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 bank rating firm.
"Community banks, like North Central Bank, that have been able to earn and maintain Bauer's top rating for strength and security reflect that deep-rooted sense of loyalty to the community," said Karen L. Dorway, president of the rating firm.
North Central Bank's latest five-star rating is based on March 31 financial data and signifies that it is one of the strongest banks in the nation. Earning the firm’s highest five-star rating for 25 straight years puts North Central Bank in the firm's top category as a "Best of Bauer Bank. Only 3 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.