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BauerFinancial, Inc. recently ranked Westsound Bank as a five star bank, bestowing its superior rating. The five-star rating is the highest rating awarded by the firm, which is recognized as the premier financial institution ranking organization in the nation. This is the eighth consecutive quarter Westsound Bank, which just finished its sixth year of operation, has achieved the five-star rating.
The BauerFinancial Inc. rating system is utilized by depositors and investors to assess the financial strength of institutions. Measurement areas assessed include, but are not limited to, profitability, liquidity, capital and loan portfolio quality.
Bremerton-based Westsound Bank currently has branch locations in Bremerton, Port Angeles, Port Orchard and Silverdale. New branches are planned for Gig Harbor, Poulsbo and Sequim. |