Time to read
1 minute
Read so far

Fayette Savings Bank Rated 5-Stars for 75 Consecutive Quarters

Fayette Savings Bank, La Grange, proudly acknowledges that it has, once again, received a 5-Star Superior rating from BauerFinancial, the Nation’s Premier Bank Rating Firm. A 5-Star Superior rating indicates that Fayette Savings Bank is one of the strongest banks in the nation, excelling in areas of capital, loan quality, profitability and more.

This marks the 75th consecutive quarter that Fayette Savings Bank has earned this top rating, which secures an even more elite status as an “Exceptional Performance Bank,” an honor reserved solely for banks that have maintained a 5-Star rating for 10 years (40 consecutive quarters) or longer.

“A lot of things are changing,” reflects Karen L. Dorway, president of BauerFinancial.

“Rules and regulations are being retooled, technology is advancing at lightning speed, and it’s easy to feel like you’re getting lost in the fray,” she continues. “People don’t want to feel like that at their bank. When they walk into a branch, they want to feel confident that their deposits are safe, that all rules are being followed, and that their banker understands their specific needs. That’s why it’s so important to have 5-Star rated (Superior) banks, like Fayette Savings Bank, in our communities. We can be confident that they have our hard-earned deposits properly secured.”

Fayette Savings Bank was established in 1976 and has been meeting the specific needs of the people in the communities it serves for 49 years. You can be proud to call Fayette Savings Bank your bank. Visit fayettesavings.com.

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.