5-Star Savers Bank - Fostering Relationships, AccountabilityBAUERFINANCIAL, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm, is proud to announce that Savers Bank, Southbridge, Massachusetts has once again secured a 5-Star rating.
What a great way to start 2018! (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) Earning and maintaining this top 5-Star rating for 88 consecutive quarters puts Savers Bank in an even more prominent position as a “Sustained Superiority Bank”. This designation is reserved for the Top 10%. These banks have maintained Bauer’s highest rating longer than 90% of the industry, proving once again that Savers Bank is among the strongest in the industry.
“Because community banks put their focus on local people and small businesses, they are perfectly positioned to provide the specialized support that is unique to their area,” acknowledges Karen L. Dorway, president of BauerFinancial. “Community banks, like Savers Bank, promote local growth by investing back into the same neighborhoods that their deposits come from. By fostering these local relationships, they achieve two goals: they are highly capitalized and they are accountable to their customers.”