FARMINGTON – Franklin Savings Bank, Franklin County’s only locally owned bank, has been ranked the strongest bank in Maine, according to TheStreet.com.
It’s the nation’s leading independent provider of ratings and analyses of financial services companies, mutual funds and stocks. Franklin Savings Bank is the only “A” rated bank in Maine and one of only two banks in all of New England to receive an “A” rating.
TheStreet.com evaluates the financial strength of more than 15,000 institutions, including insurers, banks and savings and loans, and tracks the risk-adjusted performance of more than 12,000 mutual funds and 6,000 stocks. Franklin Savings Bank also ranks high with other organizations. It has earned a 5-Star “Superior” rating from BankRate.com and the top 5-Star rating from BauerFinancial.com. All three of the reports are available to the public online.
Franklin Savings Bank celebrated its 140th anniversary last year.
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