Commerce Bank of Arizona, a Southern Arizona-based community bank, announced today it has earned the Five-Star Superior rating for financial strength and stability from BauerFinancial, Inc., the nation's leading independent bank rating firm. The rating designation indicates Commerce Bank of Arizona is one of Arizona’s premier banking institutions, as only eight out of 86 statewide currently hold the prestigious title.
“We are very pleased to be recognized by BauerFinancial for the continued exemplary performance of Commerce Bank of Arizona,” said Randy Yenerich, the bank’s president and chief executive officer. “I’m particularly glad that our customers know their deposits are safe with us and that we continue to offer outstanding banking services and products to our fellow Arizonans.”
Established in 2002, Commerce Bank of Arizona currently operates through five conveniently located offices in Tucson, Green Valley and Tubac. Each location offers a complete line of services including a drive-through window and ATM, a wide-variety of consumer and business banking accounts, and commercial and real estate loans.
BauerFinancial bases their star ratings on current financial data analyses supplied by federal banking regulators and compares it with previous historical data for consistency. They have reviewed the nation’s banks for more than 25 years and their financial ratings represent an independent, unbiased examination of a financial institution's safety.
“Commerce Bank of Arizona is a prime example of a bank that has stuck to traditional, conservative banking strategies, which, in this climate, is exactly what the ‘other banks’ are returning to,” said Karen L. Dorway, president of BauerFinancial. “They are a model of banking safety and soundness, and its customers can rest assured in that knowledge.”
For more information on Commerce Bank of Arizona’s Five-Star Superior rating, please call (520) 325-5200 or visit http://www.commercebankaz.com.
ABOUT COMMERCE BANK OF ARIZONA
Commerce Bank of Arizona is a southern Arizona owned and managed community bank specializing in providing customized financial services to small business owners, professionals, non-profit organizations and individuals. The Bank is results-driven and focused on helping customers reach their personal and professional financial goals. For more information, please call (520) 325-5200 or visit http://www.commercebankaz.com.
ABOUT BAUERFINANCIAL, INC.
BauerFinancial, Inc., Coral Gables, Florida, the nation’s leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays for its rating, nor can it be eluded. Consumers may obtain free-star ratings by calling (800) 388-6686 or visiting http://www.bauerfinancial.com.
