South Central Bank, N.A. Earns 5-Star “Superior” Rating from BauerFinancial, Inc.

  • by South Central Bank
  • Jun 21, 2017, 12:54 PM
CHICAGO, June 13, 2017 — South Central Bank, N.A. has been recognized as a 5-Star “Superior” financial institution by BauerFinancial, Inc., the nation’s leading bank and credit union rating and research firm.

To earn the 5-Star rating, South Central Bank needed to report impressive capital levels, a strong loan portfolio, profitability and more. This rating puts South Central Bank in an elite category of 4- and 5-Star financial institutions included in BauerFinancial’s Recommended Report.

BauerFinancial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can any choose to be excluded. Consumers may view detailed star rating reports for South Central Bank or any other financial institution by visiting bauerfinancial.com.

BauerFinancial employs a complex and especially rigorous scoring regimen, and financial institutions must maintain the highest level of performance to earn a prestigious commendation. In a complex environment like the metropolitan area of Chicago, there are only a limited number of financial institutions, large or small, which make the “recommended” list.

About South Central Bank, N.A.:
South Central Bank, National Association is a community bank with a national banking charter, with five locations in the near south and near west sides of Chicago. The Bank was established in 1965 as a state chartered institution, and became a nationally chartered Bank in 2003. Since its inception, South Central Bank has been highly capitalized as defined by regulators, and meets all standards of the Community Reinvestment Act.