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For Immediate Release July 17, 2008 Bauer Financial Inc., the nation’s leading independent bank rating and research firm, announced that Bonneville Bank of Provo has earned another five-star superior rating, which marks the 54th consecutive quarter the bank has achieved such honors. In addition, Bonneville Bank recently celebrated its 30th birthday. “We have been awarded the five-star rating for over ten years,” Doug Christensen, president of Bonneville Bank, said. “Because only 15 percent of the banks in the United States have received this achievement they have named us an “Exceptional Performance Bank.”” The rating recognizes banks based on an evaluation of the most recent financial data filed by the bank with federal regulators. “The five-star rating is based on the overall financial picture of the bank and indicates that Bonneville Bank is one of the strongest banks in the nation,” Karen L. Dorway, president of Bauer Financial in Coral Gables, Florida, said. “Times are changing and fewer banks are qualifying for this top rating.” The Bank has operated out of one office since 1978, at 1675 North 200 West in Provo. For more information call 374-9505 or visit www.bonnevillebank.com. |
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