Savers Bank Continues to Thrive as 5-Star Bank
January 2021: Coral Gables, Florida, BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly announces that Savers Bank, Southbridge, Massachusetts has once again been awarded its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 100 consecutive quarters, means that Savers Bank did not just make it through the Great Recession and is not just holding on now during this pandemic, but has triumphed over everything that has been thrown its way for decades.
The “Best of Bauer Bank” designation is reserved specifically for banks that have earned Bauer’s highest rating (5-Stars) consistently for at least 25 consecutive years, like Savers Bank. “That’s impressive in the best of times,” notes Karen Dorway, president of the research firm. “But I can’t overstate the strength and prudence that Savers Bank has exhibited over the past decades that got it to this point. And as we begin 2021, we have every reason to believe that Savers Bank will continue to thrive.”
Savers Bank was established in 1910 and has been a boon for the communities it serves ever since. Whether at a branch, on your phone or online at saversbank.com, 5-Star rated Savers Bank is ready, willing and able to serve its neighbors and friends.
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.