VERSAILLES — BauerFinancial, Inc., the nation’s premier bank rating firm, recently announced that Versailles Savings & Loan in Versailles has earned its highest, 5-star rating for 142 consecutive quarters.
Having maintained its financial strength and stability for over a quarter of a century, Versailles Savings & Loan has also earned a “Best of Bauer Bank” distinction. This designation is reserved solely for those banks that have earned and maintained Bauer’s 5-star rating for 25 years (100 consecutive quarters), or longer. This latest rating was assigned in December 2023 based on Sept. 30, 2023, financial data and signifies that Versailles Savings & Loan continues to be one of the strongest banks in the nation.
“Bauer rates banks based on their overall financial condition and has been doing so for over 40 years,” said Karen Dorway, president of the rating firm. “Bauer does not rate based on how much a bank gives back to its community, but sometimes I wish we could. The employees of community banks, like Versailles Savings & Loan, feel a responsibility to help their community grow and thrive. It gives me great pleasure to acknowledge that a bank that measures its success by the success of its neighbors and friends, does so from such a solid financial foundation.”
Since its inception in 1887, Versailles Savings & Loan has been an enthusiastic supporter of the people and organizations in the communities it serves, which is also where its employees live, work and play. A dedicated banking partner and so much more. Supporting the community is what it does, and what it has done for 137 years. This community-focused bank wouldn’t have it any other way.
