SPRING VALLEY — Spring Valley City Bank has achieved another five-star superior rating from Bauer Financial Inc., the nation’s premier bank rating firm.
Not only has Spring Valley City Bank earned Bauer’s highest rating for financial strength and stability, it has maintained that top rating for 111 consecutive quarters, giving it the added status of being a “Best of Bauer Bank.”
“While other banks are trying to win back the confidence and trust of their customers, community banks, like Spring Valley City Bank, never lost it,” said Karen Dorway, president of BauerFinancial.
“In fact,” she continued, “a recent Federal Reserve survey found that while fewer than half of Big Bank customers were satisfied with their overall banking experience, the vast majority of community bank customers are satisfied. And, local businesses dealing with community banks not only reported the most satisfaction, but also the most success. Those findings didn’t surprise us. Community banks, Spring Valley City Bank included, are local small businesses themselves, so they have a definite leg up on outsiders.”
Spring Valley City Bank was established in 1905 and has been serving its neighbors and friends both ethically and fairly for 114 years. Today, Spring Valley City Bank operates through its offices in Peru and Spring Valley and can be found online at www.svcb.com.