BauerFinancial, Inc., Coral Gables, Florida, the nation's bank rating firm, commends Richland State Bank for proving once again that it is a steadfast and invaluable partner to the communities it serves.
The FDIC touts the benefits of community banks, saying they are "important providers of credit to small businesses and serve hudnreds of counties and thousands of communities that are overlooked by larger noncommunity institutions." (FDIC Quarterly 2014, Volume 8, No. 2.) "Community banks, like Richland State Bank, that have been able to earn and maintain Bauer's top rating for strength and security reflect that deep-rooted sense of loyalty to the local community," said Karen L. Dorway, president of BauerFinancial.