News & Announcements

July 2, 2010

HCB Earns Highest 5-Star Superior Safety Rating!

5-Star Hastings City Bank Soars Above the Competition

 

Media Release

CONTACT: BAUERFINANCIAL, Inc.
TEL: 1.800.388.6686
FAX: 1.800.230.9569
http://www.bauerfinancial.com
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FOR IMMEDIATE RELEASE:

To the Editor:

5-Star Hastings City Bank Soars Above the Competition


June 2010:  It is with great pride that BAUERFINANCIAL, Inc., Coral Gables, Florida, announces that Hastings City Bank, Hastings, Michigan has earned its highest 5-Star Superior rating for strength and stability. The past few years have been extremely difficult for the banking industry and the fact that Hastings City Bank continues to excel in such areas as capital adequacy, delinquent loan levels and profitability, clearly indicates it is one of the strongest banks in the country. 

“With a full ten percent of the nation’s banks now on the FDIC’s “problem” list and even more on ours,” notes Karen L. Dorway, president of BAUERFINANCIAL, “the fact that Hastings City Bank continues to not just withstand the pressures, but even excel in this environment, indicates its management is doing things right. Bauer’s stringent 5-Star requirements haven’t changed, but the climate definitely has and the fact that Hastings City Bank has earned this prestigious rating sets it well above the competition.”

Hastings City Bank was established in 1886 and has been serving the banking needs of its neighbors and friends for 124 years. It currently operates through six conveniently located offices in Bellevue, Caledonia, Hastings, Middleville, Nashville and Wayland and can also be found on the internet at http://www.hastingscitybank.com.

Hastings City Bank: “We’re committed to providing and maintaining the personal, hometown service that has been our hallmark since 1886.”

BAUERFINANCIAL, INC., 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.

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BAUERFINANCIAL, INC. P.O. Box 143520, Coral Gables, FL 33114


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