Special to the
Opelika Observer
AuburnBank is pleased to share plans to redevelop their headquarters, which has been a staple of downtown Auburn for 112 years.
The redevelopment project will combine the existing, aging facilities into a new building to serve their customers, the community and accommodate for future growth.
The redevelopment of their headquarters will ensure continued dedication to customers, employees, shareholders and the Auburn community.
AuburnBank is building for future growth and to help meet the rapidly evolving needs of their customers.
In addition to redeveloping the downtown headquarters, they have reached a preliminary agreement to sell some of their existing land at the corner of Burton Street and East Magnolia Avenue to a prominent hotel development company on which they plan to develop a full- service boutique lifestyle hotel. They believe this development will be a great addition to the site and a unique opportunity for downtown Auburn.
The administration and staff know there will be a lot of questions as they finalize details around this redevelopment project.
There will be more information coming forth in approximately three months following a feasibility study and ongoing planning with the developer. As this initiative moves forward, they will share regular updates as appropriate and continue to provide the same quality service their customers have come to know and expect.
About AuburnBank
AuburnBank (the “Bank”) is a subsidiary of Auburn National Bancorporation, Inc., a one-bank holding company with total assets of approximately $835 million. The bank has been operating continuously since 1907 when it was established as the first financial institution in Auburn.
Including its main office located in downtown Auburn, the bank operates eight full-service branch locations in Auburn, Opelika, Valley and Notasulga. The bank also operates loan production offices in Auburn and Phenix City.
AuburnBank is a member of the FDIC and an equal housing lender.
Additional information about the bank may be found by visiting www.auburnbank.com.