Ives Bank Rated 5-Stars for 9 Consecutive Quarters

DANBURY, Conn. - April 1, 2025 - PRLog -- Ives Bank (formerly Savings Bank of Danbury), Danbury, CT proudly acknowledges that it has, once again, received a 5-Star Superior rating from BauerFinancial, the Nation's Premier Bank Rating Firm. A 5-Star Superior rating indicates that Ives Bank is one of the strongest banks in the nation, excelling in areas of capital, loan quality, profitability and more. This marks the 9th consecutive quarter that Ives Bank has earned this top rating.

"A lot of things are changing", reflects Karen L. Dorway, president of BauerFinancial. "Rules and regulations are being retooled, technology is advancing at lightning speed, and it's easy to feel like you're getting lost in the fray," she continues. "People don't want to feel like that at their bank. When they walk into a branch, they want to feel confident that their deposits are safe, that all rules are being followed, and that their banker understands their specific needs. That's why it's so important to have 5-Star rated (Superior) banks, like Ives Bank, in our communities. We can be confident that they have our hard-earned deposits properly secured."

For more than 175 years, Ives Bank has been a trusted financial partner to the community, building lasting relationships and providing steadfast support since its founding. Earning a 5-Star rating from Bauer reflects the confidence in Ives Bank's financial strength and its continued commitment to serving the community.

"We are honored to receive this professional recognition of our stability and success from BauerFinancial," said Martin G. Morgado, President and CEO of Ives Bank. "This top rating reflects the unwavering commitment to excellence demonstrated by our Board of Directors and employees. We take great pride in our track record and our dedication to serving the community."

About Ives Bank

Established in 1849 and headquartered at 220 Main Street, Danbury, Ives Bank, formally known as Savings Bank of Danbury has assets in excess of $1.6 billion. Ives Bank has 16 branch offices in Bethel, Brookfield, Danbury, New Fairfield, New Milford, Newtown, Norwalk, Southbury, Stamford, and Waterbury. Stamford Mortgage Company, a division of Ives Bank, has a local office on Summer Street in Stamford. Visit ivesbank.com (http://www.ivesbank.com/).

Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com (http://www.bauerfinancial.com/).