Karen L. Dorway, president of the rating firm, has a rare vantage point, having monitored the industry for more than two decades. “It isn’t surprising to those of us who watch the industry that ‘plain vanilla’ banks, those that didn’t get into risky investments or lending, are the banks that are still standing strong today. Alliance Bank has stayed true to its purpose of serving its community in a prudent and responsible manner.”
Established in 1930, Alliance Bank has been serving the banking needs of its local communities for 83 years. It operates through seven conveniently located branch offices in Francesville, Monon, Monticello, Otterbein, Oxford, Rensselaer and Winamac and can also be found on the internet at www.myalliancebank.com. Alliance Bank is a member of the FDIC and an Equal Housing Lender.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded. Consumers may obtain free star-ratings by visiting www.bauerfinancial.com.