ANB Bank has once again earned the highest ratings from two national bank rating firms.
ANB Bank qualified as a Blue Ribbon Bank in an evaluation by Veribanc for the third quarter of 2017. In addition,
ANB Bank was recognized as a 5-Star Superior Rated Bank from BauerFinancial.
“We are pleased to continually be recognized by outside financial analysts for our strong financial condition,” said Koger Propst, president and chief executive officer of ANB Bank and Sturm Financial Group. “As an independent community bank, receiving these designations reinforces the commitment we make every day to our customers, shareholders and the communities we serve to maintain our financial strength.”
ANB Bank has earned the Blue Ribbon award for 22 consecutive quarters. Veribanc, an independent bank rating firm, uses an eight-level rating system that takes into account financial strength and safety.
BauerFinancial, another bank rating firm, rates banks and credit unions on a five-point scale. A 5-Star rating is the highest and indicates an institution is financially sound and operates above regulatory capital requirements.
A member of the Sturm Financial Group based in Denver, ANB Bank operates a total of 30 locations across Colorado, Wyoming and Kansas and has more than $2.6 billion in assets, ranking in the top 6 percent of banks nationwide by size. ANB Bank operates four locations in the Grand Valley.
For additional information about the bank, visit the website at www.ANBbank.com.