Auburn National Bancorporation, Inc. Elects Two New Directors
March 29 2024 - 11:39AM
Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq:
AUBN), the parent company of AuburnBank (the “Bank”), announced
that Sandra J. Spencer and Michael A. Lawler have been elected
effective March 29, 2024 to the Board of Directors for both the
Company and the Bank.
“We are delighted to have Ms. Spencer and Mr.
Lawler join our team of Directors,” said Robert W. Dumas, Chairman
of the Company and the Bank. “They both bring valuable experience
to our Board.”
Ms. Spencer is currently retired from Auburn
University. Before retiring, Ms. Spencer served as the Director for
the Alabama 4-H Youth Development and Conference Center in
Columbiana, Alabama from 2000 to 2014. Ms. Spencer received her
B.S. in Business Administration from Auburn University and is a
member of Chapter A, P.E.O., a philanthropic organization focused
on the education and advancement of women. Ms. Spencer is the
daughter of E. L. Spencer, Jr., the Company’s former Chairman.
“Ms. Spencer’s extensive experience in
hospitality and customer service along with the relationships she
has developed in the community and with Auburn University make her
uniquely qualified to assist the Company and the Bank with its
commitment to meeting the financial needs of the communities we
serve,” stated Mr. Dumas.
Mr. Lawler is the founder and Chief Executive
Officer of Fullsteam Holdings LLC, a leading payments and software
company headquartered in Auburn, Alabama, that was established in
2018. Prior to Fullsteam, Mr. Lawler, served as an executive
officer and President of the Strategic Markets Group for Heartland
Payment Systems, Inc, (“Heartland”) where he led mergers and
acquisitions and established Heartland in several vertical markets
by acquiring core business software platforms and leading their
growth through continuous product development and payment
integration. Mr. Lawler is a graduate of Auburn University, with a
B.S. in Computer Engineering and a Masters Degree in Computer
Science.
“Mr. Lawler’s background in providing software
and payment solutions for a variety of small business industry
verticals brings valuable insight and knowledge to the Company and
the Bank as the importance of technology in banking continues to
accelerate,” stated Mr. Dumas.
About Auburn National Bancorporation,
Inc.
Auburn National Bancorporation, Inc. (the
“Company”) is the parent company of AuburnBank (the “Bank”), with
total assets of approximately $975 million. The Bank is an Alabama
state-chartered bank that is a member of the Federal Reserve
System, which has operated continuously since 1907. Both the
Company and the Bank are headquartered in Auburn, Alabama. The Bank
conducts its business in East Alabama, including Lee County and
surrounding areas. The Bank operates eight full-service branches in
Auburn, Opelika, Valley, and Notasulga, Alabama. The Bank also
operates a loan production office in Phenix City, Alabama.
Additional information about the Company and the Bank may be found
by visiting www.auburnbank.com.
For additional information, contact:David A. HedgesPresident and
CEO(334) 821-9200
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