Georgetown Savings Bank Achieves 4-Star Excellent Rating
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GEORGETOWN, Mass.--(EON: Enhanced Online News)--In these tough economic times, it is important to know there are financial institutions that are strong, secure, and ready and able to assist their communities. Georgetown Savings Bank, Georgetown, Massachusetts is one such institution – dedicated to getting Main Street back on its feet. Since it exhibits overall financial excellence in such areas as: capital adequacy, delinquent loan levels and profitability, BAUERFINANCIAL, Inc., Coral Gables, Fl a style='font-size: 10px; color: maroon;
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Georgetown Savings Bank Achieves 4-Star Excellent Rating April 22, 2010 04:02 PM Eastern Daylight Time GEORGETOWN, Mass.--(EON: Enhanced Online News)--In these tough economic times, it is important to know there are financial institutions that are strong, secure, and ready and able to assist their communities. Georgetown Savings Bank, Georgetown, Massachusetts is one such institution – dedicated to getting Main Street back on its feet. Since it exhibits overall financial excellence in such areas as: capital adequacy, delinquent loan levels and profitability, BAUERFINANCIAL, Inc., Coral Gables, Florida is proud to bestow its 4-Star Excellent rating upon Georgetown Savings Bank. “The unstable economic picture, both on Wall Street and on Main Street, makes it all the more important to recognize those financial institutions that are strong and stable,” remarks Karen L. Dorway, president of BAUERFINANCIAL. “The institutions that played by the rules and did not compromise their lending standards are the same institutions that stand ready to help build the economy back up. Georgetown Savings Bank is an excellent example of this community spirit.” Established in 1868, Georgetown Savings Bank has been serving the banking needs of its neighbors and friends for 142 years. It operates through three conveniently located offices in Georgetown, North Andover and Rowley and can be found on the internet at www.georgetownsb.com. Georgetown Savings Bank: “Committed to making a positive difference in the communities we serve.” 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 pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com. Contacts BAUERFINANCIAL, Inc. 1-800-388-6686 www.bauerfinancial.com customerservice@bauerfinancial.com or Georgetown Savings Bank Robert E. Balletto, 978-352-8600 President www.georgetownsb.com rballetto@georgetownsb.com Permalink: http://eon.businesswire.com/news/eon/20100422006900/en
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