Posted on Monday, August 20, 2012
Bauer Financial is an independent agency that analyzes and assigns a Star-Rating, from 1 “Troubled” to 5 “Superior”, to financial institutions quarterly. Criteria used to determine the BauerFinancial™ Star-Rating include capital ratio, profitability/loss trend, evaluating the level of delinquent loans, chargeoffs and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA), historical data and liquidity.
“Ossian State Bank is the only 5-Star rated bank with an office in Ossian. Our customers and community should be proud of their bank’s “Superior” rating and its continued commitment to serving the local community”, shared David Morrison, President & CEO.