The Westchester Bank, headquartered in White Plains and one of the fastest growing community banks in the nation, is pleased to announce it has received two recent, noteworthy accolades. The first is a Bauer Financial 5-Star Rating for the 26th consecutive quarter, a record 6 ½ years for the Bank! Bauer Financial, the leading bank rating organization in the country, analyzes all banks and credit unions on a zero-to-five scale with 5-stars the highest rating for ‘Superior’ performance. Another indicator of The Westchester Bank’s continued growth and strength is its selection as a Top 200 Safest Banks in America. DepositAccounts.com evaluates the financial health of over 11,000 banks and credit unions in the United States on a quarterly basis. Based on several factors including capitalization, deposit growth and loan-to-reserve ratios, The Westchester Bank has been recognized with a Top 200 Safest Bank ranking.
Regarding these most recent accomplishments, John M. Tolomer, President and CEO of The Westchester Bank stated, “We’re thrilled to receive these most recent achievements because it makes people in our community aware that there’s a world-class community bank dedicated to meeting their needs, right here in Westchester. It’s important that current and future customers know they are our number one priority. From Day One our operating principle and key differentiator from bigger banks has been to provide great banking products but delivered in a highly personal, customized manner. We have remained consistent in executing that model; it’s the core reason The Westchester Bank continues to earn not just awards but more importantly, the trust of each customer that comes with building relationships over the years.” Mr. Tolomer continued, “Any time there is recognition that signifies financial health, continuity and vitality just reaffirms to our consumer and small to mid-sized businesses that they’ve made the right choice in banking locally with people who care about them and their success,” Mr. Tolomer concluded.
About The Westchester Bank
The Westchester Bank is a New York State Chartered and full-service FDIC insured commercial bank offering state-of-the-art technology with a comprehensive line of banking products to businesses and consumers including: business and personal checking, business lending, commercial mortgages, savings accounts, CD’s, money market accounts, Interest on Lawyer Accounts (IOLA), attorney escrow accounts and tenant security accounts. The Westchester Bank is headquartered at 12 Water Street in White Plains with branches in Yonkers at 2001 Central Park Avenue (moving to 1900 Central Park Avenue effective this June), White Plains at 464 Mamaroneck Avenue, Thornwood at 994 Broadway, Mt. Kisco at 51 S. Moger Avenue, Mamaroneck at 305 Mamaroneck Avenue and Rye Brook at 800 Westchester Ave – 4th floor. For more information about The Westchester Bank, please visit TheWestchesterBank.com or contact Stephanie Weston at (914) 595-1978.