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5-Star Milford Federal Savings and Loan Soars Above the CompetitionIt is with great pride that BAUERFINANCIAL, Inc., Coral Gables, Florida, announces that Milford Federal Savings and Loan, Milford, Massachusetts has earned its highest 5-Star Superior rating for strength and stability. The past few years have been extremely difficult for the banking industry and the fact that Milford Federal Savings and Loan continues to excel in such areas as capital adequacy, delinquent loan levels and profitability, clearly indicates it is one of the strongest banks in the country. “With a full ten percent of the nation’s banks now on the FDIC’s “problem” list and even more on ours,” notes Karen L. Dorway, president of BAUERFINANCIAL, “the fact that Milford Federal Savings and Loan continues to not just withstand the pressures, but even excel in this environment, indicates its management is doing things right. Bauer’s stringent 5-Star requirements haven’t changed, but the climate definitely has and the fact that Milford Federal Savings and Loan has earned this prestigious rating sets it well above the competition.” Milford Federal Savings and Loan was established in 1887 and has been serving the financial needs of its neighbors and friends for 123 years. It currently operates through four conveniently located offices in Milford and Whitinsville, Massachusetts and Woonsocket, Rhode Island and can be found online at www.milfordfederal.com. 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 star-ratings by visiting www.bauerfinancial.com. |