Forbes magazine recently ranked Community Bank third in the nation for financial performance in a study analyzing 10 key metrics related to growth, asset quality, capital adequacy and profitability for the nation’s 100 largest banks and thrifts.
The bank jumped five spots from its eighth-place ranking on Forbes’ list released in 2016.
Forbes started ranking America’s 100 largest publicly traded banks and thrifts after the financial crisis of the late 2000s. The study included midsize regional and national banks from across the U.S.
“We pride ourselves on delivering a high level of performance to customers,” said Mark Tryniski, president and CEO of Community Bank. “That requires a lot of hard work behind the scenes and an unwavering commitment to provide differentiated solutions for each individual customer’s financial needs. The ranking is a true reflection of not only Community Bank’s operating discipline in everything we do, but also the personal financial discipline of our customers.”
For information, visit forbes.com.