Get the latest information about Savings Institute Bank & Trust and the work we're doing in the communities we're proud to serve.
September 2016: Savings Institute Bank & Trust proudly announces it has once again earned a 5-Star Superior rating from BauerFinancial, the Nation’s Premier Bank Rating Firm. To earn Bauer’s Highest 5-Star rating, Savings Institute Bank & Trust must excel in areas of capital adequacy, profitability, loan quality, and more. This marks the 26th consecutive quarter that Savings Institute Bank & Trust has earned this rating.
“Not only does Savings Institute Bank & Trust have 26 quarters of 5-Star ratings behind it, its strong capital position and prudent loan underwriting give us every reason to believe it will continue to do so”, contends Karen L. Dorway, president of BauerFinancial. “Knowing its customers is one of the keys to intelligent underwriting, and as a community bank, Savings Institute Bank & Trust has an inside track.”
Savings Institute Bank & Trust Company which is headquartered in Willimantic, Connecticut offers branches throughout Rhode Island and eastern Connecticut. At $1.5 Billion in assets, 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.