5-Star The Savings Bank: a Dependable and Financially Sound Community Bank

January 2014: BAUERFINANCIAL, Coral Gables, Florida congratulates The Savings Bank, Wakefield, Massachusetts on its 5-Star Superior rating. This rating (based on September 30, 2013 financial data) indicates that The Savings Bank is one of the strongest banks in the nation; a dependable and financially sound community bank. Perhaps even more impressive is the fact that The Savings Bank has earned a Bauer’s recommended rating of 5-Stars or 4-Stars for the past 76 consecutive quarters.
“While banks may look alike on the surface, community banks, like The Savings Bank, are community partners”, notes Karen L. Dorway, president of the rating firm. “By keeping deposits local and focusing on the success of the communities in which it does business, The Savings Bank has thrived where other banks have faltered.”
Since its inception in 1869, The Savings Bank has been committed to providing the best of banking to its community. Its nine branch offices are conveniently located in Andover, Lynnfield, Methuen, North Reading and Wakefield. The Savings Bank (www.tsbawake24.com) is a member of the FDIC and an Equal Housing Lender.
The Savings Bank: “Since 1869.”
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 free star-ratings by visiting www.bauerfinancial.com.
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BAUERFINANCIAL, INC. P.O. Box 143520, Coral Gables, FL 33114.