Intracoastal Bank Earns Bauer 5-Star "Superior" Rating

PALM COAST, Fla. - June 9, 2013 - PRLog -- Contact: Bruce Page
President & C.E.O.
386- 449-0958
bpage@intracoastalbank.net

Palm Coast, Florida (June 7, 2013) – Bauer Financial Inc. announced that Intracoastal Bank was in receipt of a 5-Star "superior" rating based upon its financial condition as the first quarter that ended on March 31, 2013. The 5-Star rating is the highest rating designated by Bauer Financial Inc.

“We strive to excel in our industry, and are always humbled and honored when we are recognized for our efforts,” said Intracoastal Bank’s President and Chief Executive Officer Bruce E. Page. “Our rating reflects the strength not only of our bank, but of our entire team,” Page added.

Bauer Financial has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. Star ratings are assigned on a scale of zero-to-five stars (5-stars being the strongest) and are based on the current overall financial picture of the bank or credit union. More information about Bauer Financial ratings methodology is available at http://www.bauerfinancial.com.

Intracoastal Bank, headquartered in Palm Coast, and is a locally owned and operated financial institution. Intracoastal Bank’s main banking center is located at 1290 Palm Coast Parkway, NW, Palm Coast, Florida 32137.  The Bank’s Lending Center is located at 1659 N. Clyde Morris Blvd Ste 2, Daytona Beach, FL  32117. The Bank serves the Northeast and East Central Florida area.  The bank offers a full range of deposit and loan products tailored to meet the needs of customers and the community. The bank is a state charted commercial bank, member FDIC.  Intracoastal‘s 5-Star "superior" rating distinguishes the bank as one of Florida’s strongest, safest financial institutions, according to BauerFinancial, Inc.  More corporate information and e-banking are available at http://www.intracoastalbank.net, or join the conversation with Intracoastal Bank on Facebook at https://www.facebook.com/intracoastalbank.

Intracoastal Bank can be reached at www.IntracoastalBank.net or https://www.facebook.com/intracoastalbank.