Carthage, Tennessee – September 2024: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, is pleased to acknowledge Citizens Bank, Carthage, TN, for its continued 5-Star status. September 2024 marks the 143rd consecutive quarter that Citizens Bank has earned this distinction, which gives it the added prestige of being a “Best of Bauer Bank”. Only banks that have earned and maintained this highest 5-Star rating for 25 years (100 consecutive quarters), or longer, may claim this distinction. This latest rating is based on June 30, 2024 financial data and signifies that Citizens Bank continues to be one of the strongest banks in the nation.
“Bauer rates banks based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Bauer’s approach of taking current financial data along with historical trends has enabled Bauer to anticipate certain events before they unfold. From speculative lending to interest rate pressures and even changes in accounting rules, Bauer has been through it all, and its reputation is second to none. So, when Bauer says Citizens Bank has earned its 5-Star rating, you can have confidence that it is one of the strongest banks in the nation. Not only that, as a community bank, Citizens Bank’s top priority is you, its customer. It is very satisfying,” Dorway continues, “to see banks that care so much about their communities also being top financial performers.”
Since its inception in 1929, Citizens Bank has been an ardent supporter of the people and organizations in the communities it serves. Its employees are your neighbors and friends. They live here too. Their children go to the same schools and play on the same playgrounds as yours. This is what community banking is all about and what Citizens Bank has been focused on for 95 years. Visit citzcar.com.
