Rockford Sun

Stateline Chamber of Commerce issued the following announcement on Dec. 14.

BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, announces that First National Bank and Trust (FNBT), Beloit, Wisconsin has been awarded its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and much more. FNBT has overcome every challenge that has been thrown its way over the past year. In fact, the bank has earned and maintained Bauer’s recommendation (5-Stars or 4-Stars) for 76 consecutive quarters.

“This rating is impressive in the best of times,” notes Karen Dorway, president of the research firm. “But I can’t overstate the strength and prudence that First National Bank and Trust has exhibited over the past years that got it to this point. And as we begin 2021, we have every reason to believe that First National Bank and Trust will continue to thrive.”

First National Bank and Trust was established in 1882 and has been a boon for the communities it serves ever since. Whether at one of its conveniently located offices throughout Northern Illinois and Southern Wisconsin, on your phone, or online at bankatfirstnational.com, 5-Star rated First National Bank and Trust is ready, willing and able to serve its community family, neighbors and friends.

BauerFinancial, Inc., Coral Gables, Florida, is the nation’s leading independent bank and credit union rating and research firm. Bank and Credit Union data is compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.

Original source can be found here.