December 2019: Coral Gables, Florida, BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly affirms that Villa Grove State Bank has earned its highest (5-Star) rating for financial strength and stability. Earning a 5-Star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality, and much more, and Villa Grove State Bank has earned and maintained Bauer’s recommendation (4 or 5 Stars) for 121 consecutive quarters.
“Relationship banking is a lot like any other relationship,” notes Karen Dorway, president of BauerFinancial. “Its much easier to maintain confidence and trust than to try and win it back. While a lot of Wall Street banks lost it, Villa Grove State Bank never did. In fact,” she continued, “a recent Federal Reserve survey found that while fewer than half of Big Bank customers are satisfied with their overall banking experience, the vast majority of community bank customers are satisfied. And local businesses dealing with community banks not only reported the most satisfaction, but also, the most success. Those findings didn’t surprise us. Community banks, Villa Grove State Bank included, are local small businesses themselves, so they have a definite leg up on outsiders.”
Villa Grove State Bank has been helping its neighbors and friends since it began in 1919. Today, after 100 years, it continues to provide a superior personal experience through its conveniently located offices on Main Street in Villa Grove and on their website.