Fayette Savings Bank Earns 5-Star Rating for ‘Exceptional Performance’

BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly acknowledges that Fayette Savings Bank, La Grange, has earned its highest, 5-Star rating for 70 consecutive quarters. Having maintained its financial strength and stability for over a decade, Fayette Savings Bank has also earned an “Exceptional Performance Bank” distinction. This designation is reserved solely for those banks that have earned and maintained Bauer’s 5-Star Rating for ten years (40 consecutive quarters), or longer. This latest rating was assigned in January 2024 based on Sept. 30, 2023 financial data and signifies that Fayette Savings Bank continues to be one of the strongest banks in the nation.

“Bauer rates banks based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Bauer does not rate based on how much a bank gives back to its community, but sometimes I wish we could. The employees of community banks, like Fayette Savings Bank, feel a responsibility to help their community grow and thrive,” continues Dorway. “It gives me great pleasure to acknowledge that a bank that measures its success by the success of its neighbors and friends, does so from such a solid financial foundation.”

Since its inception in 1978, Fayette Savings Bank has been an enthusiastic supporter of the people and organizations in the communities it serves, which is also where its employees live, work and play. A dedicated banking partner, yes, but so much more. Supporting the community is what it does, and what it has done for 46 years. This community-focused bank wouldn’t have it any other way. Visit fayettesavings.com.