Citizens Bank in Carthage receives “Best of Bauer” 5-Star rating

April 1, 2019

BauerFinancial, Inc. the Nation’s Premier Bank Rating Firm, salutes 5-Star Citizens Bank in Carthage, Tennessee, for its continued financial excellence. Not only has Citizens Bank earned Bauer’s highest (5-Star) rating for financial strength and stability, it has maintained that top rating for 121 consecutive quarters.

Earning a 5-Star rating indicates that this bank excels in areas of capital adequacy, profitability, asset quality, and much more. Earning and maintaining this top rating continuously for over 25 years gives Citizens Bank the added status of being a “Best of Bauer Bank.” This designation is reserved specifically for banks that have earned Bauer’s highest rating for 100 consecutive quarters or longer.

“What I find particularly encouraging,” observes Karen Dorway, president of BauerFinancial, “is that it’s community banks, like Citizens Bank, that are achieving this status. Community banks base decisions on relationships, not just on numbers. We seem to be coming to a point where human interaction is regaining importance. Technology is an invaluable tool, but only when it enhances the customer experience. Citizens Bank has never lost sight of that.”

Citizens Bank was established in 1929, and has been building personal relationships ever since. Today, 90 years later, it operates through eight conveniently located offices in Carthage, Cookeville, Gordonsville, and Sparta and online at www.citzcar.com.

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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