Starion News

Starion Financial named a Top Performer

Starion Financial was named to “The Best of the Best” list by the Independent Community Bankers of America (ICBA), an organization that represents more than 6,500 community banks of all sizes throughout the country.

As part of its annual recognition of high-performing member institutions, ICBA pulled year-end FDIC data to identify the community banks with the highest performance metrics—those with best return on average asset ratios and the best return on average equity ratios—in six asset-size categories. Starion was evaluated as a subchapter S bank with assets of $500 million to $1 billion and ranked number 20 for ROA and 15 for ROE.

Craig Larson, Starion Financial president/CEO, attributes the recognition to the hard work and dedication of Starion employees. “Receiving this honor in consecutive years makes me very proud of our organization and appreciative of every employee for making this possible,” he says. “The financial success of Starion allows us to support our employees, our customers and the communities we serve.”

“Whether it’s a small community bank serving a rural area or a large community bank serving a metro and suburban area, you’ll find they operate with the same focus by always putting their customers and communities first,” said Chris Lorence, ICBA executive vice president and chief marketing officer. “Starion Financial knows their local market and they thrive because of that expertise. We commend Starion Financial for its ongoing dedication, enthusiasm and devotion to the banking industry.”

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