HENNEPIN — North Central Bank in Hennepin has once again earned a five-star superior rating from BauerFinancial Inc. of Coral Gables, Fla., the nation’s leading bank rating and research firm.
A five-star rating signifies North Central Bank is one of the strongest banks in the nation.
"Since 1983, BauerFinancial has been rating the nation's financial institutions," said Karen L. Dorway, president of the rating firm. "In all that time, one thing has remained constant: Top performing institutions maintain strong policies, prudent underwriting and responsible investment. North Central Bank is a bank you can put your trust in."
This is the 97th consecutive quarter North Central Bank has merited this highest honor. Earning the firm’s highest five-star rating for a decade or longer puts North Central Bank in an elite group of banks called sustained superiority banks. Only 93 percent of the nation’s banks can claim that distinction.
North Central Bank, established in 1946, has offices located in Hennepin and Ladd. It can also be found on the Internet at www.ncb-ebanc.com.