Starion Financial named top-performing community bank
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.
Each top 25 listing measures community banks by their return on average assets (ROA) and return on average equity (ROE) ratios for 2013. To allow for the most equitable peer-to-peer comparisons, ICBA ranked its member community banks within 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.”
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