First Federal Savings & Loan Association of Port Angeles has earned a 5-star rating from Bauer Financial Inc. The rating is based on a complex formula that factors in a host of relevant data, including but not limited to, capital safety levels, the quality of its loan portfolio, its ability to meet obligations, historic performance, and profitability. The rating is based on an evaluation of recent financial data filed with federal regulators and analyzed by Bauer.

This is the 43rd consecutive time First Federal Savings & Loan, which operates a mortgage lending office in Poulsbo, has achieved the top 5-star rating from the firm which also gives it the distinction of an “Exceptional Performance Bank” The designation is reserved only for those banks able to achieve the highest rating for ten straight years.