Auburn National Bancorporation, Inc. is a bank holding company headquartered in Auburn, Alabama, with total assets of $790 million as of March 31, 2015. Through its wholly-owned subsidiary, AuburnBank, it offers a full range of banking services to commercial and retail customers. Founded in 1907, the Bank has continuously operated as the first financial institution in Auburn, Alabama. AuburnBank primarily focuses on offering commercial and consumer loan and deposit services to individuals and small and middle market businesses in East Alabama, including Lee County and surrounding areas. It has 10 offices and 14 ATM locations throughout the communities it serves. For nine of the last ten years, American Banker magazine (May 2015 issue) featured Auburn National Bancorporation, Inc. as one of the "Top 200 Community Banks" in the nation, based on average return on equity (βROEβ) for a three-year period. It is important to note that AuburnBank is an Equal Housing Lender and a Member FDIC.
As an investor, it's noteworthy that AuburnBank has a long-standing presence in the industry, with a strong focus on community-oriented banking. Its consistent recognition as a top community bank by a reputable publication further underscores its financial stability and performance. The company's emphasis on serving the local community and small to middle market businesses aligns with the potential for sustainable growth and a loyal customer base. However, further details on its growth strategy, innovation initiatives, and latest investment activities would provide a comprehensive outlook for potential investment consideration.There is no investment information
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