Rockville Bank; The Lifeblood of The Community - 23rd Consecutive Quarter of 5-Star Superior Rating for Bank
Rockville Bank, Rockville, Conn. has been recognized as a 5-Star Superior Bank by BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s bank rating firm. In earning this highest 5-Star rating for strength and stability, Rockville Bank President and CEO William J. McGurk and the entire team have proven their commitment to their customers.
To earn Bauer’s 5-Star Superior rating, Rockville Bank must excel in areas of capital adequacy, delinquent loan levels and profitability to name just a few. In fact, it has done so for 23 consecutive quarters.
Rockville Bank recently announced William H. Crawford will succeed William J. McGurk as President and CEO of Rockville Bank when McGurk retires at the end of April. McGurk will continue to serve as a member of Rockville Bank’s Board of Directors for at least two more years.
Rockville Bank was established in 1858 and has been serving the banking needs of its neighbors and friends for 153 years. It currently operates through 21½ branches conveniently located offices in Hartford, New London and Tolland counties and can also be found on the internet at www.rockvillebank.com.
According to Karen L. Dorway, President of the research firm, "community banks, like Rockville Bank, tend to know their customers, the local business community, when to grant a loan… and when not to grant one. What many people don’t realize is that community banks actually have better balance sheets than their larger counterparts. Their capital ratios and nonperforming asset ratios are typically much more impressive than larger institutions. These are not the banks that threaten our economic well-being. On the contrary, they are the lifeblood of it.”
Rockville Bank: “Connecticut’s Best Community Bank. That’s My BankSM!”
BAUERFINANCIAL, 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 star-ratings by visiting www.bauerfinancial.com.