MBL Bank was recently recognized as being among the nation’s Top 200 Healthiest Banks for 2015 and one of the Top Performers for 2014.
Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States – more than 6,900 total. Each institution is graded on a number of factors – including capitalization, deposit growth, and loan to reserve ratios – in order to determine a comprehensive health score.
DepositAccounts.com recognized MBL Bank as showing exceptional fiduciary responsibility in its 2015 edition of Top 200 Healthiest Banks in America. MBL Bank ranks No. 163 among the list of 6,998 banks.
“We are very excited to be recognized as a top-quality financial institution, ranking within the top three percent,” MBL Bank President and CEO Jack E. Byrd Jr. said. “This recognition is a reflection of our customers and community plus the commitment of the Board of Directors and each MBL Bank associate to provide the utmost in banking service.”
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking/savings information for consumers.
MBL Bank was also honored by the Independent Community Bankers of America (ICBA) publication Independent Banker as being one of the nation’s Top Performers for 2014. As part of its annual performance rankings of ICBA member institutions, Independent Banker evaluates year-end FDIC call report earnings data to identify the top 25 community banks in six asset-size categories. Each top-25 listing measures community banks by their return on average assets (ROA) and return on average equity (ROE) ratios for all of 2014.
MBL Bank was named No. 20 in the category of “Community Banks with Assets of $300-$500 Million”.
“The community banks featured on Independent Banker’s Top Performers listings know their local markets and thrive because they stay true to the principles of community banking while showcasing drive, ingenuity and community commitment,” said Chris Lorence, ICBA executive vice president and chief marketing officer. “These high-achieving community banks demonstrate integrity, enthusiasm and inventiveness in the financial industry, and ICBA is proud to recognize them for their outstanding efforts.”
Byrd encourages individuals and businesses looking for a banking home to come see firsthand how MBL Bank can better serve them.
“We would love for you to be a part of our banking family,” said Byrd. “In our 105 years of serving this community, we pride ourselves in knowing our customers and exceeding their expectations. MBL Bank is a place where you can come and receive friendly, no-hassle banking – we can guarantee.”
Founded in 1910 as the Minden Building and Loan Association, MBL Bank is the only locally-owned, full-service commercial bank with headquarters in Minden, La. MBL Bank offers a variety of products and services including home, business, and personal loans, checking accounts, savings accounts, interest-bearing accounts, merchant services, online banking and bill pay, 24-hour account access by phone, and more.