Versailles S&L gets high rating

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CORAL GABLES, Fla. — BauerFinancial Inc., of Coral Gables, Florida, a bank-rating firm, has announced that Versailles Savings & Loan Co. has achieved Best of Bauer status for earning and maintaining its five-star rating for 25 continuous years or longer.

Earning a five-star rating indicates that the company has excelled in capital with more than twice the capital than is required by regulators, loan quality with delinquent loan levels that are manageable, and profitability. Versailles Savings & Loan Co. earned $41,000 in the first quarter of 2016 and $251,000 in 2015.

The bank offices are at 10413 Kley Road, Versailles.

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