BauerFinancial - 71st Consecutive 5-star rating - 4/2/2009
There are 8% Fewer 5-Star Banks than Last Year, But Titonka Savings Bank is Still Tops
April 2009: BauerFinancial, Inc., Coral Gables, Florida is proud to announce that Titonka Savings Bank, Titonka, Forest City, and Thompson, Iowa has earned its highest 5-Star Superior rating for financial strength and stability. BauerFinancial, the Nation’s Bank Rating Firm, has been analyzing and reporting on the nation’s banks for over 25 years. The rating is based on the overall financial picture of the bank, and a 5-Star rating indicates that the Titonka Savings Bank is one of the strongest banks in the nation. This is the 71st consecutive quarter that Titonka Savings Bank has earned this highest honor; only 7% of the nation’s banks can claim this distinction.
“The number of 5-Star rated banks is diminishing”, comments Karen L. Dorway, president of BauerFinancial, “but that doesn’t mean that they are extinct. Titonka Savings Bank is an excellent example of traditional, conservative banking. In this new era of ‘back to basics’ thinking, this is exactly what you should be looking for in a bank.”
Titonka Savings Bank was established in 1916 and has been serving the needs of its neighbors and friends for 93 years. It operates through three conveniently located offices and can be found on the internet at www.tsbbank.com.
Titonka Savings Bank: “Your 5-Star Community Bank.”
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can it be eluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.