Press release submitted by Rollstone Bank & Trust
Rollstone Bank & Trust, Fitchburg, Massachusetts has once again been awarded the highest (5-Star) rating for financial strength and stability from the Nation’s Premier Bank Rating Firm, BauerFinancial, Inc. This distinction is reserved solely for institutions that have earned Bauer’s 5-Star rating consistently for 25 consecutive years, or longer.
In order to earn the 5-Star rating, Rollstone Bank & Trust underwent a rigorous, independent analysis of its financial condition and came out on top! Rollstone Bank & Trust has the strength to support its community as it consistently excels in areas such as capital strength, profitability, asset quality, and much more. This is the 106th consecutive quarter that Rollstone Bank & Trust has earned this top rating earning it an even higher designation as a “Best of Bauer Bank”.
Martin F. Connors, Jr., President & CEO of Rollstone Bank & Trust
“One thing that has been made clear in the past year and a half is that a bank is neither a building nor technology. While both are good and necessary, it’s the people behind the walls and technology that make a bank what it is. They are also what has made Rollstone Bank & Trust such an invaluable resource for the community. Rollstone Bank & Trust’s employees have shown tremendous dedication and commitment to both customers and the community”, notes Karen Dorway, president of BauerFinancial. “Community banks, like Rollstone Bank & Trust, help their neighbors through the good times and the bad. And Rollstone Bank & Trust’s employees have done an admirable job, maintaining an unblemished balance sheet all the while.”
Rollstone Bank & Trust was established in 1846 and has been a source of strength for neighbors and friends throughout the community for 175 years. Dedicated employees are at your service and ready to lend a hand. Find them at the branch, by phone or online at rollstonebank.com.
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.