Washington Savings Association Recognized as One Of Nation's Premier Banks... September, 2003. Washington Savings Association, Philadelphia, Pennsylvania has been awarded a top 5-star rating from BauerFinancial Inc., the nation's leading independent bank rating firm. This coveted designation recognizes Washington Savings Assn. as one of the nation's premier banks.

In addition, earning this prestigious award for 60 consecutive quarters puts Washington Savings Assn. in an elite group of "Exceptional Performance Banks", a term coined by the firm to further recognize banks that have been able to consistently earn the highest award for ten consecutive years or more.

"BauerFinancial congratulates Mr. Martin Bednarek, CEO of Washington Savings Assn., and his staff for their outstanding dedication in serving their community," remarked Karen L. Dorway, president of the research firm. "Community banks, like Washington Savings Association, are the backbone of our nation's banking system and we're proud to recognize Washington Savings Assn.'s achievement. It sailed through last year's recession with flying colors - a testament to Washington Savings Assn.'s staying power," concluded Dorway.

Established in 1903, Washington Savings Assn. is celebrating its 100th anniversary this year. It has been providing banking services to its neighbors and friends in Philadelphia County for the last century and currently operates through four conveniently located offices in Philadelphia.

Washington Savings Assn.: "Better Rate, Less Fees, Personal Service."

Member FDIC