Availa Bank receives Bauer 5 Star Superior Rating
Availa Bank has received a 5-Star Superior Rating from Bauer Financial.
This honor is awarded to banks based on a number of different financial criteria, including profitability/loss trends, level of delinquent loans, the community reinvestment rating, historical data and liquidity, and more.
Since its establishment date in 1870, Availa Bank has been a cornerstone in many
communities across Iowa. In its more than 150 years in business, it has never lost sight of its
purpose: to enable its clients and the communities it serves to achieve financial success.
Jeff Scharfenkamp, president and chief executive officer of Availa Bank, said of the award, “At Availa Bank, we believe our people make a difference. We have always recognized the skills and talents that set our team above the rest. We are proud to be acknowledged by Bauer Financial with this 5-star rating and know that we will continue to strive for excellence in everything we do.”
Tom Gronstal, chairman of the Board for Availa Bank, echoed Scharfenkamp’s sentiments.
“The Bauer 5-Star rating we received is a testament to the incredible hard work, dedication, and passion of our Availa Bank team. For over 150 years, our main focus has always been our
customers and our community. Thank you to Bauer Financial for recognizing our efforts.”