CapitalMark Bank & Trust has again been awarded a 5-Star Rating from BauerFinancial, Inc., marking the bank’s 14th consecutive quarter to be recognized as a lead performer.
BauerFinancial, an independent research and rating firm based in Coral Gables, Fla., has been analyzing and reporting on the performance of financial institutions since 1983. BauerFinancial uses performance ratios to analyze banks and credit unions, and only awards 5-Star Ratings to institutions it considers to be the strongest in the nation.
Additionally, recent deposit market share reports published by the FDIC highlight CapitalMark’s deposit growth as it continues to outpace all other banks in the Chattanooga MSA with a 5-year compounded annual growth rate of 11.98 percent.
Banking Group President Kenny Dyer states, “CapitalMark’s strength and stability as a financial institution can be attributed to our efficient banking model and experienced Banker Teams. By operating one full-service office per market and aligning one dedicated Banker Team per client, we have created a streamlined banking experience for clients. The strong increases in deposit market share show that clients are receptive - and appreciative - of the high level of service we’re delivering.”
CapitalMark currently has 10 Banker Teams and 21 bankers serving the East Tennessee market.