Best of Bauer
BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, has once again awarded Savers Bank its top (5-Star) rating. “It’s important to impress, this award is not granted; it is earned”, emphasizes Karen Dorway, president of BauerFinancial. “And, having earned 5-Stars for 100 (or more) consecutive quarters, Savers Bank has earned an even higher designation as a ‘Best of Bauer Bank’”.
Bauer rates every federally-insured U.S. chartered bank with the same strict standards, and we are pleased to report that Savers Bank continues to excel in areas of capital adequacy, profitability, loan quality and more. This marks the 108th consecutive quarter it has done so - since June 1996! Now that’s worth celebrating. Savers Bank has certainly proven it has what it takes to carry it through 2023, whatever it may bring.
“With the Federal Reserve raising interest rates at breakneck speed, it may be tough for some banks to keep pace”, cautions Dorway. “But, with high capital cushions and an established track record, Savers Bank is well-positioned to continue to thrive and be a source of strength for its community.”
Savers Bank was established in 1910 and has been a rock-solid banking partner for the community ever since. That’s 113 years of relationship-building and community-strengthening. Neighbors and friends should be proud to call Savers Bank their bank.
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.