For more information:
Sara Smith, Marketing & Communications Director
(330)- 637-8040, ext 132
(330)- 717-7382 (c)
FOR IMMEDIATE RELEASE
Cortland Banks receives Bauer Financial’s highest rating
CORTLAND, Ohio (7/29/08) – Cortland Banks has earned Bauer Financial’s highest rating
– 5-stars! This marks the 59th consecutive quarter that Cortland Banks has achieved this
honor, a feat less than 1000 of the United States’ 8,492 banks can claim to have
accomplished. This statistic puts Cortland Banks in the top 12% of all banks nationwide.
The Bauer rating is based upon the financial condition of the bank, including the capital as
quality and the profitability of the institution.
Bauer Financial is the nation’s leading independent bank and credit union rating and research
firm, and has been reporting on and analyzing the performance of U.S. banks and credit
unions since 1983. No institution pays for its rating, nor can they elude it.
An independent Community Bank since 1892, Cortland Banks serves Trumbull, Portage,
Ashtabula, Geauga and Mahoning Counties with 14 offices. Offering products and services
similar to regional and national banks, Cortland Banks emphasizes responsive and
personalized service. The Company’s “Local Banking/Local Decisions” promotional theme
highlights a culture where customers are known by name rather than account number, and
where decisions are made by directors and managers who reside and work in the
communities where the Company’s headquarters and branches operate.
Unlike national and regional banks that have evolved through acquisition and merger,
Cortland Banks’ customers have not experienced the aggravation of repeated conversions in
operations, personnel, and product lines that result when a bank “changes” its name.
Cortland Banks has experienced an increasing number of new accounts, both consumer and
business, as customers seek a more local and stable relationship with their financial
Customers at Cortland Banks primarily find long-term employees dedicated to providing
friendly, down-home service. The Bank currently employs 176 people in the area’s local
communities who average nearly 14 years of service.
For additional information about Cortland Banks visit http://www.cortland-banks.com.
Expect a brand-new, user-friendly Cortland Banks’ web-site this summer.