BauerFinancial Inc. of Coral Gables, Fla., an independent bank rating and research firm, announced that Beacon Bank, headquartered in Shorewood, and with branches in Duluth, Eden Prairie and Excelsior, has achieved its highest 5-star rating. The 5-star rating is based on the overall financial picture of the bank and indicates that Beacon Bank is one of the strongest banks in the nation, the news release said.
Beacon Bank opened its doors in 1990 and has been serving the financial needs of its communities for nearly twenty years. Visit www.beaconbank.com for more information.