First Green Bank of Eustis One of Only 24 Florida Banks to Earn Coveted Five-Star Rating from BauerFinancial, Inc.

EUSTIS, Fla. --- First Green Bank of Eustis was recently awarded the coveted five-star rating from BauerFinancial, Inc., the nation’s leading independent financial institution rating service since 1983.

Kenneth E. LaRoe, chairman and chief executive officer said First Green Bank of Eustis was one of six banks in the entire Central Florida region to earn BauerFinancial’s highest rating.

“We are extremely pleased to have scored such a high rating this early in our cycle and we feel it thoroughly validates our careful approach to serving all the community’s interest,” LaRoe said.

According to the BauerFinancial website, “Five-Star institutions generally have twice the capital required by regulators,” LaRoe said.

“The institutions for our recommended report are either profitable or had only an insignificant loss for the reports quarter,” LaRoe said.

First Green Bank has locations in Eustis and Clermont and plans to open a new 11,800 square foot headquarters facility in Mount Dora later this summer.