BELOIT – First National Bank and Trust (FNBT) is proud to announce that it has once again secured the highest 5-Star rating from BauerFinancial, a bank rating firm out of Coral Gables, Florida. (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) In fact, FNBT has earned and maintained Bauer’s Recommended Rating (5-Stars or 4-Stars) for the last 66 consecutive quarters.
Like Bauer, regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values since they serve a smaller, more defined market area.” – Federal Register, April 9, 2018. “It makes perfect sense; local people who know the area are making local decisions based on that knowledge”, agrees Karen L. Dorway, president of BauerFinancial. “Community banks, like First National Bank and Trust, are banking on a better future together with their community.”
First National Bank and Trust has been investing in the future of its communities for 136 years. Today it operates 16 conveniently located offices, including locations in Beloit, Roscoe, Janesville, Monroe, Walworth and the Stateline area.