Bank of Akron

Overview / Commentary
46 Main Street
Akron, NY 14001

Bank of Akron is headquartered in Akron and is the 93rd largest bank in the state of New York. It is also the 1,843rd largest bank in the nation. It was established in 1900 and as of June of 2019, it had grown to 74 employees at 5 locations. Bank of Akron's CD rates are 94% higher than the national average, and it has an A health rating.


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Health Grade Components

FDIC Certificate #13290
Year Established1900
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.21%
Return on Equity - YTD12.02%
Annual Interest Income$8.3MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$377.3MM$335.0MM
LoansQ2 2019vs Q2 2018$300.0MM$267.8MM
DepositsQ2 2019vs Q2 2018$328.0MM$285.3MM
Equity CapitalQ2 2019vs Q2 2018$37.6MM$34.0MM
Loan Loss AllowanceQ2 2019vs Q2 2018$5.8MM$5.9MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$3.5MM$5.7MM
Real Estate OwnedQ2 2019vs Q2 2018$0$0
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Always verify rates and promotions with the bank or credit union. We are not Bank of Akron; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Bank of Akron Savings Account Rates

0.75%*-$10kCashBack Saver
OTHER TIERS: 0.20% $10k+
0.20%*$100k*-Statement Savings
OTHER TIERS: 0.10% Up to $25k | 0.15% $25k - $100k
0.15%--Christmas Club Account

Bank of Akron Money Market Rates

0.30%*$500k*-Money Market
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $100k | 0.25% $100k - $500k

Bank of Akron Checking Account Rates

0.05%--Now Account

Bank of Akron CD Rates

2.00%$1k-12 Month CD w/ Relationship
1.85%$1k-24 Month CD w/ Relationship
1.85%$1k-36 Month CD w/ Relationship
1.80%$1k-18 Month CD w/ Relationship
1.75%$500-12 Month CD
1.60%$500-24 Month CD
1.60%$500-36 Month CD
1.55%$500-18 Month CD
1.00%$500-6 Month CD

Bank of Akron IRA Rates

1.75%$500-12 Month IRA
1.60%$500-24 Month IRA
1.60%$500-36 Month IRA
1.55%$500-18 Month IRA
1.00%$500-6 Month IRA

Bank of Akron Locations
Lancaster Office3619 Walden AvenueLancaster, NY 14086
Bank Of Akron46 Main StreetAkron, NY 14001
Akron Branch77 Buell StreetAkron, NY 14001
Clarence Center Branch9470 Clarence Center RoadClarence, NY 14032
Clarence Branch9865 Main RoadClarence, NY 14031
Bank Of Akron - Wilson638 Lake StreetWilson, NY 14172

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