Measuring performance in areas of capital, asset quality and profitability, BauerFinancial only awards five-star ratings to banks that are considered to be strongest in the nation.
Historically, CapitalMark has performed well since it began in 2007.
The quarter ended June 30, 2013 marks the 10th consecutive quarter that CapitalMark has received the highest possible five-star rating for performance.
With full-service offices in four East Tennessee markets, CapitalMark is approaching its one-year anniversary in Cleveland.
“We are reassured that our banking model is both efficient and effective when we receive high performance honors like BauerFinancial’s 5-Star Rating,” Cleveland President Keith Barrett said. “The more important gratification, however, is the positive feedback we receive from our Cleveland clients since opening our doors last year. We proudly offer the businesses and individuals of Cleveland local decision making, customized solutions, and one dedicated point of contact for all their banking needs. These facets of our model give the clients and businesses we serve the tools needed to meet their financial goals.”
BauerFinancial, Inc., based in Coral Gables, Florida, is the nation’s leading independent bank and credit union rating and research firm. It has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution pays BauerFinancial to rate it, nor can any choose to be excluded.