Local Bank Earns Highest Rating for Safety and Soundness
April 2008: BAUERFINANCIAL, Inc. of Coral Gables, FL, the nation's leading independent bank rating and research firm, is proud to announce that Kaiser Federal Bank, Covina, California has once again achieved its highest 5-Star rating. The 5-Star rating is based on the overall financial picture of the bank and indicates that Kaiser Federal Bank is one of the strongest banks in the nation. This quarter represents the 61st consecutive time that Kaiser Federal Bank has earned this highest honor. Institutions like Kaiser Federal Bank, that have achieved a 5-Star rating for ten years or longer, have yet another distinction: "Exceptional Performance Bank". Only 15% of the nation's banks are branded as such.
"The times are changing and fewer banks are qualifying for this top rating, but our rigorous standards remain," boasts Karen L. Dorway, president of BAUERFINANCIAL. "You should be proud to know your local bank, Kaiser Federal Bank, can claim this highest honor and be confident to call it your bank."
Kaiser Federal Bank was established in 1953 and has been steadfastly serving the financial needs of its neighbors and friends for 55 years. It operates through 9 conveniently located offices and can be found on the internet at www.kaiserfederal.com.
Kaiser Federal Bank: "For Your Financial Health"
BAUERFINANCIAL, INC., Coral Gables, Florida, the nation's leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can they elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com. |