(AMESBURY, MA) — The Provident Bank has once again earned the highest 5-Star Rating for positive performance from BauerFinancial, Inc., the nation’s bank rating firm. The quarterly ratings were announced on December 5, 2013, and are based on September 30, 2013, financial data.
BauerFinancial provides third party, unbiased, independent bank and credit union star-ratings to help consumers select financial institutions with confidence. Using quarterly financial reports filed with federal regulators, it thoroughly analyzes and compares all U.S. bank and credit union current and historical performance data. Upon completion of the analysis, a star-rating is assigned based on a scale of zero to five stars, with five stars being the strongest. Since 1983, BauerFinancial has been analyzing and reporting on the financial condition of the nation’s banking industry, providing the public with the knowledge they need to make informed decisions regarding their banking relationships.
Established in 1828, The Provident Bank is an independent, mutually-owned, full-service community bank with a focus in commercial lending and business services with offices in Amesbury and Newburyport, Massachusetts and Exeter, Hampton, Portsmouth and Seabrook, New Hampshire. Additional lending offices are in Bedford and Nashua, New Hampshire. The Bank is dedicated to the goal of being the highest-performing bank, providing excellence in service to our customers, our communities and our employees. All deposits are insured in full through a combination of insurance provided by the Federal Deposit Insurance Corporation (FDIC) and the Depositors Insurance Fund (DIF). For more information, please visit TheProvidentBank.com.