5-star logo SEP 2017

Clear Mountain Bank Named 5-Star Superior Bank

Posted on: September 28th, 2017

Clear Mountain Bank has earned a coveted 5-Star rating 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 56 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.

“By earning Bauer’s highest 5-Star rating, Clear Mountain Bank proves to its customers and the community that it is committed to their needs and to financial discipline,” notes Karen L. Dorway, president of BauerFinancial. “As times change, so do customers’ needs. Community banks like Clear Mountain Bank excel at finding ways to meet these ever-changing needs while maintaining financial discipline and prudent underwriting.”

Clear Mountain Bank is a locally-owned and managed community bank serving north-central West Virginia and western Maryland. Clear Mountain Bank offers a comprehensive array of banking services. The company 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.

BauerFinancial, Inc., 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.

 

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