TSB Bank Has Been Awarded A FIVE STAR rating by Bauer Financial, Inc. for the Second Quarter of 2011 - 9/28/2011
September 2011: Titonka Savings Bank with offices in Titonka, Forest City and Thompson, Iowa is once again proud to be recognized as a superior 5-Star rated bank by BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading bank rating and research firm. To earn this rating Titonka Savings Bank must not only report impressive capital levels, but also an enviable loan portfolio with negligible levels of delinquent loans.
That’s a combination that has been hard to come by the past couple of years. Yet, Titonka Savings Bank has managed to do it. With that, BauerFinancial bestows its highest 5-Star Superior rating on Titonka Savings Bank denoting the highest level of strength and performance that a bank can receive. In fact, Titonka Savings Bank has earned this 5-Star Superior rating for the last 7 consecutive quarters.
“Not only has Titonka Savings Bank proven its efficacy yesterday and today, it is also primed for whatever tomorrow may bring,” observes Karen L. Dorway, president of BauerFinancial. “The past three years have put a considerable amount of pressure on our nation’s banks and we are pleased to see community banks, like Titonka Savings Bank, still able to shine.”
Titonka Savings Bank was established in 1916 and has been effectively meeting the needs of its local communities for 95 years. It currently operates through conveniently located offices in Forest City, Thompson and Titonka and can be found on the internet at www.tsbbank.com.
Titonka Savings Bank Offices In: Your 5-Star Community Bank.
BauerFinancial, 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 BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.