Clear Mountain Bank Rated 5-Stars Consistently for More Than 10 Years
Posted on: April 17th, 2018
Clear Mountain Bank has once again, secured its highest 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.)
Earning and maintaining this top 5-Star rating for 58 consecutive quarters,Clear Mountain Bank has also procured an “Exceptional Performance Bank” status. This assignment is reserved for banks that have maintained Bauer’s highest rating consistently for 10 years or longer.
“A lot of things have changed since the Great Recession,” reflects Karen L. Dorway, president of BauerFinancial. “Technology, in particular, has changed the way many people bank, but it will never replace a bank’s knowledge of its customers. Community banks, like Clear Mountain Bank, have the upper hand on that. Through personal interaction, they can meet their customers’ needs today while anticipating them for tomorrow.”
Clear Mountain Bank is a locally-owned and managed community bank serving north-central West Virginia and western Maryland, and has been reinvesting in its local communities for more than 100 years. The bank offers 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.
Clear Mountain Bank: “The Clear Choice.”
Member FDIC and an Equal Housing Lender
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.