Nyce & Co. its principal and affiliates maintains a solid relationship with a number of banks that have earned excellent local and national credentials.
- Bank of America
- First Union
- Chinatrust Bank (U.S.A.)
We have chosen these institutions very carefully. After others failed or were absorbed in the 1980s, we were able to buy heavily from their tattered loan portfolios. An unknown author once said, "You never know who is swimming naked until the tide runs out." Some found wanting were household names like Annapolis Federal Savings and Loan, Home Savings Bank, Washington Federal Savings and Loan, Continental Federal Savings and Loan, Metropolitan Savings Bank, Jefferson Savings and Loan and Providence Savings and Loan Association.