Fayette Savings Bank proudly acknowledges that it has, once again, received a 5-Star Superior rating from BauerFinancial, the Nation’s Premier Bank Rating Firm. A 5-Star Superior rating indicates that Fayette Savings Bank is one of the strongest banks in the nation, excelling in areas of capital, loan quality, profitability and more. This marks the 75th consecutive quarter that Fayette Savings Bank has earned this top rating, which secures it an even more elite status as an “Exceptional Performance Bank”, an honor reserved solely for banks that have maintained a 5-Star rating for 10 years (40 consecutive quarters) or longer.
“A lot of things are changing”, reflects Karen L. Dorway, president of BauerFinancial. “Rules and regulations are being retooled, technology is advancing at lightning speed, and it’s easy to feel like you’re getting lost in the fray,” she continues. “People don’t want to feel like that at their bank. When they walk into a branch, they want to feel confident that their deposits are safe, that all rules are being followed, and that their banker understands their specific needs. That’s why it’s so important to have 5-Star rated (Superior) banks, like Fayette Savings Bank, in our communities. We can be confident that they have our hard-earned deposits properly secured.”
Fayette Savings Bank was established in 1978 and has been meeting the specific needs of the people in the communities it serves for 47 years. You can be proud to call Fayette Savings Bank your bank.
Fayette County Savings & Loan Association was organized in October of 1976. By March of 1977, all of the necessary stock was sold and Fayette County Savings & Loan Association was chartered on December 31, 1977. Insurance of accounts was obtained on August 28, 1978, and Fayette County Savings & Loan Association opened for business on October 2, 1978. On July 21,1998, the charter was changed to a State Savings Bank and our name was changed to Fayette Savings Bank, ssb.
The purpose of Fayette Savings Bank is to have and provide a locally owned and operated financial institution. Fayette Savings Bank has made a commitment to the communities it serves to offer a wide range of services with long range goals in mind. Fayette Savings Bank is committed to providing a sound, diversified, long-term, profitable organization for its stockholders, customers, and the communities it serves.
Fayette Savings Bank is not a mortgage banker; we feel that if a loan is worth making, it is worth keeping. We give our customers an option of whether they would prefer an “in-house” loan or a secondary market loan. We offer a wide range of complete financial services to help customers with all of their financial needs.
The philosophy of Fayette Savings Bank is to provide the highest quality of banking services, with special emphasis being placed on prompt, friendly, and accurate services. Fayette Savings Bank strives to serve its customers and provide services in the most efficient and prompt manner possible. Fayette Savings Bank continues to maintain the status of a respected financial institution in the communities it serves and is committed to being a positive force in the area and to its customers.
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