Bauer 5-Star Logo - December 2017

Savings Institute Bank & Trust Again Recognized as a 5-Star Superior Bank

Dec 29, 2017

December 2017: BauerFinancial, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm, is proud to announce that Savings Institute Bank & Trust has once again secured a 5-Star rating. What a great way to start 2018! A 5-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more. Savings Institute Bank & Trust has earned and maintained this top 5-Star rating for 31 consecutive quarters, and that deserves recognition.

“Because community banks put their focus on local people and small businesses, they are perfectly positioned to provide the specialized support that is unique to their area,” acknowledges Karen L. Dorway, president of BauerFinancial. “Community banks, like Savings Institute Bank & Trust, promote local growth by investing back into the same neighborhoods that their deposits come from. By fostering these local relationships, they achieve two goals: they are highly capitalized and they are accountable to their customers.”

Savings Institute Bank & Trust headquartered in Willimantic, Connecticut offers branch locations throughout Rhode Island and eastern Connecticut. With $1.6 billion in assets, the Bank is a full service community-oriented financial institution dedicated to serving the financial service needs of consumers and businesses since 1842.