WALNUT — Bauer Financial Inc., of Coral Gables, Fla., a bank rating firm, affirms that Citizens First State Bank of Walnut, has earned its highest five-star rating for financial strength and stability.
Earning a five-star rating indicates this bank excels in areas of capital adequacy, profitability, asset quality and more.
“This achievement requires tremendous resilience and fortitude,” Karen Dorway, president of Bauer Financial, said.
“We saw a lot of banks that were lacking those qualities that are, unfortunately, no longer around. But community banks, like Citizens First State Bank of Walnut, have some definite advantages.”