Heritage Oaks Bank ranks in 200 healthiest banks
Heritage Oaks Bank of Paso Robles was recently ranked in the 200 healthiest banks in the United States by DepositAccounts.com.
Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States – more than 6,500 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score.
From the list of 6,500 banks, DepositAccounts.com recognizes those who have shown exceptional fiduciary responsibility in its 2014 edition of the Top 200 Healthiest Banks in America. Heritage Oaks scored 153 out of 6,500 banks.
DepositAccounts.com is a comprehensive online publication in the U.S. dedicated to banking/savings information for consumers. It covers all 14,000 federally insured banks and credit unions and utilizes its patent-pending technology to track more than 275,000 consumer deposit rates, each updated nightly. The site features more than 10,000 editorial articles detailing creative depository strategies and highlighting current bank rates and offers.