Community State Bank Receives 12th Consecutive 5-Star Rating for Strength and Financial Performance

BauerFinancial, Inc. has the distinct pleasure of issuing its top 5-star SUPERIOR rating to Community State Bank,for the 12th consecutive quarter. This secures the Bank's position as one of the strongest banks in the country.

Community State Bank Receives 12th Consecutive
5-Star Rating For Strength And Financial Performance

TEANECK, NJ -- Although the national economy is still having difficulty finding the path to recovery, Community State Bank has continued to maintain its outstanding strength and stability without missing a beat. Thats why, said Stuart H. Lubow, President and CEO of CSB, that
BauerFinancial, Inc. of Coral Gables, FL, has once again awarded the independent commercial bank its five-star rating for superior performance. This marks the 12th consecutive quarter that the bank has achieved this prestigious rating, securing its position as one of the strongest banks in the country.

BauerFinancial is a bank research and rating firm that compiles data on, and rates the performance of, all the banks, thrift institutions and credit unions in the nation. In BauerFinancials rating system, a financial organization is rated from zero (weakest) to five (strongest) and is awarded stars" accordingly. The rating is performed utilizing a rigid set of criteria; one requirement is that the tangible capital level of a rated institution be twice that required by federal regulators.

Its always a pleasure to report on Community State Banks success," said Karen L. Dorway, President of the research firm. One of the things that makes CSB one of the strongest banks in the nation is that its personnel takes the time to learn customers needs, and then act on that knowledge. By dedicating itself to maintaining cutting-edge products -- such as its free checking for business and retail customers --and unexcelled personal service, Community State Bank has gained a powerful and loyal following, and a reputation for being an integral part of the community. Add to that lower fees and friendly faces, and youve got a combination of factors that large banks cant hope to match," she concluded.

In addition to traditional checking accounts, savings accounts, certificates of deposit, corporate and commercial loans, installment loans, real estate and mortgage loans, wire transfers, and ATM services, CSB has added non-traditional services to its offerings. For instance, to extend functionality of the banks services beyond the walls of its branch offices, CSB opened -- for both its retail and business customers -- branch24.com, an online banking service that provides the full gamut of banking services via the internet.

Community State Bank can be contacted by phone at (201) 836-8300 or through its informational web site, www.csbnj.com. CSB, an independent state-chartered commercial bank headquartered at 417 Cedar Lane, Teaneck, also has full-service offices in Teaneck, Hackensack, Park Ridge, and Englewood. The bank is a member of the FDIC and is an Equal Opportunity Lender.

# # #