Twelfth Consecutive 5-Star “Superior” Rating for Grandpoint Bank and Regents Bank
Posted by Admin
Grandpoint Bank and its divisions, Regents Bank, Bank of Tucson and The Biltmore Bank of Arizona, received a twelfth consecutive quarterly 5-Star “superior” rating from independent rating and research firm BauerFinancial, which is regarded as “the nation’s bank rating service.”
The five-star rating, which was based on March 31, 2016 financial data filed with the government, goes only to banks that are considered the strongest in the nation, as assessed for strength, stability and soundness.
According to BauerFinancial, to earn five stars, institutions are required to maintain a tangible capital ratio of at least four percent, a tier 1 risk-based capital ratio of at least four percent and a total risk-based capital ratio of at least eight percent. Other criteria evaluated include: profitability/loss trend, evaluating the level of delinquent loans and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.
Banks cannot pay to be rated nor opt out of being rated by BauerFinancial. Four- and five-star banks appear on BauerFinancial’s Recommended Report.
Linking to Non-Regents Bank Websites
This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.