Centennial Bank Nabs 5-Star Rating From Review Group
Centennial Bank announces receiving a 5-Star rating from Bauer Financial Inc., a financial review group that reports on the nation’s banking industry.
Bauer Financial Inc. obtains data from the federal regulators on each bank and credit union in the United States. The quarterly data is subjected to a thorough analysis and is compared with historical data for consistency. Upon completion of the analysis, a star-rating is assigned based on a scale of zero to five stars with five stars being the strongest.
Randy Sims, Centennial Bank President and CEO stated, “It is always an honor to be recognized for your accomplishments. This is the highest ranking possible for a bank, from one of the most respected bank rating services in America. It is a testimony to our goal and desire of being a very strong and safe financial institution despite continued economic problems around our country and the world. We owe a debt of gratitude to our loyal customers, dedicated bankers and shareholders.”
Centennial Bank is a wholly-owned subsidiary of Home BancShares Inc., a publicly-traded bank holding company headquartered in Conway, Arkansas.