SPRING VALLEY — The Spring Valley City Bank has achieved a five-star rating from BauerFinancial of Coral Gables, Fla. This rating, based on Sept. 30, 2013, financial data, indicates that the Spring Valley City Bank is one of the strongest banks in the nation.
The Spring Valley City Bank has achieved this five-star rating for 87 consecutive quarters, earning the bank a designation as a “sustained superiority bank,” which only 7 percent of the nation’s banks have earned Bauer’s top rating for so long.
“While banks may look alike on the surface, community banks like Spring Valley City Bank, are community partners,” notes Karen L. Dorway, president of the rating firm. “By keeping deposits local and focusing on the success of the communities in which it does business, Spring Valley City Bank has thrived where other banks have faltered.”
Spring Valley City Bank is located on North Cornelia Street in Spring Valley. The bank’s website address is www.svcb.com.