THE WOODLANDS, Texas, May 30, 2017 /PRNewswire/ -- Woodforest National Bank announced that it has been awarded the highest 5-star superior rating for a 5th consecutive year by BauerFinancial, Inc., the nation's leading independent bank and credit union rating and research firm. Bauer released its most recent ratings based on December 31, 2016 financial data using certain criteria to determine the rating including but not limited to capital ratio, profitability, asset quality, risk management, regulatory supervisory agreement, the community reinvestment rating (CRA) and liquidity.
Cathy Nash, President and Chief Executive Officer of Woodforest National Bank states, "A 5-Star superior rating is an incredible honor. To be awarded the highest financial strength rating for a 5th consecutive year indicates that Woodforest is one of the strongest banks in the nation and positions us to help meet the needs of our customers and the communities we serve. According to the BauerFinancial Star Rating History report Woodforest has received 4-Star Excellent and 5-Star Superior ratings consecutively since 1992."
Celebrating over 35 years of community banking service, Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering unsurpassed quality customer service since 1980. Woodforest currently operates 743 branches in 17 states across the United States. For more information about Woodforest National Bank, please visit www.woodforest.com.
BauerFinancial, Inc., Coral Gables, Florida, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by vising www.bauerfinancial.com.
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SOURCE Woodforest National Bank