Category Archives: Awards

We’re celebrating 15 consecutive 5-Star ratings from BauerFinancial

march bauerIndependent rating and research firm BauerFinancialscreen-shot-2016-09-13-at-11-07-51-am has released its March 2017 bank ratings, giving Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, a fifteenth consecutive quarterly 5-Star rating for strength, stability and soundness.

Based on December 31, 2016 financial data filed with the government, only banks BauerFinancial considers to be the strongest in the nation earn the 5-Star rating. Four- and five-star banks appear on BauerFinancial’s Recommended Report.

BauerFinancial has rated banks since 1983 and is regarded as “the nation’s bank rating service.” Banks cannot pay to be rated nor opt out of being rated.

Criteria for earning the 5-Star rating include the strength of the institution’s capital ratios, profitability/loss trends, the level of delinquent loans and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.

Thank you to all our wonderful clients for your business and your trust. We’re a 5-Star bank because we work with 5-Star clients.

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Thirteenth Consecutive 5-Star “Superior” Rating From BauerFinancial for Grandpoint Bank and its Divisions

screen-shot-2016-09-28-at-7-47-45-pmWe’re honored to share that Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, received a thirteenth consecutive quarterly 5-Star “superior” rating from independent rating and research firm BauerFinancial,screen-shot-2016-09-13-at-11-07-51-am based on June 30, 2016 financial data filed with the government.

BauerFinancial, regarded as “the nation’s bank rating service,” gives the 5-Star rating only to banks that are considered the strongest in the nation, as assessed for strength, stability and soundness.

One of our core operating principles has always been to build long-term partnerships with our clients, so that our seasoned bankers can develop an in-depth understanding of their businesses and anticipate their needs. To our clients: Thank you for your trust, your support and your business.

According to BauerFinancial, to earn this highest rating level, institutions are required to maintain a tangible capital ratio of at least four percent, a tier 1 risk-based capital ratio of at least four percent and a total risk-based capital ratio of at least eight percent. Other criteria evaluated include: profitability/loss trend, evaluating the level of delinquent loans and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.

Banks cannot pay to be rated nor opt out of being rated by BauerFinancial. Four- and five-star banks appear on BauerFinancial’s Recommended Report.

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Twelfth Consecutive 5-Star “Superior” Rating for Grandpoint Bank and its Divisions

5starjan16Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, received a twelfth consecutive quarterly 5-Star “superior” rating from independent rating and research firm BauerFinancial,↗ which is regarded as “the nation’s bank rating service.”

The five-star rating, which was based on March 31, 2016 financial data filed with the government, goes only to banks that are considered the strongest in the nation, as assessed for strength, stability and soundness.

According to BauerFinancial, to earn five stars, institutions are required to maintain a tangible capital ratio of at least four percent, a tier 1 risk-based capital ratio of at least four percent and a total risk-based capital ratio of at least eight percent. Other criteria evaluated include: profitability/loss trend, evaluating the level of delinquent loans and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.

Banks cannot pay to be rated nor opt out of being rated by BauerFinancial. Four- and five-star banks appear on BauerFinancial’s Recommended Report.

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Grandpoint Bank and its Divisions Earn Eleventh Consecutive 5-Star Rating From BauerFinancial

5starjan16.gifWe’re pleased to share that Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, received an eleventh consecutive quarterly 5-Star rating for strength, stability and soundness from independent rating and research firm BauerFinancial.↗

The five star rating, which was based on December 31, 2015 financial data filed with the government, goes only to banks that are considered the strongest in the nation.

We would like to thank all our clients and partners who help to motivate and inspire us. It is always our goal to be responsive and helpful, and we very much value the relationships we form. We appreciate your business, and we are honored that through our work serving you and our community, we received BauerFinancial’s highest rating.

According to BauerFinancial, institutions are evaluated on criteria, including capital ratios, profitability/loss trend, the level of delinquent loans and repossessed assets, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.

BauerFinancial is regarded as “the nation’s bank rating service,” and banks cannot pay to be rated nor opt out of being rated.

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Ninth Consecutive Quarter of BauerFinancial 5-Star Rating for Grandpoint Bank and its Divisions

5starjun15We’re happy to report that Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank andThe Biltmore Bank of Arizona, received a ninth consecutive 5-Star rating for strength, stability and soundness from independent rating and research firm BauerFinancial↗. The five star rating, which was based on June 30, 2015 financial data, goes only to banks that are considered the strongest in the nation.

Government regulators refer thousands of individuals seeking information about banks and credit unions to BauerFinancial each year. BauerFinancial is regarded as “the nation’s bank rating service,” and banks cannot pay to be rated nor opt out of being rated. Ratings, which range from zero to five stars, are determined by a rigorous assessment of a bank’s capital strength, asset quality and profitability, using quarterly financial reports filed with the government by each bank, with historical comparison for consistency.

We’re pleased to provide one more assurance to our clients that we are a fiscally-sound financial institution, and we hope that our personal touch and community focus further enhance your banking experience.

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Mike Hannley recognized by Rotary for Business to Business Ethics

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Last month, Rotary Club of Tucson Sunrise↗ surprised our president, Mike Hannley, by presenting him with their Business to Business Ethics award. Mike was in good company, because the other community leader honored by the club that morning was Tucson Police Chief Roberto Villaseñor.

Being a bank that is an asset to the local business community, not just a convenience or a necessity, has driven Mike to consistently improve services and seek out top banking professionals to work at Bank of Tucson. Mike and his team’s commitment to excellence continues to yield dividends, including earlier this year when a public vote landed Bank of Tucson in the top three Arizona banks in a survey conducted by AZ Big Media. (Thank you to everyone who voted.)

Mike launched Bank of Tucson in 1996 and merged the bank with Grandpoint in June 2013. Bank of Tucson operates two offices in Tucson, Arizona. Before leading Bank of Tucson, Mike held leadership roles with National Bank of Arizona and Home Federal/Great American Savings.

Mike’s business – and even life – philosophy is one of listening and learning. Advice seekers of all ages reach out to Mike, from seasoned professionals who want to discuss future business plans to young graduates seeking basic financial advice and guidance. To hear Mike tell it, each encounter is mutually beneficial. He enjoys getting to know people, their life lessons and what makes them “tick” and then sharing his experience to help them on their financial path to success.

Mike is very active in the Tucson community, where he is a life member of Tucson Conquistadores↗ and St. Mary’s Hospital Centurions.↗  Additionally, he serves as a member of the Board of Advisors of Carondelet Neurological Institute;↗ the Business Advisory Board of Angel Charity for Children;↗ the Director/Treasurer of the Tucson Airport Authority;↗ and the Director/Treasurer of the Reid Park Zoological Society.↗ Mike also serves on several advisory boards at the University of Arizona↗ and as a director of the YMCA Youth Foundation and the Western Independent Bankers.↗

Clearly, Mike has a full plate, but as the saying goes, if you need something done, give it to a busy person. Fortunately, Mike finds great reward in helping the people and businesses of the Tucson community.

We stand with the Rotary Club of Tucson in saluting Mike for his business ethics as well as his community service.

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Grandpoint Bank and its Divisions Awarded BauerFinancial 5-Star Rating

Screen Shot 2015-04-18 at 3.49.54 PMGrandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, received a 5-Star rating for strength, stability and soundness from independent rating and research firm BauerFinancial,↗ based on December 31, 2014, financial data. This is the seventh consecutive quarter Grandpoint has earned a 5-star rating, which BauerFinancial awards only to banks that are considered the strongest in the nation.

BauerFinancial is regarded as “the nation’s bank rating service,” and has been analyzing the performance of banks and credit unions since 1983. Ratings are determined by the bank’s capital strength, asset quality and profitability.

BauerFinancial’s analyses are made using quarterly financial reports filed with the government by each bank or credit union, with historical comparison for consistency. Its star-rating is assigned based upon a scale of zero to five stars. Banks cannot pay to be rated nor opt out of being rated.

Grandpoint and its divisions also received an A+ rating from DepositAccounts.com,↗ an independent bank health monitoring publication covering banks and bank deals for nearly a decade. This rating was also based on fourth quarter 2014 financial data.

DepositAccounts.com provides information about bank health free of charge to consumers. The company’s ratings are an indication of more than 14,000 banks’ and credit unions’ strength and stability based upon DepositAccounts.com’s proprietary algorithm.

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Top Honors for The Biltmore Bank of Arizona and Bank of Tucson

Thank you to everyone at Grandpoint Bank for your kind words. We are proud to support the important work of local businesses and to have the support of so many Ranking Arizona voters. From the Grandpoint Bank blog:

Grandpoint Bank would like to congratulate its divisions The Biltmore Bank of Arizona and Bank of Tucson for being ranked among the best banks in Arizona for 2015.

Ranking Arizona: The Best of Arizona Business has just named both banks in the top three banks to do business with in Arizona. We are especially proud that the honor comes from votes of the general public.

While helping so many wonderful companies achieve success is motivation enough, having the acknowledgement that our banking family’s efforts to go above and beyond are recognized and appreciated proves even more reason to love what we do. We will always be committed to bringing the best of community-focused banking to businesses throughout the great state of Arizona!

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From Rich Endicott, President, The Biltmore Bank of Arizona:

“We have a very basic philosophy: we communicate and respond quickly to the needs of our customers. When we do this we create an environment for our Bank and our clients to be successful. We believe that this is one reason our clients voted us the #1 bank seven of the past 10 years.”

From Michael Hannley, President, Bank of Tucson:

“We started the Bank 19 years ago with a staff of five, and we built it into one of the strongest community banks in Tucson by supporting local businesses. Our team is grateful for the recognition we’ve earned as one of the best banks in Arizona for 2015.”

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Bank of Tucson – Top-Rated by BauerFinancial

As a business owner or manager, you face a lot of important decisions, and some of them probably keep you up at night. At Bank of Tucson, we’re committed to going the extra mile so that your decision about where to bank leaves you worry free.

We’re pleased to be able to reassure you that as a division of Grandpoint Bank, Bank of Tucson holds a Five-Star superior rating from BauerFinancial, an independent research and rating firm.  This is the highest rating possible, awarded only to banks considered to be the strongest in the nation. What does this mean for you and your business?

BauerFinancial has come to be regarded as “the nation’s bank rating service,” and has been analyzing the performance of banks and credit unions since 1983. Ratings are determined by the bank’s capital ratio (a measure of a bank’s capital) as well as profitability, delinquent loans, charge-offs, liquidity and more.

BauerFinancial’s analyses are made using quarterly financial reports filed with the government by each bank or credit union, with historical comparison for consistency. BauerFinancial is an independent rating service, and its star-rating is assigned based upon a scale of zero to five stars. Banks cannot pay to be rated nor opt out of being rated.

Historically, the top performing institutions in the BauerFinancial rating system maintain strong policies, prudent underwriting and responsible investment; qualities that position a bank well for longevity and reliability.

As a business owner, you want the assurance that your banking partner has all of the qualities on which our top BauerFinancial five-star rating is based: strength, stability and soundness.

As you aspire to be among the best of the best in your industry, so do we. We’re happy to provide a five-star assurance that we are up to the task.

Download our BauerFinancial Highlights Report.

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