ASHEVILLE, NC – For the 9th consecutive quarter, Bank of Asheville announced that it has once again earned the prestigious BauerFinancial, Inc.’s highest ratings – 5-Stars. Under BauerFinancial’s rating system, five stars denote the absolute highest level of banking performance. Less than one third of the nation’s banks are branded as such. The award is based upon an analysis of current financial data as supplied by federal banking regulators and compared with previous historical data for consistency.
“Congratulations to all our employees and directors, who have made it possible for Bank of Asheville to achieve this honor,” stated G. Gordon Greenwood, President and CEO. “In a time of national economic uncertainty, this rating reflects our strength and commitment to our employees, communities, shareholders and stakeholders.”
Weststar Financial Services Corporation (OTC Bulletin Board: WFSC) is the parent company of The Bank of Asheville. Weststar Financial Services Corporation owns 100% interest in Weststar Financial Services Corporation I, a statutory trust. The Bank operates five full-service banking offices in Buncombe County, North Carolina – Downtown Asheville, Candler, Leicester, South Asheville and Reynolds.