Bank Five Nine has been given a 5-star, Superior rating by BauerFinancial! So what does this mean and why should you care?
We are proud to have earned Bauer’s highest rating of 5 stars. In addition to the capital ratio, other criteria are used to determine the BauerFinancial Star-Rating. Some of these include but are not limited to: profitability/loss trend, evaluating the level of delinquent loans, chargeoffs and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA), historical data and liquidity.
BauerFinancial is an independent bank research firm and the source for unbiased, independent bank and credit union star-ratings. They don’t get paid (nor have they ever) to rate any institution, nor can any institution avoid their rating.
Since 1983, BauerFinancial, and their excellent track record, have earned the respect of regulators, bankers and consumers across the country, and all their ratings are available for FREE to anyone who’s interested.
For more information about BauerFinancial or what they do, we encourage you to visit their website.