Palm Coast, Florida (March 13, 2014) – Bauer Financial Inc. has awarded Intracoastal Bank its highest rating of 5-Stars based upon its financial condition as of the fourth quarter that ended on December 31, 2013. This rating indicates that Bauer Financial considers Intracoastal Bank to be a superior financial institution. Bauer Financial has Intracoastal Bank on its Recommended Bank Report. This is the 16th consecutive quarter that Intracoastal Bank has earned this distinction.
Bauer Financial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. Star ratings are assigned on a scale of zero-to-five stars (5-stars being the strongest) and are based on the current overall financial picture of the bank. More information about Bauer Financial ratings methodology is available athttp://www.bauerfinancial.com.
Commenting on the Company’s 5 star rating Intracoastal Bank’s President and Chief Executive Officer Bruce E. Page said “We are thrilled that Intracoastal Bankcontinues to be recognized as one of strongest financial institutions in the United States, Florida and the markets we serve. The entire team at Intracoastal Bank is committed to making sure the bank stays financially sound. We are pleased to offer our community a local choice that comes highly recommend by a prestigious, nationally recognized bank rating agency like Bauer Financial Inc.”
Intracoastal Bank, headquartered in Palm Coast, and is a locally owned and operated financial institution. Intracoastal Bank’s main banking center is located at 1290 Palm Coast Parkway, NW, Palm Coast, Florida 32137. The Bank’s Lending Center is located at 1659 N. Clyde Morris Blvd Ste 2, Daytona Beach, FL 32117. The Bank serves the Flagler and Volusia Counties area. The bank offers a full range of deposit and loan products tailored to meet the needs of customers and the community. The bank is a state charted commercial bank, member FDIC. More corporate information and e-banking are available at http://www.intracoastalbank.net, or join the conversation with Intracoastal Bank on Facebook at https://www.facebook.com/intracoastalbank.
For further information, please feel free to contact:
President & C.E.O.
1290 Palm Coast Parkway NW
Palm Coast, FL. 32137
Find us on Facebook: https://www.facebook.com/intracoastalbank.