March 29, 2016
March 29, 2016
For more information:
Scott Bird
Moxley Carmichael
865-544-0088
[email protected]
Bank celebrates 24 years of highest ranking by BauerFinancial
In March 2016, Home Federal Bank earned its 96th consecutive quarterly Five Star rating from independent authority BauerFinancial.
For the 96th consecutive quarter, Home Federal Bank has earned the BauerFinancial Five-Star stability rating, the highest possible rating. This 5-star rating is shared by fewer than 10 percent of the country’s banks.
“We’re proud to offer stability, security and a full range of banking services to East Tennessee families and businesses,” Home Federal Bank Chairman and CEO Dale Keasling said. “The BauerFinancial 5-Star Superior rating is an indicator to our customers that their bank is strong and stable.”
BauerFinancial, an independent rating agency, has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Each quarter, the private rating firm collects data provided to federal regulators on banks and financial institutions and ranks them based on specific criteria centered on safety and soundness.
Consumers can check the strength of their bank, thrift or credit union at http://www.bauerfinancial.com.
About Home Federal Bank of Tennessee
Founded in 1924, Home Federal Bank of Tennessee is a locally owned, full-service bank serving East Tennesseans through 23 offices in Knox, Anderson, Blount and Sevier counties. Every quarter since 1991, the bank has earned a 5-Star Superior rating – the highest possible – by independent authority BauerFinancial. For more information, visit http://www.homefederalbanktn.com.
