2012 October Newsletter
Bauer Financial Award
Citizens State Bank was recently awarded the distinguished 5-Star Superior rating from BauerFinancial, Inc. Based in Coral Gables, Florida, BauerFinancial is one of the nation’s leading bank rating firms; its 5-star rating is the highest attainable from the organization and is representative of the overall financial condition of the bank.
“The unstable economic picture, both on Wall Street and on Main Street, makes it all the more important to recognize those financial institutions that are strong and stable,” remarks Karen L. Dorway, president of BauerFinancial. “The institutions that played by the rules and did not compromise their lending standards are the same institutions that stand ready to help build the economy back up. Citizens State Bank is an excellent example of this community spirit.”
That sentiment was shared by Citizens State Bank President Fritz Kuhlmeier, who accepted the rating on behalf of the bank and its directors. “We’re proud of how our bank has weathered the shaky financial climate of the past few years. I believe our ability to not only survive but thrive amid such conditions is a testament to the dedication and integrity of our officers and employees, and I cannot thank them enough for their diligence and professionalism.”