First Colebrook Bank earns 5-Star BauerFinancial Rating for 18 Consecutive Quarters
COLEBROOK, N.H., Nov. 6, 2014 /PRNewswire/ -- First Colebrook Bank announces it has earned a 5-Star superior rating for the 18th consecutive quarter from BauerFinancial, Inc., the nation's leading independent bank and credit union rating and research firm. The latest 5-Star rating is based on financial data as of June 30, 2014.
A superior rating is BauerFinancial's highest distinction and signifies that First Colebrook Bank is one of the strongest, most secure and reliable financial institutions in the nation. The ranking is based on capital adequacy, asset quality, profitability and other factors.
"Every quarter for more than four years, First Colebrook Bank has earned a 5-Star rating. Only a fraction of our country's banks ever receive this honor," said First Colebrook Bank President and Chief Executive Officer Loyd W. Dollins.
Founded in 1889, First Colebrook Bank is a New Hampshire-owned community bank, operating from offices in Amherst, Colebrook, Concord, and Portsmouth, New Hampshire. Serving the banking needs of individuals and small businesses across the state for 125 years, the bank is an SBA Preferred Lender and has received the New Hampshire SBA's Outstanding Partner Award for consistent and sustained annual growth in SBA loans.
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 BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting bauerfinancial.com.
Media contact: John Pratt
[email protected]
603-430-4458
SOURCE First Colebrook Bancorp, Inc.
Share this article