HomeTown Bank is pleased to announce that it
has received a 5 star rating from both Bankrate.com
and Bauer Financial, two separate bank
rating services, for safety and soundness. These ratings,
based on reported June 30, 2009 numbers, are the highest ratings
achievable. According to both rating
services, HomeTown Bank has strong asset quality, solid loan
loss reserve coverage, good earnings, good liquidity and
strong capital. Additional information and other bank ratings
can be found at the Bauer Financial website, bauerfinancial.com.
HomeTown is a customer-friendly bank that is well-capitalized and
continues to be profitable. Our deposit
accounts are insured by the FDIC up to $250,000. For accounts
exceeding $250,000, HomeTown Bank provides deposits through the
CDARS program. Through this program,
deposits can be insured by FDIC for up to $50 million.
Hometown Bank makes every effort to protect customer deposits.
Please contact a bank representative at any of the eight locations
for additional information, to setup an account, or add to an existing
account. With the location link above, we make it easy to switch
to HomeTown with our switch kits!
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