| Pacific Crest Savings Bank continues to be a "Recommended" bank by BauerFinancial, Inc., the nation's leading independent bank rating and research firm. The rating is based on the overall financial picture of the bank and demonstrates that Pacific Crest has consistently sound management and financial strength. This is the 19th consecutive quarter BauerFinancial has classified Pacific Crest as a "Recommended" bank. Banks and credit unions do not pay for the BauerFinancial rating, nor can an institution elect not to be rated. BauerFinancial rates all U.S. chartered banks with assets of at least $1.5 million. The star ratings classify each institution based upon a complex formula factoring in current and historical data. The first level of evaluation is the capital level of the institution followed by other relevant data including, but not limited, to: profitability, historical trends, loan delinquencies, repossessed assets, reserves, regulatory compliance, proposed regulations and asset quality. For additional information, please see the BauerFinancial website. |