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Garrett State Bank Recognized for Exceptional Performance
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Garrett State Bank Recognized for Exceptional Performance

Indisputably One of the Nation’s Strongest Banks

BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, commends Garrett State Bank, Garrett, Indiana on its achievement of another 5-Star Superior Rating. Not only has Garrett State Bank earned Bauer’s highest (5-Star) rating for financial strength and stability, it has maintained that top rating for 48 consecutive quarters, sailing through one of the most trying economic times of our lifetimes and giving it an added designation of “Exceptional Performance Bank”. This status is reserved for banks that have earned Bauer’s highest rating consistently for at least 10 consecutive years. It also indicates that Garrett State Bank is indisputably one of the strongest banks in the nation. 

“As the president of BauerFinancial, I am often asked what it takes to be a 5-Star bank,” reflects Karen Dorway, president of the research firm. “Like so many other things in life, success in banking boils down to knowledge. Knowledge of banking, of course, but knowledge of its customers and the communities the bank serves are equally important. This intimacy enables the bank to steer clear of danger and work with customers for a common goal. It’s what gets so many community banks, like Garrett State Bank, through the tough times unscathed.”

Garrett State Bank was established in 1893 and has been working side by side with neighbors and friends for 127 years, helping to make the community what it is today. Currently, Garrett State Bank operates through four conveniently located offices in Ashley, Fort Wayne and Garrett and can also be found online at garrettstatebank.com.

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125 Years Anniversary - Garrett State Bank

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Garrett State Bank Recognized for Exceptional Performance

BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, commends Garrett State Bank, Garrett, Indiana on its achievement of another 5-Star Superior Rating. Not only has Garrett State Bank earned Bauer’s highest (5-Star) rating for financial strength and stability, it has maintained that top rating for 48 consecutive quarters, sailing through one of the most trying economic times of our lifetimes and giving it an added designation of “Exceptional Performance Bank”. 

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