January 2023: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, has once again awarded MountainOne Bank, Massachusetts its top (5-Star) rating. “This award is not granted; it is earned,” emphasizes Karen Dorway, president of BauerFinancial.
Bauer rates every federally-insured U.S. chartered bank with the same strict standards, and we are pleased to report that MountainOne Bank continues to excel in areas of capital adequacy, profitability, loan quality and more. This marks the 30th consecutive quarter it has done so – since September 2015! Now that’s worth celebrating. MountainOne Bank has certainly proven it has what it takes to carry it through 2023, whatever it may bring.
“With the Federal Reserve raising interest rates at breakneck speed, it may be tough for some banks to keep pace”, cautions Dorway. “But, with high capital cushions and an established track record, MountainOne Bank is well-positioned to continue to thrive and be a source of strength for its community.”
MountainOne Bank was established in 1848 and has been a rock-solid banking partner for the community ever since. That’s 175 years of relationship-building and community-strengthening. Neighbors and friends in Berkshire, Norfolk and Plymouth counties should be proud to call MountainOne Bank their bank. Visit mountainone.com and get to know Mo the Spokesgoat. MountainOne Bank: “A Genuine Commitment To Our Customers. It’s In Our Nature.”
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are available for free at bauerfinancial.com.
MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Bank is a Member FDIC, Member DIF, Equal Housing Lender. Products and services are offered at offices in the Berkshires (Pittsfield, North Adams, Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate).