March 2020 – Coral Gables, Florida—BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, commends Citizens Bank in Carthage, Tennessee, on its achievement of another 5-Star Superior Rating.
Not only has Citizens Bank earned Bauer’s highest (5-Star) rating for financial strength and stability, it has maintained that top rating for 125 consecutive quarters, sailing through one of the most trying economic times of our lifetime and giving it an added designation of “Best of Bauer Bank.”
This status is reserved solely for banks that have earned Bauer’s highest rating consistently for a minimum of 100 consecutive quarters. It also indicates that Citizens Bank is indisputably one of the strongest banks in the nation.
“As the president of BauerFinancial, I am often asked what it takes to be a 5-Star bank,” reflects Karen Dorway, president of the research firm. “Like so many other things in life, success in banking boils down to knowledge. Knowledge of banking, of course, but knowledge of its customers and the communities the bank serves are equally important. This intimacy enables the bank to steer clear of danger and work with customers for a common goal. It’s what gets so many community banks, like Citizens Bank, through the tough times unscathed.”
Citizens Bank was established in 1929 and has been working side by side with neighbors and friends for 91 years, helping to make the community what it is today. Currently, Citizens Bank operates through eight conveniently located offices in Carthage, Cookeville, Gordonsville, and Sparta and online at www.citzcar.com.
Citizens Bank: “Traditional Banking at its Best.”
Member FDIC and Equal Housing Lender.
BauerFinancial, Inc. in Coral Gables, Florida, is the nation’s leading independent bank and credit union rating and research firm. It has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
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