(Chelsea Update would like to thank Patrick Russo for the information in this story.)
Chelsea State Bank recently received an A+ national financial health rating from DepositAccounts.com, one of the nation’s leading bank health-monitoring publications.
The bank stood out in all of the primary evaluation categories, including Texas Ratio, Deposit Growth, and Capitalization. The A+ rating also places CSB in the highest tier (top 10 percent) of the approximately 13,000 federally insured banks and credit unions nationwide in terms of financial health.
A detailed breakdown of CSB’s score may be found here in the health section of its dedicated bank page here.
