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BauerFinancial Gives Local Bank Superior 5-Star Rating

MissionBankMission Bank is proud to be recognized as a superior 5-Star rated bank by BauerFinancial, a national bank rating and research firm. BauerFinancial’s rating system is based upon an analysis of current financial data as supplied by federal banking regulators, with the 5-Star rating indicating Mission Bank’s solid capital position, profitability, sound asset quality, and balance sheet strength.

This is the highest rating possible, awarded only to banks considered to be the strongest in the nation. BauerFinancial has come to be regarded as “the nation’s bank rating service,” and has been analyzing the performance of banks and credit unions since 1983. Ratings are determined by the bank’s capital ratio (a measure of a bank’s capital) as well as profitability, delinquent loans, charge-offs, liquidity and more. Banks cannot pay to be rated nor opt out of being rated.

“We are proud to once again receive this superior rating from BauerFinancial,” said President and CEO Darrell Lautaret. “The Board of Directors and I commend our staff for their dedication and the exceptional customer service they provide to our clients.”

Mission Bank specializes in serving businesses, professionals and the communities in Northern Arizona since 2001.

 

 

 

 

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