5-Star Clear Mountain Bank an Invaluable Community Partner
Posted on: June 14th, 2017
Clear Mountain Bank is pleased to report it has once again earned a coveted 5-Star rating in June 2017 from BauerFinancial, the nation’s premier bank rating firm. (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) Clear Mountain Bank has earned and maintained this top honor for 55 consecutive quarters, putting it in an even more prominent position as an “Exceptional Performance Bank”. This designation is reserved for those banks securing a 5-Star rating for 40 consecutive quarters or longer.
“Clear Mountain Bank is an integral member of the community,” remarks Karen L. Dorway, president of BauerFinancial. “Its support provides the vitality the community needs to remain socially, educationally and commercially vibrant. A strong community, in turn, produces a strong community bank. And the cycle continues. True community banks, like Clear Mountain Bank, understand that what is good for the community is equally good for the bank, making them an invaluable neighbor.”
Established in 1931, Clear Mountain Bank has been providing value to its neighbors and friends for 86 years. Today it operates through 13 conveniently located offices throughout northern West Virginia and extending into Maryland. The bank is a member of the FDIC and an Equal Housing Lender.
Clear Mountain Bank is “The Clear Choice.”
BauerFinancial, Inc., located in Coral Gables, Florida, is the nation’s leading independent bank and credit union rating and research firm and 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. Star-ratings are all available for free at bauerfinancial.com.