million, and its total equity capital plummeted further to $5.4 million.

Miami Valley's failure is another example of why it is so important to monitor the health of the bank or savings and loan institution that holds your money. TheStreet.com Ratings Screener makes it easy to quickly check on the health of your bank free of charge.

While most depositors are well within FDIC limits, consumers and small businesses still should be aware of the health of their financial institutions. It is quite easy for any small business to have more than $100,000 -- the maximum individual non-retirement deposit the FDIC will insure -- of working funds flowing through a bank.

Also, almost all of the country's thousands of municipal entities, and thousands more organizations of all types, have bank deposits exceeding FDIC insurance limits.