5-Star Rated Clear Mountain Bank Recognized for Financial Excellence
Posted on: March 1st, 2019
Clear Mountain Bank proudly announces its 5-star rating for its continued financial excellence from BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm. Not only has Clear Mountain Bank earned Bauer’s highest 5-Star rating for financial strength and stability, it has maintained that top rating for 62 consecutive quarters. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning 5-Stars consistently for ten years or longer gives Clear Mountain Bank an even higher status as an “Exceptional Performance Bank”.
“What I find particularly encouraging”, observes Karen Dorway, president of BauerFinancial, “is that it’s community banks, like Clear Mountain Bank, that are achieving this status. Community banks base decisions on relationships, not just on numbers. We seem to be coming to a point where human interaction is regaining importance. Technology is an invaluable tool, but only when it enhances the customer experience. Clear Mountain Bank has never lost sight of that.”
Clear Mountain Bank is a locally-owned and managed community bank serving north-central West Virginia and western Maryland through its 13 conveniently-located branch offices. The bank has been building relationships and reinvesting in its local communities for more than 100 years and is proud to offer a comprehensive array of banking services and is a leader in providing electronic banking services, including mobile banking and remote deposit. Additional information of the bank’s products and services is available at www.clearmountainbank.com.
About BauerFinancial – BauerFinancial, Inc., 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. Star-ratings are all available for free at bauerfinancial.com.