Farmington, MO – Ozarks Federal is featured in the newly released second edition of the book “Top 100 Banks” published by Bauer Financial, Inc., the nation’s leading independent bank rating and research firm. Ozarks Federal Savings and Loan is listed 49th among the top 100 thrifts with the highest consecutive rating in the nation. Ozarks Federal has earned the highest five-star rating for more than 23 consecutive years.
The editors cite Ozarks Federal for its superior performance and strength in the industry. The thrift’s highest rating is based upon factors including capital, income, and loan quality.
Ozarks Federal is proud to be recognized as a role model thrift and honored to be listed among the top 100 in the nation. “We are a mutual association, owned by our customers. Our business plan is simple. Gather deposits from local people and make sensible loans to people who want to own their own home. We have enabled thousands of families to live the American dream,” reveals Chief Executive Officer Dennis McIntosh.
Ozarks Federal has total assets of over $233 million. This traditional savings and loan association was founded in 1930 and is celebrating its 81st year of operation. Ozarks Federal serves southeast Missouri with its home office in Farmington and branch offices in Festus, Fredericktown, Ironton, and Potosi. Ozarks Federal is the second largest mutual thrift in Missouri, and was also featured earlier this year in the national magazine Management Today as a company making a difference in its industry.
With an emphasis on originating residential home loans, Ozarks Federal also offers a full range of savings and lending options including a home equity line of credit, checking and savings accounts, CDs, money market and IRA accounts.