Intracoastal Bank Earns Bauer 5-Star "Superior" Rating

PALM COAST, Fla. - March 6, 2015 - PRLog -- Bauer Financial Inc. has recognized Intracoastal Bank with its highest rating of 5-Stars based upon its financial condition as of the fourth quarter that ended on December 31, 2014.  This rating indicates that Bauer Financial considers Intracoastal Bank to be a superior financial institution.  Bauer Financial has Intracoastal Bank on its Recommended Bank Report.  This is the 20th consecutive quarter that Intracoastal Bank has earned this distinction.

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. More information about Bauer Financial ratings methodology is available at http://www.bauerfinancial.com.

Commenting on the Company’s 5 star rating Intracoastal Bank’s President and Chief Executive Officer Bruce E. Page said “We are excited that Intracoastal Bank continues to be recognized as one of strongest financial institutions in the United States, Florida and the markets we serve.  The entire team at Intracoastal Bank is committed to making sure the bank stays financially sound.  We are pleased to offer our community a local choice that comes highly recommend by a prestigious, nationally recognized bank rating agency like Bauer Financial Inc.”

Intracoastal Bank serves the Flagler and Volusia County areas and is a locally owned and operated financial institution.  The bank offers a full range of deposit and loan products tailored to meet the needs of customers and the community including retail and commercial loan products, mortgage loan origination, small business products and convenient 24-hour ATMs for customers and non-customers to use. 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 www.intracoastalbank.net and they can be reached on Facebook at https://www.facebook.com/intracoastalbank