1st National Bank of South Florida a community
bank, based in Homestead, announced that
once again, it has been awarded a five-star
superior rating, for the last quarter of
2004, from Bauer Financial, Inc. The Bank
has received this five-star, superior rating
consistently for over 11 years or 45 consecutive
quarters. Institutions that receive this
rating are on the Bauer Financial Recommended
Bank & Thrift Report. They are rated
as being profitable, safe, financially sound,
and operating well above their regulatory
capital requirements.
 “I
could not be more pleased with this superior
rating,” said William H. Losner, President
of 1st National Bank of South Florida, “To
receive this rating again, is a testament
to all our officers, employees and staff.
Their efforts have contributed to a level
of excellence that allows the bank to constantly
receive this honor.”
Bauer Financial, Inc., established in 1983,
analyzes and reports on the financial condition
of the nation’s banks and credit unions.
The five-star rating system, which Bauer
introduced in 1988, is nationally recognized
as “the bank rating system.” Banks and Credit
Unions do not pay for this service, nor
do they have the option of avoiding it.
All banks and credit unions are rated, without
prejudice. For more information, visit Bauer
Financial on the web at: www.bauerfinancial.com.
1st National Bank of South Florida, chartered
in 1932, is the second oldest bank in Miami-Dade
County. 1st National Bank is a full service,
community oriented, Florida bank, doing
business in Miami-Dade County and the Florida
Keys. 1st National Bank is based in Homestead,
with branches in Kendale Lakes, Palmetto
Bay, Princeton, Biscayne East and a loan
office located in Islamorada. 1st National
Bank has a new branch office being built
in Palmetto Bay. Another new branch office
will be located on Campbell Drive, in Homestead,
east of the Florida Turnpike. The site is
directly across the street from the new
Homestead Hospital, currently under construction.
For more information about 1st National
Bank, visit: www.1stbanking.com. |
