(Sept. 3, 2015) Taylor Bank of Berlin announces it has earned BauerFinancial, Inc.’s highest (5-Star) rating for strength and stability. Achievement of this coveted 5-Star Superior rating puts Taylor Bank in an elite category as one of the strongest banks in the nation.
BauerFinancial, the nation’s premier bank rating firm, has been evaluating and rating banks since 1983. Earning a 5-Star Superior rating means Taylor Bank excels in areas of capital, loan quality, profitability and more. By achieving this 5-Star Superior rating for the most recent 100 consecutive quarters, Taylor Bank has earned an even more elite status of “Best of Bauer” Bank. This designation is reserved for those banks that have maintained the 5-Star rating for 25 years or longer.
“Taylor Bank’s achievement is a result of its commitment to community banking and values. By focusing on the financial needs of local families and businesses, Taylor Bank has in turn, charted its own path,” said Karen L. Dorway, president of Bauer Financial. “It is a symbiotic relationship: the more success customers have, the more success the bank will have. It is built on a commitment to each other and is what all banks should strive for.”
Taylor Bank has been helping customers succeed since its inception as Calvin B. Taylor Banking Company in 1890. Today, as it celebrates its 125th Anniversary, it operates through 10 conveniently located offices in Berlin, Ocean City, Pocomoke City and Snow Hill in Maryland and in Ocean View, Del.
BauerFinancial, the nation’s premier bank rating firm, has been evaluating and rating banks since 1983. Earning a 5-Star Superior rating means Taylor Bank excels in areas of capital, loan quality, profitability and more. By achieving this 5-Star Superior rating for the most recent 100 consecutive quarters, Taylor Bank has earned an even more elite status of “Best of Bauer” Bank. This designation is reserved for those banks that have maintained the 5-Star rating for 25 years or longer.
“Taylor Bank’s achievement is a result of its commitment to community banking and values. By focusing on the financial needs of local families and businesses, Taylor Bank has in turn, charted its own path,” said Karen L. Dorway, president of Bauer Financial. “It is a symbiotic relationship: the more success customers have, the more success the bank will have. It is built on a commitment to each other and is what all banks should strive for.”
Taylor Bank has been helping customers succeed since its inception as Calvin B. Taylor Banking Company in 1890. Today, as it celebrates its 125th Anniversary, it operates through 10 conveniently located offices in Berlin, Ocean City, Pocomoke City and Snow Hill in Maryland and in Ocean View, Del.