Palm Coast, Florida( September 9, 2011)– Intracoastal Bank, Friday announced receipt of a 5-Star "superior" rating from Bauer Financial Inc. based upon its financial condition as of the second quarter that ended June 30, 2011. The 5-Star rating is the highest rating designated by Bauer Financial Inc.
Commenting on the Company’s 5 star rating Intracoastal Bank’s President and Chief Executive Officer Bruce E. Page said “we are thrilled that we have been recognized as one of strongest financial institutions in the Nation, State of Florida and in our local market area. As a local Hometown Community Bank we are able to offer the personal service and safety that customer’s desire.”
Bauer Financial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. To learn more about Bauer Financial ratings methodology, go to: http://www.bauerfinancial.com.
Intracoastal Bank, headquartered in Palm Coast, is Flagler County’s only locally owned and operated financial institution. Intracoastal Bank is located at 1290 Palm Coast Parkway, NW, Palm Coast, Florida 32137. The Bank serves the Northeast and East Central Florida 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 www.intracoastalbank.net.