News
5-Star Washington Savings Bank A Relationship to Bank On
(Coral Gables, FL) BauerFinancial, Inc., Coral Gables, FL is pleased to announce that Washington Savings Bank, Effingham, Illinois has once again earned its coveted 5-Star Superior rating. BauerFinancial, the nation’s premier bank rating firm, has been evaluating and rating banks since 1983. A 5-Star Superior rating indicates that Washington Savings Bank is one of the strongest banks in the nation, excelling in areas of capital, loan quality, profitability and more.
Washington Savings Bank has earned Bauer’s 5-Star Superior rating, an indication of strength and security, for the most recent 107 consecutive quarters. That has earned Washington Savings Bank the added title of “Best of Bauer Bank”. This designation is reserved for those banks that have maintained the 5-Star rating for 25 years or longer.
Karen L. Dorway, president of BauerFinancial notes that, “for the first time, we see Big Banks acknowledging the value in relationship banking. That’s something community banks, like Washington Savings Bank, have always known. In fact”, she continues, “because of their inherent focus on relationships, community banks are uniquely positioned to serve their communities in a way non one else can. Those relationships pay off for both Washington Savings Bank and the customers it serves.”
Established in 1883, today Washington Savings Bank (www.washingtonsavings.net) operates through two conveniently located branch offices in Effingham, one on South Banker Street, the other on North Keller Drive.
Washington Savings Bank: “Local • Secure • Enduring • Convenient.” Member of the FDIC and an Equal Housing Lender.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.
