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Media Release
Through Increasingly Difficult Environment,
Torrington Savings Bank Boasts Top Safety
Rating -
August 2008:
Torrington Savings Bank, Torrington, Connecticut
stands strong in the current environment while
many financial institutions are faltering.
You don’t have to take their word for it,
though; Torrington Savings Bank has earned
a 5-Star Superior rating from BauerFinancial,
Inc. of Coral Gables, FL, the nation’s leading
independent bank rating and research firm.
The 5-Star rating is based on the overall
financial picture of the bank and indicates
that Torrington Savings Bank is one of the
strongest banks in the nation. What’s more,
this represents the 74th consecutive quarter
that Torrington Savings Bank has earned this
highest honor giving it the added distinction
of being an “Exceptional Performance Bank”.
Only institutions that have achieved this
highest 5-Star rating for ten years or longer
can claim this distinction.
“In a climate
where it is increasingly difficult to shine,
Torrington Savings Bank proves it can be done,”
remarks Karen L. Dorway, president of the
research firm. “In fact, local residents should
be proud that their community bank is one
of the elite financial institutions in the
nation. They can be rest assured that their deposits
are well-placed in this 5-Star bank.”
Established
in 1868, Torrington Savings Bank has been
pleased to fulfill the financial needs of
its neighbors and friends for 140 years. It
currently operates through six conveniently
located offices in Burlington, Falls Village,
Goshen and Torrington and can also be found
on the internet at www.torringtonsavings.com.
Torrington Savings Bank
"Real Hometown Banking"
BauerFinancial, Inc., Coral Gables, Florida,
the nation’s leading independent bank 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 they elude it. Consumers
may obtain star-ratings by visiting www.bauerfinancial.com.
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For more information on Torrington Savings
Bank, or any other U.S. bank or credit union,
contact Karen Dorway directly at 800.388.6686
or e-mail her at kdorway@bauerfinancial.com.
BauerFinancial, Inc. 2655 LeJeune Road, Penthouse
One, Coral Gables, FL 33134.
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