News and Press Releases

Nov 05, 2004

Bank Receives 63rd Straight Five-Star Rating

Bauer Financial Reports Inc., Americas leading bank analyst, has recognized First National Bank Alaska as one of the strongest banks in the nation, giving it a five-star rating in its latest report issued in October.

The Alaskan-owned and operated bank has now received the five-star rating, denoting the highest level of fiscal strength and performance, for 63 consecutive quarters, the longest such streak of any Alaska bank.

Bauer also recognizes First National as an Exceptional Performance Bank, a
distinction reserved for banks that have earned a five -star rating for at least 10 years.

Locally owned financial institutions understand Americans needs and participate in their way of life, said Karen L. Dorway, president of the research firm. They are part of the fabric of our traditions of self-reliance, homeownership and entrepreneurship.

Established in 1922, First National is Alaskas largest locally owned and operated bank, with ATMs and 27 branches throughout Alaska

 

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