Mr. Glenn Anderson, President and CEO of Spratt Savings and Loan, Chester, South Carolina proudly accepts a distinguished 5-Star Superior rating from BAUERFINANCIAL, Inc., Coral Gables, Florida. A 5-Star rating for financial strength and stability is the highest rating attainable from BAUERFINANCIAL (the Nation’s Bank Rating Firm for over a quarter of a century) and is based on the overall financial condition of the bank.
Earning a 5-Star rating denotes that Spratt Savings and Loan is one of the strongest banks in the nation. Achieving this designation for 69 consecutive quarters, like Spratt Savings and Loan has, is an even higher honor. In fact, only 7% of the nation’s banks have earned this Superior 5-Star rating 69 consecutive times.
"There’s an old adage that says no press is bad press, but if you’ve seen the banking news over the past year or two, you know this isn’t always true,” notes Karen L. Dorway, president of BAUERFINANCIAL. “That’s why it’s so important today to share some good banking news, and Spratt Savings and Loan makes it easy. Spratt Savings and Loan is a model community bank. You should be proud to call it Your Bank.”
South Carolina’s oldest savings institution, Spratt Savings and Loan was established in 1893 and has been serving the banking needs of its neighbors and friends for 116 years. It operates through two conveniently located offices in Chester and Great Falls and can also be found on the internet at www.sprattsavingsandloan.com.
Spratt Savings and Loan: “Relationship banking. It’s not just what we do, it’s who we are.” BAUERFINANCIAL, INC., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can it be eluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.