Clear Mountain Bank Once Again a Top Performer

Bruceton Mills, West Virginia - September 2024: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to acknowledge Clear Mountain Bank, Bruceton Mills, WV, for its continued 5-Star status.  September 2024 marks the 84th consecutive quarter that Clear Mountain Bank has earned this distinction, which gives it the added prestige of being an “Exceptional Performance Bank”. Only banks that have earned and maintained this highest 5-Star rating for 10 years (40 consecutive quarters), or longer, may claim this distinction. This latest rating, based on June 30, 2024 financial data, signifies that Clear Mountain Bank continues to be one of the strongest banks in the nation.   

“Bauer rates banks based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Bauer’s approach of taking current financial data along with historical trends has enabled Bauer to anticipate certain events before they unfold. From speculative lending to interest rate pressures and even changes in accounting rules, Bauer has been through it all, and its reputation is second to none. So, when Bauer says Clear Mountain Bank has earned its 5-Star rating, you can have confidence that it is one of the strongest banks in the nation. Not only that, as a community bank, Clear Mountain Bank’s top priority is you, its customer. It is very satisfying,” Dorway continues, “to see banks that care so much about their communities also being top financial performers.” 

Clear Mountain Bank is an award-winning community bank that has been serving north-central West Virginia and western Maryland for more than 130 years.  The bank has received numerous readers’ choice accolades, including Best of Morgantown, Best of Harrison, and Preston County’s Top Picks.  With a focus on innovation and exceptional customer service, the bank offers a full range of financial solutions and is widely recognized for excellence in financial services and community involvement.  Additional information is available at www.clearmountain.bank.  

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 www.bauerfinancial.com.    

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