Fayette Savings Bank SSB has once again earned its Top (5-Star) Rating for financial strength and stability. Having earned Bauer’s 5-Star rating for 40 (or more) consecutive quarters, Fayette Savings Bank has earned an even higher designation as an “Exceptional Performance Bank”. This marks Fayette Savings Bank’s 67th consecutive 5-Star rating.
Bauer rates every federally-insured U.S. chartered bank with the same strict standards, and is pleased to report that Fayette Savings Bank continues to outperform its peers. What does it mean when we say, “like having a friend in the banking business?”, muses Karen Dorway, president of BauerFinancial. “It means loyalty and dedication. It’s a connection, one that you can rarely find in a big bank. But at Fayette Savings Bank, it comes naturally. Not to mention”, she continues, “a local bank means local decisions, made by people just like you.”
Fayette Savings Bank has been a dedicated banking partner for the community for 47 years. Making connections and supporting this community has been its hallmark since its inception. Being rated 5-Stars by Bauer, the best, most trusted and most convenient place to go for a validated, statistical review of your bank’s financial strength, is the fruit of its labor.
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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