First National Bank and Trust Earns Bauer’s Elite 5-Star Rating
Release date: 12/23/2015
Beloit, WI – BauerFinancial Inc., Coral Gables, Florida announced recently that First National Bank and Trust, Beloit, Wisconsin has once again earned its coveted 5-Star Superior rating for the 18th consecutive quarter. “A 5-Star rating indicates that First National Bank and Trust is one of the strongest banks in the nation, excelling in such areas as capital, loan quality, profitability and much more. Earning Bauer’s 5-Star designation proves that First National Bank and Trust is getting it right,” expressed Karen L. Dorway, president of BauerFinancial, the nation’s bank rating firm.
"BauerFinancial has been touting the benefits and mainstays of community banks since its inception in 1983,” Dorway continues. “I am thrilled to be able to say that the January 2016 issue of Consumer Reports agrees. According to its own surveys, Consumer Reports concluded that smaller banks are best for personal service as they ‘tend to focus on relationships’; over three-quarters of respondents indicated they were ‘highly satisfied’ in the Consumer Reports survey.”
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 can pay for or opt out of a BauerFinancial rating. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.
First National Bank and Trust Company is a family-owned, community bank headquartered in Beloit, Wisconsin. Chartered in 1882, First National Bank and Trust Company now serves more than 27,000 households in 9 communities and 12 locations in Southern Wisconsin and Northern Illinois with assets of approximately $820 million. Commitment to full service banking, investments, asset management, exceptional service, and Sound Advice has positioned First National Bank and Trust Company as a Stateline leader in the industry. For additional information, visit www.bankatfirstnational.com.