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Norway Savings Bank earns five-star rating
NORWAY — BauerFinancial, Inc., the nation’s leading bank rating and research firm, is honored to recognize Norway Savings Bank, Norway, with its highest 5-Star rating. To earn this Superior 5-Star rating, Norway Savings Bank excels in areas of capital, asset quality, profitability and much more.
What’s more, Norway Savings Bank has earned this highest rating for the latest 92 consecutive quarters which qualifies it for the even more elite group of “Sustained Superiority Banks.” Only 5% of the nation’s banks can claim this distinction.
Karen L. Dorway, president of the rating firm, has a rare vantage point, having monitored the industry for more than two decades. “It isn’t surprising to those of us who watch the industry that ‘plain vanilla’ banks, those that didn’t get into risky investments or lending, are the banks that are still standing strong today. Norway Savings Bank has stayed true to its purpose of serving its community in a prudent and responsible manner.”
Established in 1866, Norway Savings Bank has been serving the banking needs of its local communities for 146 years. It operates through more than 20 conveniently located branch offices throughout western and southern Maine and can also be found on the internet at www.norwaysavingsbank.com. Norway Savings Bank is a member of the FDIC and an Equal Housing Lender.
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