BauerFinancial, the nation’s leading bank rating firm, recognized Livingston State Bank with its highest five-star rating.
The five-star rating is based on capital, asset quality, profitability and other factors.
“It isn’t surprising to those of us who watch the industry that ‘plain vanilla’ banks, those that didn’t get into risky investments or lending, are the banks that are still standing strong today,” said Karen L. Dorway, BauerFinancial’s president. “Livingston State Bank has stayed true to its purpose of serving its community in a prudent and responsible manner.”
Livingston State Bank has three branches in Livingston and Platteville.