Peru Federal Savings Bank Once Again a Top Performer

Peru, Illinois – September 2024: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to acknowledge Peru Federal Savings Bank, Peru, IL, for its continued 5-Star status.  September 2024 marks the 61st consecutive quarter that Peru Federal Savings Bank has earned this distinction, which gives it the added prestige of being an “Exceptional Performance Bank”. Only banks that have earned and maintained this highest 5-Star rating for 10 years (40 consecutive quarters), or longer, may claim this distinction. This latest rating, based on June 30, 2024 financial data, signifies that Peru Federal Savings Bank continues to be one of the strongest banks in the nation.

 

“Bauer rates banks based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Bauer’s approach of taking current financial data along with historical trends has enabled Bauer to anticipate certain events before they unfold. From speculative lending to interest rate pressures and even changes in accounting rules, Bauer has been through it all, and its reputation is second to none. So, when Bauer says Peru Federal Savings Bank has earned its 5-Star rating, you can have confidence that it is one of the strongest banks in the nation. Not only that, as a community bank, Peru Federal Savings Bank’s top priority is you, its customer. It is very satisfying,” Dorway continues, “to see banks that care so much about their communities also being top financial performers.”