Bauer 5 Start Award

5-Star Garrett State Bank
Supports Its Community with Strength & Stability

June 2024: Garrett State Bank, Garrett, Indiana has earned another top (5-Star) rating from BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm. This marks the 65th consecutive quarter that Garrett State Bank has earned this top rating earning it an even higher designation as an “Exceptional Performance Bank”! Bauer congratulates Garrett State Bank on its achievement. To earn a 5-Star rating, the bank must excel under a rigorous, independent analysis of its financial condition. Garrett State Bank is well positioned to continue to support its community as we navigate through our ever-changing circumstances. The Exceptional Performance Designation is for those banks that have earned 5-Stars for ten straight years or longer.

“The bankers at Garrett State Bank know their customers, whether business or consumer, and are ready to help them overcome the financial hurdles of life, even amidst a pandemic”, asserts Karen Dorway, president of BauerFinancial. “And Garrett State Bank’s financial strength gives them the resources to do it – for the benefit of the whole community.” 

Established in 1893, Garrett State Bank has been a source of strength and stability for the community for 129 years. No matter what circumstances we are facing, you can always rely on Garrett State Bank’s dedicated team. Whether at the branch, by phone or online at, they are at your service.