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Bedford bank gets 5-star rating

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Bedford Loan and Deposit Bank, is proud to be recognized as a 5-star superior bank by the nation’s leading bank rating and research firm,  BauerFinancial, Inc.

A 5-star rating indicates that Bedford Loan & Deposit Bank is one of the strongest banks in the nation. Among other factors, to earn this rating, Bedford Loan & Deposit Bank must not only report impressive capital levels, but also an enviable loan portfolio with negligible levels of delinquent loans. The fact that Bedford Loan & Deposit Bank has earned this 5-Star Superior rating for the last 80 consecutive quarters puts it in an even more elite group of “Sustained Superiority Banks.” Only seven percent of the nation’s banks can claim this distinction.

Karen L. Dorway, president of BauerFinancial, would like to congratulate the entire team at Bedford Loan & Deposit Bank. “Under the leadership of Mr. John N. Manning, President & CEO, Bedford Loan & Deposit Bank is one of the U.S. banks that evokes an image of a brighter banking future for our communities. That’s good news regardless of your age and income bracket.”

Bedford Loan & Deposit Bank was established in 1891 and has proudly been serving its local communities ever since. It operates through conveniently located offices in Bedford, LaGrange and Pendleton and can be found on the internet at www.bedfordbank.com.

BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.