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Industry News

CFG Bank Ranked #2 Best-Performing U.S. Community Bank in S&P Global Market Intelligence 2022 List

BALTIMORE – March 30, 2023CFG Bank (CFGB) today announced its was recognized on S&P Global Market Intelligence’s annual rankings for 2022’s best-performing community banks with assets between $3 billion and $10 billion. CFG Bank ranked No. 2 in the list of large community banks. Last year, CFG Bank was No. 11 in the 2021 rankings for small community banks.

“We are honored to be recognized as a top performing community bank by S&P Global Market Intelligence. This recognition is a true testament to our entrepreneurial approach that allows us to transform the banking experience,” said CFG Bank President and CEO Bill Wiedel. “We are proud to partner and collaborate with our clients to not only meet their banking needs but also exceed their goals. We are proud to play a role in establishing a strong financial foundation that fuels economic prosperity in Baltimore and beyond.”

S&P Global Market Intelligence launched the rankings in 2011 to assess the performance of community banks and credit unions. The division ranks institutions based on returns, growth and efficiency but places a premium on the strength and risk profile of balance sheets.

To access the full list of top performing U.S. public banks, community banks and credit unions for 2022, click here.

About CFG Bank (http://www.CFG.bank)

CFG Bank, headquartered in Baltimore, Maryland, provides flexible financing and online banking solutions to the national healthcare and multifamily markets and the Mid-Atlantic region. CFG Bank is the 6th largest bank in the Baltimore area based on deposits and the largest that is based in Baltimore. CFG Bank has grown from $1 billion in assets at the end of 2019 to over $5 billion in assets at the end of 2023 and is among the five largest and most experienced healthcare bridge-to-HUD lenders in the country, serving its clients and helping them grow for over 30 years. CFG Bank transforms the banking experience by delivering big bank capabilities and expertise, coupled with relationship-driven boutique bank service. CFG Bank has branches in Lutherville and Baltimore City, and a cashless branch in Annapolis. For more information, visit www.CFG.bank, and follow CFG Bank on LinkedInFacebookInstagram and X.

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