Bay State Savings Bank Awarded 5-Star Superior Rating from BauerFinancial

June 6, 2023

WORCESTER, MA – Bay State Savings Bank is proud to announce that it has recently been awarded BauerFinancial’s highest bank star-rating of, Superior (five-star), for its performance during the first quarter of 2023.

BauerFinancial Inc., has been analyzing and reporting on the financial condition of the nation’s banking industry since 1983. Ratings are based on the financial strength of a credit union or bank, considering their capital, profitability, liquidity, and portfolio risk. BauerFinancial only recommends institutions that have ratings of either 4 or 5-stars to consumers.

“Receiving a 5-star rating from BauerFinancial is true a testament of our financial strength and stability,” says Peter Alden, President and CEO of Bay State Savings Bank. “We are honored to have earned this level of recognition and are committed to continuing to provide our customers with the best banking experience possible.”