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First Bank of Coastal Georgia gets 5 stars

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POSTED: August 7, 2008 5:00 a.m.

First Bank of Coastal Georgia has earned a 5-Star rating according to Bauer Financial, Inc., an independent bank rating firm, said Doyce E. Mullis, president and CEO.

"All of us at First Bank of Coastal Georgia are honored to be recognized by Bauer Financial with its highest rating. This recognition reflects the commitment of the bank’s directors, officers and associates in our continuing efforts to build a solid foundation for First Bank of Coastal Georgia. By achieving this rating, there can be no dispute that First Bank of Coastal Georgia is ranked as one of the safest banks in the country," Mullis said.

Under Bauer Financial’s rating system, five stars denote the highest level of banking performance and is the firm’s highest rating. The award is based upon an analysis of current financial data as supplied by the federal banking regulators, supplemented by historical operating data of First Bank of Coastal Georgia.

"As we embark upon the second century of serving friends, neighbors and local businesses in Bryan County, the 5-star rating personifies our commitment to the safety and soundness that compliments our strong financial performance, growth, and commitment to our community," Mullis said.

Bauer Financial’s Inc., Coral Gables, Fla., has been reporting on and analyzing the performance of U. S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star ratings by calling (800) 388-6686 or visiting www.bauerfinancial.com.

First Bank of Coastal Georgia has offices in Pembroke and Richmond Hill. For more information go to www.firstbankofcg.com.

- submitted by First Bank of Coastal Georgia

 

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