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Community Bank Notes

Volume 4 No. 1

A Publication of Community Bank Corporation

October 2008

Highest rated bank in Chaska and Chanhassen

New partnership brings Community Bank Five Star growth, greater resources, receives Rating by Bauer safety and soundness Financial E C xtraordinary times call for extraordinary actions. During these days of economic uncertainty, let me reassure you that Community Bank is solid, strong and solvent. And we’re taking action to ensure the continued safety and security of your investments, funds and future — today and tomorrow. This summer, we merged with another strong community bank in Eau Claire, Wis. Strategically, this alignment of two well-capitalized financial institutions makes both of us better and safer than ever. Community Bank Corporation continues to be the fastest growing financial institution in Chaska and Chanhassen and we have more than

$175 million in assets. This is unprecedented for a bank that has been open for just over eight years.

All of us at Community Bank are very proud of the new partnership we recently formed with Charter Bank Eau Claire. One of the most unique partnerships in our industry today, this venture allows us to continue offering all of our customers the same exceptional service with a personal touch, while ensuring our future as an independently run community bank.

by Cindy Everet

Fastest Growing Bank in Chaska and Chanhassen … Again ................. p. 2

ommunity Bank Corporation, with offices in Chaska and Chanhassen, was recently awarded a Five Star Rating by Bauer Financial Inc, of Coral Gables, Fla. This is the highest rating that Bauer awards to any community bank in the United States. Bauer Financial is an independent rating and research firm that has been rating banks since 1983. It has successfully navigated countless depositors through the Savings and Loan Crisis of the 1980s and has earned the reputation as “the nation’s bank rating service.”

Eau Claire. We have no reporting relationship to our sister bank nor them to us. Our name, logo, locations, management and staff remain the same. Additionally, our board of directors The Five Star rating earned by Community Bank Corporation remains the only locally governing board is based on a complex formula factoring in current and historiof directors for a financial institution in cal data as reported to federal regulators, including Capital, Chaska or Chanhassen. Earnings, Historical Trends, Loan Delinquencies and overall T h e m e r g e r i s However, our new relationship opens the Asset Quality. Community Bank is the only bank in Chaska t r a n s p a r e n t a s doors for growth and provides greater and Chanhassen to achieve the Five Star Rating. C o m m u n i t y resources from a larger consolidated Other area banks and financial institutions rated by Bauer B a n k C h a s k a community bank. The combined lend- Financial include, but not limited to: Wells Fargo Bank and and Chanhassen ing limit of our two organizations will be KleinBank Chaska and Chanhassen (four stars); TCF Bank and continue to $12.6 million. This allows Community US Bank (three and one-half stars); M&I Bank Chanhassen operate as sep- Bank to approve larger loan amounts, (three stars). arate banks and autonoPartnership Five Star mously from Continued on page 3 Continued on page 3 Jeff Burzinski, Chairman and CEO Charter Bank

706 Walnut Street • Chaska • 952-361-2265 www.cbchaska.com

455 Pond Promenade • Chanhassen • 952-227-2265 www.cbchanhassen.com


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