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 Thursday, July 02, 2009
Jewett City Savings Bank, Jewett City, Connecticut takes great pride in receiving a 5-Star Superior rating for financial strength and stability from BAUERFINANCIAL, Inc., Coral Gables, Florida.  5-Stars is the highest rating attainable from BAUERFINANCIAL (the Nation’s Bank Rating Firm for over a quarter of a century) and is based on the overall financial picture of the institution.

Earning a 5-Star rating indicates that Jewett City Savings Bank is one of the strongest banks in the nation. In fact, this is the 68th consecutive quarter that Jewett City Savings Bank has earned this highest honor. Only 7% of the nation’s banks can claim this distinction.  

Given that, it is not surprising that Karen L. Dorway, president of BAUERFINANCIAL, has high praise for Jewett City Savings Bank. “Jewett City Savings Bank has avoided the lending and underwriting problems that have plagued much of the banking industry. It is clear that the staff of Jewett City Savings Bank, under the direction of Mr. Kevin Merchant, CEO, remains diligent in adhering to sound banking principles and standards.”

Established in 1873, Jewett City Savings Bank has been serving the banking needs of its neighbors and friends for 136 years. It currently operates through five conveniently located offices in Brooklyn, Central Village, Dayville, Jewett City and Preston and can be found on the internet at www.jcsbank.com.

Jewett City Savings Bank: “Your 5-Star Community Bank.”

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 for its rating, nor can it be eluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.

© Copyright 2010 , Jewett City Savings Bank
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