Bauer Financial Rating
Best of Bauer 5-Star Macon Bank & Trust Company-
FOR IMMEDIATE RELEASE:
Best of Bauer Macon Bank & Trust Company: Serving the Community with 5-Star Strength
Lafayette, TN – January 2024: BauerFinancial, Inc., the Nation’s Premier Bank Rating Firm, proudly acknowledges that Macon Bank & Trust Company, Lafayette, TN has earned its highest, 5-Star rating for 129 consecutive quarters. Having maintained its financial strength and stability for over a quarter of a century, Macon Bank & Trust Company has also earned a “Best of Bauer Bank” distinction. This designation is reserved solely for those banks that have earned and maintained Bauer’s 5-Star Rating for 25 years (100 consecutive quarters), or longer. This latest rating was assigned in January 2024 based on September 30, 2023 financial data and signifies that Macon Bank & Trust Company continues to be one of the strongest banks in the nation.
“Bauer rates banks based on their overall financial condition,” reports Karen Dorway, president of the rating firm, “and has been doing so for over 40 years. Bauer does not rate based on how much a bank gives back to its community, but sometimes I wish we could. The employees of community banks, like Macon Bank & Trust Company, feel a responsibility to help their community grow and thrive,” continues Dorway. “It gives me great pleasure to acknowledge that a bank that measures its success by the success of its neighbors and friends, does so from such a solid financial foundation.”
Since its inception in 1919, Macon Bank & Trust Company has been an enthusiastic supporter of the people and organizations in the communities it serves, which is also where its employees live, work and play. A dedicated banking partner, yes, but so much more. Supporting the community is what it does, and what it has done for 105 years. This community-focused bank wouldn’t have it any other way.
Visit maconbankandtrust.com.
Macon Bank & Trust Company: “Come Grow with Us.”
Bank and Credit Union data compiled from financial data for the period noted, as reported to federal regulators. The financial data obtained from these sources is consistently reliable, although; the accuracy and completeness of the data cannot be guaranteed by BauerFinancial, Inc. Since 1983, BauerFinancial has relied upon this data in its judgment and in rendering its opinion (e.g. determination of star ratings). BauerFinancial, Inc. is not a financial advisor; it is an independent bank research firm. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are all available for free at bauerfinancial.com.
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