5-Star Savers Bank

Southbridge, Massachusetts - March 2024: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to announce that Savers Bank, Southbridge, MA, has earned its highest, 5-Star Superior rating for financial strength and stability for the 113th consecutive quarter. Having maintained its financial strength and stability for as long as it has, Savers Bank has also earned another designation as a “Best of Bauer Bank”. Only banks that have earned and maintained this highest 5-Star rating for 25 years (100 consecutive quarters), or longer, may claim this distinction. This latest rating was assigned in March 2024 based on December 31, 2023 financial data and signifies that Savers Bank continues to be one of the strongest banks in the nation.

“It gives me great pleasure to announce that there are still banks, like Savers Bank, that continue to provide a sense of security in this insecure world,” heralds Karen Dorway, president of BauerFinancial. “Friends and neighbors of Savers Bank probably already know this. They have the privilege of having a true community bank that sticks to common-sense banking values, right in their community. It’s important to let those who might not be aware, know that they have the strength of a 5-Star bank right in their midst.”

Since its inception in 1910, Savers Bank has been a dedicated anchor to this community. With a solid track record behind it, Savers Bank has displayed the strength and fortitude to continue forward in the same heedful manner that it has for the past 114 years.

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.

« Back