BauerFinancial - 72nd Consecutive 5-star rating - 7/2/2009
Titonka Savings Bank, with offices in Titonka, Forest City, and Thompson, Iowa takes great pride in receiving a 5-Star Superior rating for financial strength and stability from BauerFinancial, Inc., Coral Gables, Florida. 5-Stars is the highest rating attainable from BauerFinancial (the Naition's Bank Rating Firm for over a quarter of a century) and is based on the overal financial picture of the institution.
Earning a 5-Star rating indicates that Titonka Savings Bank is one of the strongest in the nation. In fact, this is the 72nd consecutive quarter that Titonka Savings Bank has earned this highest honor. Only 6% of the nation's banks can claim this distinction.
Given that, it is not surprising that Karen L. Dorway, president of BauerFinancial, has high praise for Titonka Savings Bank. "Titonka Savings Bank has avoided the lending and underwriting problems that have plagued much of the banking industry. It is clear that the staff of Titonka Savings Bank, under the director of Mr. Allan J. Boyken, CEO, remains diligent in adhering to sound banking principles and stndards."
Established in 1916, Titonka Savings Bank has been serving the banking needs of its neighbors and friends for 93 years. It currently operates through three conveniently localted offices in Titonka, Forest City, and Thompson 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 on 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.