DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Top 200 Healthiest Banks in America and rewarded American National Bank with an A+ rating; the highest health grade given out by DepositAccounts. Financial institutions are graded on a scale from F (worst) to A+ (healthiest). American National Bank was ranked #77 out of the 4,137 US banks analyzed, which was the second highest rated bank in Florida and #1 in South Florida.
It is such an honor to have our Bank recognized among the top 200 healthiest banks in America,” said Ginger Martin, President and CEO. “This shows our commitment to excellence.”
DepositAccounts.com evaluates the financial health of every federally-insured bank and credit union 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 a complete listing of the 2021 Top 200 Healthiest Banks in America, visit https://www.depositaccounts.com/banks/health.aspx.
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.
About American National Bank
American National Bank is currently the oldest and largest community bank headquartered in Broward County – celebrating 35 years of building relationships, serving clients, and giving back to the community. In addition to its A+ rating from DepositAccounts.com, the Bank is also a 5-Star Rated Bank by Bauer Financial, and has received numerous awards for its financial performance and community involvement. South Florida Business Journal ranked the Bank #1 among banks in South Florida that participated in PPP lending in 2020, a year in which it achieved record growth.