On September 30, 2020, BauerFinancial, Inc. announced that it continued to assign its top, “Five Stars – Superior” rating to Waterford Bank, N.A. The Bank has had achieved this rating every quarter since it was first awarded in June of 2010.
BauerFinancial, which is based in Florida, has been rating and reporting on the financial condition of the nation’s banking system since 1983. Using the quarterly financial reports that all banks must file with federal regulators, BauerFinancial analyzes each bank’s numbers and assigns a star-rating based on a scale of zero to five stars, with five being the strongest.
Commenting on the continuation of the rating, Michael Miller, Waterford Bank’s Chairman & CEO, said “We are very pleased that we continue to receive Bauer’s ‘Superior’ designation. We feel it recognizes our solid business plan based on local decision-making and a knowledgeable staff committed to excellent service.”
Waterford offers the unique and powerful combination of big-bank expertise with a local, community-bank touch. The Bank strives to provide all customers – individuals or businesses – with a banking relationship that exceeds expectations and anticipates their needs. The Bank’s Headquarters is located at 3900 North McCord Rd. in Toledo, Ohio. The Bank also has full-service offices at 231 Louisiana Avenue in Perrysburg, Ohio, 5800 S Main. St. in Clarkston, Michigan, and 5600 New King Dr. in Troy, Michigan. The Bank has two Loan Production Offices located at 128 W High Street in Bryan, Ohio and 209 S. Main St. in Findlay, Ohio.