News Release
October
21, 2009
The
First National Bank Receives 5-Stars…Again
John T. Parry, President and CEO of The First
National Bank and Trust Company of Newtown, proudly accepted the
distinguished 5-Star Superior rating from BauerFinancial, Inc. Coral
Gables, FL.
A
5-Star rating for financial strength and stability is the highest
rating attainable from BauerFinancial and is based on the overall
financial condition of the bank. Earning a 5-Star rating denotes that
The First National Bank is one of the strongest banks in the nation.
"There’s
an old adage that says no press is bad press, but if you’ve seen
the banking news over the past year or two, you know this isn’t
always true,” noted Karen L. Dorway, President of BauerFinancial.
“That’s why it’s so important today to share some good banking
news, and First National Bank makes it easy. The First National Bank
& Trust Company of Newtown is a model community bank."
BauerFinancial,
Inc., Coral Gables, FL., the nation’s leading independent bank and
credit union 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 star-ratings by visiting www.bauerfinancial.com.
Founded
in 1864, The First National Bank is Bucks County’s oldest, most
established bank, with twelve branches throughout Central and Lower
Bucks County. The First is committed to local ownership, operation
and investment.
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