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EVBN Stock - Evans Bancorp Inc.


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Evans Bancorp Inc. logo

Evans Bancorp, Inc. serves as the principal financial holding company for Evans Bank, N.A., delivering a comprehensive suite of banking products and services to both individual and business customers across Western New York and the Finger Lakes Region of New York State. The company operates through two primary segments: Banking Activities and Insurance Agency Activities.

Under its Banking Activities segment, Evans Bancorp offers a diverse range of deposit products including checking, savings, and certificate of deposit accounts. It provides a variety of lending solutions such as residential mortgages, commercial loans, home equity lines of credit, and consumer loans for automobiles, recreational vehicles, and home improvements. The company also extends commercial construction loans and specializes in commercial and industrial financing.

Additionally, Evans Bancorp operates an Insurance Agency Activities segment, where it sells premium-based insurance policies covering business, personal, employee benefits, and various forms of risk management. The company's insurance services further encompass life, disability, and long-term care coverage, supported by claims adjusting services for insurance companies.

Headquartered in Williamsville, New York, Evans Bancorp manages a network of 21 full-service banking offices strategically located in Erie, Niagara, Monroe, and Chautauqua counties. Founded in 1920, the company has established a robust presence in its regional markets, offering non-deposit investment products such as annuities and mutual funds to complement its core banking and insurance offerings. Evans Bancorp continues to uphold its commitment to financial stability and community-centric banking services tailored to meet the diverse needs of its clientele.

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Stock Sector: Banking: Northeast Banks

 

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