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March 2016: Savings Institute Bank & Trust, Willimantic, Connecticut is honored to announce it has once again earned BAUER FINANCIAL Inc.’s highest 5-Star Superior rating. A 5-Star rating indicates that Savings Institute Bank & Trust is one of the strongest banks in the nation, excelling in such areas as capital, loan quality, profitability and much more. What’s more, Savings Institute Bank & Trust has earned this highest rating for 24 consecutive quarters.
Karen L. Dorway, president of BauerFinancial, recognizes that, “As market conditions continue to change, banking institutions must be adept enough to evolve with them. With Savings Institute Bank & Trust’s stellar financial condition and track record, we have no doubt in its ability to do so. The community is privileged to have such a strong financial partner in its midst.”
Savings Institute Bank & Trust Company which is headquartered in Willimantic, Connecticut offers branches throughout Rhode Island and eastern Connecticut. At $1.4 Billion, the Bank is a full service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses within its market area.
BAUERFINANCIAL, Inc., Coral Gables, Florida, 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. Consumers may obtain free star-ratings by visiting bauerfinancial.com.