Waterstone Financial, Inc. Receives Top Ranking in Bank Director’s 2021 Bank Performance Scorecard
August 02 2021 - 3:01PM
Waterstone Financial, Inc. today announced that it received the
number one ranking in Bank Director’s 2021 Bank Performance
Scorecard.
Bank Director’s Scorecard annually ranks the 300 largest
exchange-traded banks in the United States based on the previous
year’s performance. It uses five metrics that speak to
profitability, asset quality and capital adequacy to score a bank’s
performance. This year, the top 25 list of banks was dominated by
community banks.
“Receiving the top ranking out of 300 banks is an honor that can
only be achieved from the work each and every one of our dedicated
employees does to create value for our customers, investors, and
our community,” said Doug Gordon, President/CEO of WaterStone Bank.
“2021 marks the 100th Anniversary of WaterStone Bank, and this
recognition demonstrates that we continue to stand strong as a
community bank.”
Despite the pandemic in 2020, Waterstone Financial, Inc. had
record financial results, led by its mortgage banking segment
originating a record $4.5 billion in residential home loans. The
bank’s community banking segment also added excellent operating
results with 47% growth in transactional core deposits. The bank
launched a new robust and innovative digital banking platform for
businesses and customers in 2020, and opened its first branch
office in the City of Milwaukee – its 14th branch overall.
About Waterstone Financial, Inc.
Waterstone Financial, Inc. is the savings and loan holding
company for WaterStone Bank. WaterStone Bank was established in
1921 and offers a full suite of personal and business banking
products. The Bank has branches in Wauwatosa/State St, Brookfield,
Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee
Falls, Greenfield/Loomis Rd, Milwaukee/Oklahoma Ave, Oak Creek/27th
St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee,
Waukesha, West Allis/Greenfield Ave, and West Allis/National Ave,
Wisconsin. WaterStone Bank is the parent company to Waterstone
Mortgage, which has the ability to lend in 48 states. For more
information about WaterStone Bank, go to
http://www.wsbonline.com.
Contact: Amy Saari Community Relations Coordinator 414-459-4183
amysaari@wsbonline.com
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