Anchor Bank Rated 5-Star Superior by Bauer Financial
Anchor Bank Rated 5-Star Superior by Bauer FinancialOctober 29, 2020
Bauer Financial, the nation’s premier bank rating firm, has announced that based on financial data as of June 30, 2020, Anchor Bank has been rated 5-Star Superior. Bauer ratings are based on several factors including profitability/loss trend, level of delinquent loans and capital level, the market versus book value of the investment portfolio, the community reinvestment rating (CRA), liquidity and more.
“I’m proud of our team for being recognized for their commitment to exceptional banking. It’s also a nice reward for our loyal customers,” said Nelson Hinojosa, President and CEO of Anchor Bank. “They can rest assured that their bank is healthy and stable. A 5-Star rating also gives them the confidence to invite others to experience the personalized service and high-tech convenience they enjoy by banking at Anchor Bank.”
About Bauer Financial
Bauer Financial, Inc. has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Bauer Financial obtains the data each bank and credit union is required to file with federal regulators four times a year and analyzes it and compares it with historical data for consistency. Upon completion of the analysis, a star-rating is assigned. No institution pays for its rating, nor can they avoid a rating. For more information, please visit www.bauerfinancial.com.