BauerFinancial, Inc., the nation’s premier bank rating firm, has once again awarded its highest 5-Star Rating for financial strength and stability to The Marblehead Bank in Marblehead.
The 5-Star Rating was given to The Marblehead Bank for excellence in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top rating for 116 consecutive quarters, noted BauerFinancial, makes its status indisputable as one of the strongest banks in the nation.
The Marblehead Bank’s “Best of Bauer Bank” designation is reserved specifically for banks that have earned Bauer’s highest rating consistently
for 25 consecutive years or more.
“The Marblehead Bank’s ability to earn and maintain this top rating for over a quarter of a century, especially in a time when so many other banks were faltering, is a true testament to its values and dedication,” said Karen
Dorway, president of BauerFinancial. “Through an unwavering commitment to its customers and personal relationships, The Marblehead Bank has distinguished itself and is deserving of being the “Best of Bauer.”
Established in 1907, The Marblehead Bank has been building relationships and providing personalized solutions for its customers for 111 years. Today it operates through a conveniently located office on West Main Street in
Marblehead and can also be found online at marbleheadbank.com