Clear Mountain Bank Consistently Earns BauerFinancial’s Highest 5-Star Rating
Posted on: June 16th, 2021
Clear Mountain Bank has once again been awarded the highest 5-Star rating for financial strength and stability from BauerFinancial, Inc., the nation’s premier bank rating firm.
Earning and maintaining this top 5-Star rating is evidence that Clear Mountain Bank excels in such areas as capital adequacy, profitability, asset quality and much more.
In order to earn the 5-Star rating, Clear Mountain Bank underwent a rigorous, independent analysis of its financial status and came out on top! Clear Mountain Bank has the strength to support its community as it consistently excels in areas such as capital strength, profitability, asset quality, and much more.
This is the 71st consecutive quarter that Clear Mountain Bank has earned this top rating. That has earned Clear Mountain Bank an even higher designation as an “Exceptional Performance Bank”, a status reserved for institutions that have earned Bauer’s highest rating consistently for at least 10 consecutive years.
“One thing that has been made clear in the past year and a half is that a bank is neither a building nor technology. While both are good and necessary, it’s the people behind the walls and technology that make a bank what it is,” notes Karen Dorway, president of BauerFinancial. “Community banks, like Clear Mountain Bank, help their neighbors through the good times and the bad.”
Clear Mountain Bank is a locally owned and managed community bank that has been serving North Central West Virginia and western Maryland for more than 125 years. The bank provides a comprehensive array of digital and traditional banking products and services to meet the needs of its personal, business, commercial, mortgage and financial planning customers.
The bank was recently named as one of the nation’s Best Banks to Work For by American Banker and Best Companies Group. Additional information 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. More information is available at bauerfinancial.com.