FOLSOM, Calif., Oct. 21, 2015 (GLOBE NEWSWIRE) — Folsom Lake Bank (OTCQB:FOLB), announced today that they have been recognized by Bauer Financial, Inc. as a 5-Star, Superior Bank, based on September 30, 2015 financial information. This is the highest rating that Bauer Financial assigns and it ranks Folsom Lake Bank as one of the Nation’s strongest financial institutions. According to Bauer Financial, 5-Star rated financial institutions are recommended for business, financially sound, and operate well above their regulatory capital requirements.
“We are very pleased that Bauer Financial has recognized Folsom Lake Bank. This rating further solidifies the hard work by our executive team, board of directors and employees. With our committed team of professionals, we have enjoyed solid, steady, and prudent growth throughout this year and look forward to continued success,” said President and Chief Executive Officer, Robert J. Flautt.
Folsom Lake Bank has three locations, our first branch is located in the heart of the Folsom’s historic district at 905 Sutter Street, the second location is at 2233 Douglas Boulevard in Roseville and our newest branch is in Rancho Cordova on Sunrise just south of Hwy 50 at 2865 Sunrise Boulevard. The Bank is a locally owned and locally operated full service commercial bank focused on small business owners, professionals and individuals in the communities surrounding Folsom Lake.
This correspondence may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act. All of the statements contained in this correspondence, other than statements of historical fact, should be considered forward-looking statements. Although the Bank believes the expectations reflected in those forward-looking statements are reasonable, it can give no assurance that those expectations will prove to have been correct. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and are not intended to give any assurance as to future results.
CONTACT: Contact: Robert J. Flautt President & CEO (916) 235-4570