Seifried & Brew LLC, a community bank risk management firm, has named First National Bank in Port Lavaca to its honor roll of U.S. safest Banks. “After the banking crisis,” Dr. Ed Seifried commented, “there has been too much focus on failed and sick banks. We need to recognize and honor those community banks whose policies and practices reflect the highest levels of safety and soundness.”

In their new book, How the Seifried & Brew Total Risk Index Predicted 99% of Failed Banks, Dr. Ed Seifried and Jay Brew make the case that failed banks were operating with heightened levels of unmanaged risk. But more importantly, the authors point to the fact that the vast majority of community banks practice traditional, conservative, safe banking, providing continued strength to our financial system.