DepositAccounts.com, a subsidiary of LendingTree, has released its 2020 analysis of the healthiest banks in America.
“It is such an honor to have FNB recognized among the healthiest banks in America,” said Marty Nichols, FNB President & CEO. “Being a part of this list shows our commitment to excellence.”
DepositAccounts.com evaluates the financial health of over 10,000 banks and credit unions in the United States once per quarter. To determine bank ranking and recognition, DepositAccounts.com grades each institution on a number of factors, including capitalization, deposit growth, and loan-to-reserve ratios.
“We believe it is important to give consumers a way to evaluate the financial health of their institutions,” said Ken Tumin, founder of DepositAccounts.com. “Our list empowers consumers to make informed decisions when selecting a financial institution.”
For an explanation of the DepositAccounts financial health analysis and its history, visit https://www.depositaccounts.com/banks/health.aspx. Learn more about FNB at https://growwithfnb.com/. View FNB’s A+ Health Rating by visiting https://www.depositaccounts.com/banks/fnb-bank-inc.html.
DepositAccounts.com is the largest and most comprehensive online publication in the U.S. dedicated to banking and deposits product information for consumers. It covers every federally insured bank and credit union and utilizes its patented technology to track approximately 275,000 consumer deposit rates, each updated nightly. The site features more than 11,000 editorial articles detailing depository strategies and highlighting current bank rates and offers. It is also home to one of the largest communities of depositors on the Web, hosting more than 100,000 comments, customer reviews, and forum threads.
FNB Bank, founded in 1875, is one of the oldest banks in the state of Kentucky and ranks among the highest in the nation in the area of safety and soundness. The bank currently has nine locations: Mayfield Main, Mayfield Southside, Wingo, Lone Oak, Paducah, Murray North, Murray South, Cadiz Main, and Cadiz West. FNB is member FDIC and an Equal Housing Lender.
