June 2018: BauerFinancial, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm, is proud to announce that Milford Federal Bank, Milford, Massachusetts has once again secured its highest, 5-Star rating. (A five-star rating indicates the bank excels in areas of capital adequacy, profitability, asset quality and much more.) In fact, Milford Federal Bank has earned and maintained this top 5-Star rating for 33 consecutive quarters.
Like Bauer, regulators agree that smaller institutions “are often better positioned than larger institutions to understand and quantify local real estate market values since they serve a smaller, more defined market area.” – Federal Register, June 9, 2018. “It makes perfect sense; local people who know the area are making local decisions based on that knowledge”, agrees Karen L. Dorway, president of BauerFinancial. “Community banks, like Milford Federal Bank, are banking on a better future together with their community.”
Established in 1887, Milford Federal Bank has been investing in the future of its community for 131 years. Today it operates through four conveniently located offices in Milford, Whitinsville and Woonsocket and can also be found online at milfordfederal.com.