BIZ BUZZ

Intracoastal Bank earns Bauer five-star 'superior' rating

The rating indicates that Bauer Financial considers Intracoastal Bank to be a superior financial institution.

By Observer Staff
| 4:00 p.m. June 11, 2023

Palm Coast Observer
Business

Bauer Financial Inc. has recognized Intracoastal Bank with its highest rating of five stars.

The rating was based on results from the bank's financial condition as of the first quarter that ended March 31, and indicates that Bauer Financial considers Intracoastal Bank to be a superior financial institution, according to a news release from Intracoastal Bank.

"We are elated that Intracoastal Bank continues to be recognized as one of the safest and strongest financial institutions in the country," Intracoastal Bank President Ryan Page said, according to the news release.

Bauer Financial has listed Intracoastal Bank on its Recommended Bank Report.