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Applied Bank named No. 1 Healthiest Bank in America

August 24, 2021

DepositAccounts.com, a subsidiary of LendingTree, has released its list of the 2021 Healthiest Banks in America, and Applied Bank was named No. 1.

Applied Bank’s financial health was rated the highest out of over 4,000 banks analyzed throughout the country.

“We are very proud to have Applied Bank recognized as the No. 1-rated bank in America for financial health,” said Rocco Abessinio, chairman and CEO. “These ratings demonstrate Applied Bank’s commitment to excellence that enables us to provide top-rated banking services, including one of the top asset protection programs, to customers all across the U.S.”

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.”

To learn more, go to depositaccounts.com and appliedbank.com.

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