RSB earns top banking rating
Richland State Bank, Rayville, Louisiana has earned a coveted 5-Star rating from BauerFinancial, the nation’s premier bank rating firm.
A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more. Earning and maintaining this top 5-Star rating for 73 consecutive quarters puts Richland State Bank in an even more prominent position as a “Sustained Superiority Bank.” This designation is reserved for the Top 10 percent, banks that have maintained Bauer’s highest rating longer than 90 percent of the industry and proves once again that Richland State Bank is among the best of the industry.
“By earning Bauer’s highest 5-Star rating, Richland State Bank proves to its customers and the community that it is committed to their needs and to financial discipline,” notes Karen L. Dorway, president of BauerFinancial. “As times change, so do customers ‘ needs. Community banks like Richland State Bank excel at finding ways to meet these ever changing needs while maintaining financial discipline and prudent underwriting.”
Richland State Bank was established in 1902 , and has been providing personal service to its neighbors and friends for the 115 years since. Today it operates through eight conveniently located offices in Rayville, Mangham, Minden, Monroe, West Monroe, Oak Grove and Bastrop and can also be found on the internet at richlandbank.net.