FOR IMMEDIATE REALEASE:
Waycross Journal Herald
WAYCROSS BANK AND TRUST ACHIEVES HIGHEST RATING
February 2011: In these tough economic times, it is important to know there are financial institutions that are strong, secure, and ready and able to assist their communities. Waycross Bank and Trust, Waycross, Georgia is one such institution – dedicated to getting Main Street back on its feet. Since it exhibits overall financial superiority in such areas as: capital adequacy, delinquent loan levels and profitability, BAUERFINANCIAL, Inc., Coral Gables, Florida is proud to bestow its highest 5-Star Superior rating upon Waycross Bank and Trust. In fact, this marks the 70th consecutive quarter that Waycross Bank and Trust has earned this distinction. Only 10% of the nation’s banks can claim that.
“The unstable economic picture, both on Wall Street and on Main Street, makes it all the more important to recognize those financial institutions that are strong and stable,” Remarks Karen L. Dorway, president of BAUERFINANCIAL. “The institutions that played by the rules and did not compromise their lending standards are the same institutions that stand ready to help build the economy back up. Waycross Bank and Trust is an excellent example of this community spirit.”
Board Chairman James E. Stewart, Jr. added, “We feel honored to be recognized by the BauerFinancial Group for the hard work Waycross Bank & Trust has expended through the past 23 years to insure that our Depositors money was fully protected, that funds were always available for bankable loans and that our Shareholders were compensated for their investment. We salute our Officers and Staff and thank the Citizens of Waycross for their encouragement and support.