Bank of Akron

Overview / Commentary
46 Main Street
Akron, NY 14001

Bank of Akron is headquartered in Akron and is the 94th largest bank in the state of New York. It is also the 1,917th largest bank in the nation. It was established in 1900 and as of March of 2019, it had grown to 74 employees at 5 locations. Bank of Akron has an A health rating.


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Health Grade Components

FDIC Certificate #13290
Year Established1900
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD11.5%
Annual Interest Income$4.1MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$358.8MM$327.8MM
LoansQ1 2019vs Q1 2018$289.5MM$260.2MM
DepositsQ1 2019vs Q1 2018$308.7MM$283.7MM
Equity CapitalQ1 2019vs Q1 2018$36.4MM$33.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$5.6MM$5.8MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$3.3MM$5.4MM
Real Estate OwnedQ1 2019vs Q1 2018$0$0

Rates for Bank of Akron are currently being reviewed.


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

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