Bank of Asheville, a subsidiary of Weststar Financial Services Corporation (OTC Bulletin Board: WFSC), is proud to announce that it has once again earned a 5-Star rating according to BauerFinancial, Inc., the nation's leading independent bank rating firm, announced G. Gordon Greenwood, President & CEO.
"We are all aware of the problems in the banking industry today," says Karen L. Dorway, President of BauerFinancial. "Consumers need to know there are still well-run banks, like Bank of Asheville, that continue to shine even when times are tough. Bank of Asheville puts safety and soundness ahead of all else, making it an ideal place to put your deposits."
"All of us at Bank of Asheville are honored to be recognized by BauerFinancial with its highest rating. This recognition reflects the commitment of the bank's directors, officers and associates in our continuing efforts to build a solid financial foundation for Bank of Asheville. By achieving this rating, there can be no dispute that Bank of Asheville is ranked as one of the safest banks in the country," stated Greenwood.
Under BauerFinancial's rating system, five stars denote the absolute highest level of banking performance and is the firm's highest rating. The award is based upon an analysis of current financial data as supplied by federal banking regulators, supplemented by historical operating data of Bank of Asheville.
"With more than a decade of serving friends, neighbors and local businesses in Asheville and Buncombe County, the 5-Star rating personifies our commitment to the safety and soundness that compliments our strong financial performance, growth and expanded market presence," stated Greenwood. -- Bank of Asheville
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