NASDAQ, AUBN - Auburn Natl Bncp I
Auburn National Bancorporation, Inc. (the ?Company?) is a bank holding company
registered with the Board of Governors of the Federal Reserve System (the
?Federal Reserve?) under the Bank Holding Company Act of 1956, as amended (the
?BHC Act?). The Company was incorporated in Delaware in 1990, and in 1994 it
succeeded its Alabama predecessor as the bank holding company controlling
AuburnBank, an Alabama state member bank with its principal office in Auburn,
Alabama (the ?Bank?). The Company and its predecessor have controlled the Bank
since 1984. As a bank holding company, the Company may diversify into a broader
range of financial services and other business activities than currently are
permitted to the Bank under applicable law. The holding company structure also
provides greater financial and operating flexibility than is presently permitted
to the Bank. ...
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