Pentucket Bank Earns 5-Star Rating
Pentucket Bank is pleased to announce that it has once again earned a coveted 5-star rating from BauerFinancial, the nation’s premier bank rating firm. With over 25 continuous years of maintaining Bauer’s highest rating, Pentucket Bank has also been designated as a “Best of Bauer” bank. The bank’s consistent 5-star rating recognizes Pentucket Bank’s commitment to excelling in areas of capital adequacy, profitability, asset quality and much more.
“Pentucket Bank is an integral member of the community,” commented Karen L. Dorway, current president of BauerFinancial. “Its support provides the vitality the community needs to remain socially, educationally, and commercially vibrant. A strong community, in turn, produces a strong community bank. And the cycle continues. True community banks, like Pentucket Bank, understand that what is good for the community is equally good for them, making them an invaluable neighbor.”
Established in 1891, Pentucket Bank is a mutually-owned community bank with assets of $670 million and branches in Haverhill and North Andover, Massachusetts and Salem and Hampstead, New Hampshire. Pentucket Bank has been recognized by Forbes Magazine as one of three New England based community banks that are making a difference, by Banking New England Magazine as a bank that is committed to revitalizing the communities that it serves, and is a five time recipient of The Boston Globe’s Top Places to Work. Pentucket Bank is the leading bank in Haverhill, one of the fastest growing banks in New Hampshire and North Andover, and a Top Lender recognized by the Small Business Administration.