Danbury, CT : Ives Bank, Danbury, CT has once again been awarded the highest (5-Star) rating for financial strength and stability from the Nation’s Premier Bank Rating Firm, BauerFinancial, Inc. Earning and maintaining this 5-Star rating indicates that Ives Bank excels in such areas as capital adequacy, profitability, asset quality and much more. This is no coincidence. In fact, this is the 14th consecutive quarter that Ives Bank has earned this top rating.
“This is indeed reflective of Ives Bank’s dedication and commitment, not only to its customers, but to the entire community it serves,” reflects Karen Dorway, president of BauerFinancial. “Community banks, like Ives Bank, have consistently been on the front lines doing what is best to help their neighbors and friends. This special type of devotion is a hallmark of a true community bank, like Ives Bank.”
“We’re very honored to receive this recognition once more,” said Martin Morgado, president and CEO of Ives Bank. “Our Ives Bank team works diligently to ensure our solid and consistent financial footing is maintained, and this shines through in the trust our community holds for us. We are so grateful for that.”
Established in 1849, Ives Bank has been a trusted ally of the communities it serves for 177 years. 5-Star-rated Ives Bank’s personnel are eager to serve, whether in the branch, by phone or online at ivesbank.com.