Bauer 5 Star Winner - February 10, 2016
FIRST STATE BANK CENTRAL TEXAS EARNS 5-STAR RATING
Temple-based First State Bank Central Texas has received the highest ranking possible from Bauer Financial, Inc., the nation’s bank rating firm. The bank has earned a 5-Star rating from Bauer for financial strength and soundness.
First State Bank Central Texas Chief Executive Officer Don Grobowsky says the rating means a lot to the bank and even more to the bank’s customers. “I’m proud of this honor for our bank, our employees and our customers,” said Mr. Grobowsky. “Bauer ratings are respected nationwide and a 5-Star rating tells our customers that we are working diligently to take care of their money and earn their trust.”
Bauer Financial, Inc. has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. Bauer Financial ratings are independent and all banks are included. Ratings are based on numerous criteria and measure the strength and soundness of an institution. According to Bauer Financial’s Karen Dorway, the firm recommends only banks and credit unions that have earned a 4-Star or 5-Star rating because “peace of mind matters”.
First State Bank Central Texas has 31 banking centers offering commercial and personal financial services to the families, businesses and communities in the Temple/Austin metro area and throughout Central Texas and the Hill Country. The bank was chartered more than a century ago and today has assets of more than $1.3 billion, making the bank one of the largest and strongest independent banks in Texas.
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