Community Spirit remains strong
RED BAY – Community Spirit Bank is proud to share financial results rating our financial institution as one of the strongest in the state of Alabama using 1st quarter 2011 data. The Financial Management Consulting Group of Russell Springs, Ky., recently released the Alabama Bank Performance Report for the 1st Quarter of 2011.
Community Spirit Bank remains one of the strongest banks in the state of Alabama. According to their research, Community Spirit’s asset quality remains as one of the top in the state as they ranked their assets as the seventh best in the state out of 134 banks. Community Spirit’s earnings were ranked twelfth out of 134 banks, and their overall financial condition was rated no. 14 out of 134 banks.
These results demonstrate that Community Spirit Bank is a safe, sound and secure financial institution, bank officials said.
“We do not take these results for granted. We understand and are thankful for our employees who work so hard to allow the bank to achieve these top state rankings and most of all; we thank our loyal customers for allowing us to serve their needs on a daily basis,” Community Spirit Bank president Brad Bolton said.
“Community Spirit Bank has been meeting the needs of the communities in which we serve since 1908, so if you are banking with us now, we say thank you and if not, please contact us so we can show you our strength in providing solutions for your life.”
-from staff reports
