On September 4, 2014, TexasBank was once again given the financial strength rating of “A+” from Weiss Ratings. The rating recognizes TexasBank as “Weiss Recommended” which classifies the bank as having outstanding financial stability for its customers, vendors and employees.
The Weiss Ratings are given to financial institutions through a process of analysis of five major categories: capitalization, asset quality, profitability, liquidity and stability.
“TexasBank is proud to be the only bank in our markets to be given the “A+” grade from Weiss Ratings. First, we would like to thank our customers for their continued business and trust in TexasBank. Without them we could never have attained the growth and success that we strive for,” said Greg Dodds, President and CEO.
Weiss Ratings provides independent ratings for more than 8,000 banks across the country. The Weiss Ratings’ proprietary model uses more rigorous standards than other ratings agencies, placing a greater emphasis on a bank’s future financial solvency, and its ability to withstand severe economic diversity.
“At TexasBank we offer a portfolio of products that rivals the big banks along with the service that only a true community bank can deliver,” said Dodds.With its corporate offices in Brownwood, TexasBank operates within 4 counties, and has 8 branches. For more information on Weiss Ratings, please visit: www.weissratings.com or www.weisswatchdog.com .
TexasBank is an Equal Housing Lender and Member FDIC.
