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BauerFinancial, Inc. has awarded County Commerce Bank, Ventura County’s award winning bank their highest rating, the Five-Star “Superior” rating for the 23rd consecutive quarter. The Five-star “Superior” rating is the highest rating and indicates that the institution in one of the safest in the United States, according to the certificate presented by BauerFinancial, Inc. Joseph D. Kreutz, President and Chief Executive Officer stated “BauerFinancial rates U.S. Banks and federally insured credit unions based on quarterly CALL reports submitted to the FDIC.” Kreutz added, “Our strength helps the local economy in many ways, including saving and even creating jobs by making loans to local businesses for expansion and equipment purchases. We are a small business, too and we all benefit by helping each other.”
County Commerce Bank was nationally recognized by U.S. Banker’s magazine as one of the Top 200 Community Banks across the nation (ranked by 3-year Average ROE). County Commerce Bank was the only bank headquartered on the central coast to receive Super Premier Performing Bank for 2009 by Findley Reports. County Commerce Bank was the highest rated bank based in Southern California and the sixth best performing bank in California for 2009, according to a report issued by Financial Management Consulting Group, a financial industry rating company. The bank was also recognized by D.A. Davidson Companies, one of the nation’s leading regional financial services holding companies in the third quarter, 2009 as the highest rated bank headquartered in Ventura, Santa Barbara and San Luis Obispo Counties.
County Commerce Bank was founded by local professionals and business leaders in Ventura County and opened for business in February, 2003. Headquartered in the City of Ventura at 3260 Telegraph Road (one block west of Mills), with a second branch at 2400 E. Gonzales Road, Oxnard, County Commerce Bank, with assets of $172 million assists local professionals and small businesses, offering its customers state of the art technology along with a traditional banking experience.