Killbuck Savings earns 5-star rating

Killbuck Savings earns 5-star rating
                        

BauerFinancial Inc., the nation’s premier bank-rating firm, has announced Killbuck Savings Bank Co. has once again earned its highest rating, a 5-star rating, for financial strength and stability. Earning a 5-star rating indicates a bank excels in areas of capital adequacy, profitability, asset quality and more.

Earning and maintaining the top rating for 114 quarters means Killbuck Savings Bank has done so continuously since December 1991, an achievement that has secured for the bank an even higher status as a “Best of Bauer Bank.” The “Best of Bauer” designation is reserved specifically for banks that have earned Bauer’s highest rating continuously for 25 years or longer.

“While other banks are trying to win back the confidence and trust of their customers, community banks like the Killbuck Savings Bank Co. never lost it,” said Karen Dorway, president of BauerFinancial. “In fact a recent Federal Reserve survey found that while fewer than half of ‘big bank’ customers were satisfied with their overall banking experience, the vast majority of community bank customers were satisfied. And local businesses dealing with community banks not only reported the most satisfaction, but also the most success. Those findings didn’t surprise us. Community banks, the Killbuck Savings Bank Co. included, are local small businesses themselves, so they have a definite leg up on most outsiders.”

The Killbuck Savings Bank Co., founded in 1900, has 11 offices in Berlin, Dalton, Danville, Fredericksburg, Howard, Killbuck, Millersburg, Mount Hope and Sugarcreek, plus a loan annex in Millersburg. It can be found online at www.killbuckbank.com.


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