BauerFinancial, the Nation's Premier Bank Rating Firm congratulates Colonial Savings, Fort Worth, Texas for ringing-in 2017 with its highest 5-Star Superior rating. Colonial Savings is no newcomer to Bauer's 5-Star Rating. In fact, Colonial Savings has earned this top honor for 22 consecutive quarters.
Karen L. Dorway, president of BauerFinancial, commends Colonial Savings for maintaining a strong capital position while fulfilling its commitment to solving the financial needs of it's the communities it serves. "Community banks aren't pushing products or services on you that you don't need or want", says Dorway. "They are there to provide a service and fill a need, which Colonial Savings has been able to do seamlessly all while maintaining its pristine health."
Colonial Savings was established in 1952 and has been providing quality services to its neighbors and friends ever since. Today, after 65 years, it operates through eight banking offices located in North Texas and 15 retail mortgage offices in Texas, Colorado, Arkansas and Tennessee. Colonial Savings provides home loans to customers in all 50 states through their Home Loan Center and on the web at GoColonial.com.
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation's leading independent bank and bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and banks since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
Founded in 1952, Colonial is a national, multi-service financial institution headquartered in Fort Worth, Texas, and is one of largest servicers of mortgage loans in the United States, with a servicing portfolio of $26 Billion. It is the parent company of Colonial National Mortgage, a leading retail mortgage lender; CU Members Mortgage, which provides mortgage services to more than 1,000 credit unions nationwide; Community Bankers Mortgage, which provides mortgage origination and servicing to community banks; and Colonial Savings, a network of eight consumer/commercial banks located throughout North Central Texas. It is also affiliated with Colonial Life Insurance Company of Texas, DuBose & Associates Insurance, and Colonial Lloyds. The privately held company provides a full array of personal and business financial products and originates approximately $2.5 billion in FHA, VA, Jumbo, conventional, condo, and innovative single close construction loans annually.