Haverhill, Massachusetts - January 2025: Pentucket Bank, Haverhill, MA is proud to announce it is starting 2025 with another 5-Star Superior rating from BauerFinancial, the Nation’s Premier Bank Rating Firm. A 5-Star Superior rating indicates that Pentucket Bank is one of the strongest banks in the nation, excelling in areas of capital, loan quality, profitability and more. This marks the 131st consecutive quarter that Pentucket Bank has earned this top rating, which secures it an even more elite status as a “Best of Bauer Bank”, an honor reserved solely for banks that have maintained a 5-Star rating for 25 years or longer.
“Local decisions, responsive service and dedication to making the community a better place to live, these are the hallmarks of community banks, like Pentucket Bank”, champions Karen L. Dorway, president of BauerFinancial. “Understanding what the community needs and providing the financial support tailored to those needs, is what community banking is all about. We at Bauer are never surprised, but always pleased, when community banks, Pentucket Bank included, are also at the top of their own financial game,” she continued.
“We are truly honored to receive this prestigious recognition, which reflects the hard work, dedication, and unwavering commitment of our entire team,” said Stephen Jaskelevicus, President and CEO of Pentucket Bank. “This achievement also highlights the shared vision of providing exceptional service to our customers, whose trust and loyalty continue to be the cornerstone of our success. At Pentucket Bank, we take great pride in our strong, community-focused values, and this award reinforces our ongoing commitment to being a reliable and steadfast institution. We will continue to build on this foundation to ensure that Pentucket Bank remains a pillar of strength and stability for generations to come.”
Established in 1891, Pentucket Bank has been an avid supporter of the people and organizations in the communities it serves for 134 years. Knowing that this is also where its own employees live, work and play, supporting those communities is a no-brainer. This community-focused bank wouldn’t have it any other way.