Provo, Utah (November 28, 2022)

CCBank announced today that it has been ranked as the #1 top performing community bank in the United States among 543 other banks in its peer group with assets ranging from $500 million to $999 million. CCBank was listed as the number one bank by performance in a September 30, 2022, YTD report compiled by CB Resource Risk Management & Planning and recently distributed.

This annual report provides a comparative summary of community banks operating nationwide and gives a scorecard to rank banks against their peers using key performance indicators including asset growth rate, return on average assets and average equity, net interest margin, efficiency ratio, non-performing assets to assets, non-interest-bearing deposits to deposits, and non-interest income to average assets.

“CCBank’s ranking as the top-performing community bank within its peer group showcases our strong commitment to fiscal soundness, responsible and diversified lending to our community, and ability to serve our clients with industry-leading rates and personalized, local service,” said Matt Field, CCBank’s President and CFO. “It also showcases the extraordinary talent among our employees and bank leadership team. These results are not possible without good people behind the scenes delivering exceptional service to our clients and partners.”

The full report published by CB Resource is available for review and download at https://cb-resource.com/assets/cb-top-ten/CBTT_2022Q3.pdf.

About CCBank

Founded in 1993, CCBank is a community-focused financial institution with branch offices located in Salem, Provo, Orem, Pleasant Grove, Sandy—and a new loan production office In St George—to serve the banking needs of Utah residents and businesses. The bank prides itself on being a longstanding community bank focused on the financial and social health of Utah communities and through its offering of industry-leading rates, personalized service, financial technology, and quick decisions made at the local level. CCBank is an Equal Housing Lender | Member FDIC.