***FOR IMMEDIATE RELEASE***
April 30, 2023
Contact: Leah Driver, 765-529-5450, ldriver@mycsbin.com
NEW CASTLE, Ind., April 30, 2023 -- BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, recently awarded Citizens State Bank its top (5-Star) rating.
Bauer rates every federally-insured U.S. chartered bank with the same strict standards, and reports that Citizens State Bank continues to excel in areas of capital adequacy, profitability, loan quality and more.
“It’s an honor to be recognized with this 5-Star ranking,” said Dan Maddox, Chairman and CEO. "To celebrate our 150th year with this recognition from an independent firm like BauerFinancial validates our strategy as we prepare for the future." Senior Vice President and Chief Financial Officer Jason Hilty added "We believe Citizens State Bank is well-positioned to continue to be a source of strength for our communities. On behalf of the entire CSB team, we're proud to receive this recognition."
About Citizens State Bank
Citizens State Bank is a fourth-generation family-owned community bank that has offered a full range of financial services in central Indiana since 1873. Our mission is to help our clients, co-workers, and communities succeed. We believe every client deserves to have a banker they can count on, and we are committed to being a responsible, knowledgeable banking partner. To learn more, call 888-529-5450 or visit www.mycsbin.com.