5-Star Rating Indicates Bank Excels in Variety of Areas, Including Capital Adequacy, Profitability & Asset Quality
Carteret, NJ – URSB, Carteret’s hometown bank with an outstanding 100-year reputation for personalized service and passionate commitment to the community, has received a prestigious 5-Star rating by Bauer Financial, Inc., the nation’s leading independent bank and credit union rating firm. The 5-Star rating is the highest a financial institution can earn from the service.
“We’re extremely proud of the 5-Star rating from Bauer Financial,” said Kenneth R. Totten, President & CEO of URSB, “as it places us in the top tier of United States financial institutions, and is reflective of our commitment to providing the highest level of service to our customers.” The 5-Star rating indicates that URSB excels in a variety of areas, including capital adequacy, profitability and asset quality.
Offering high interest checking accounts, such as Kasasa Cash® and Kasasa Cash Back®, and among the most competitive CD rates on the market, URSB is a modern financial institution dedicated to providing powerful financial tools that allow its customers to pursue their dreams while remaining financially secure. The bank’s suite of products and services includes personal banking, mobile banking, mortgages, home equity loans and lines of credit, as well as commercial mortgages for multi-family/mixed-use properties. Online and mobile services allow customers secure access to their accounts, as well as the ease of banking at their convenience.
Bauer Financial has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Every bank and credit union is required to file a detailed financial report with federal regulators on a quarterly basis. Bauer Financial obtains this data in its raw form from the government, and subjects it to a thorough analysis, comparing it with historical data for consistency. Once analyzed, Bauer Financial assigns a star rating from zero to five stars. No institution pays for its ratings, nor can it avoid being rated.
About URSB
With an outstanding 100-year reputation foURSB Receives Prestigious 5-Star Rating by Bauer Financialr personalized service and passionate commitment to its community, URSB, Carteret’s only hometown-based bank, serves the personal banking needs of customers throughout Central New Jersey. The bank’s suite of products and services includes personal banking, mobile banking, mortgages, home equity loans and lines of credit, as well as commercial mortgages for multi-family/mixed-use properties.
Online and mobile services allow secure access to accounts, and the ease of banking at customers’ convenience. Offering high interest checking accounts and among the most competitive CD rates on the market, URSB is a modern financial institution dedicated to providing powerful financial tools to allow customers to pursue their dreams while remaining financially secure.
Member FDIC. Equal Opportunity Lender.
