Clear Mountain Bank Earns 5-Star Rating for 70 Consecutive Quarters
Posted on: March 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.
This is the 70th consecutive quarter that Clear Mountain Bank has earned this top rating, which ensures 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.
“This is indeed reflective of Clear Mountain Bank’s dedication and commitment, not only to its customers, but to the entire community,” reflects Karen Dorway, president of BauerFinancial. “Community banks, like Clear Mountain Bank, have been on the front lines doing what is necessary to help their neighbors and friends. This is the type of devotion you will only find in a community bank,” she added.
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.