Evans Bancorp

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Evans Bancorp is a financial holding company that operates through its subsidiary, Evans Bank. The company was founded in 1920 and is headquartered in Hamburg, New York. Evans Bank offers a range of banking products and services to individuals, businesses, and municipalities in Western and Central New York.
Evans Bancorp is a publicly traded company and is listed on the New York Stock Exchange under the ticker symbol EVBN. The company is recognized for its strong financial performance and has received numerous awards and accolades, including being named one of the Top 100 Best Companies to Work For by Fortune magazine.
In addition to traditional banking services, Evans Bank also offers wealth management, insurance, and employee benefits services through its subsidiaries, Evans Investment Services and The Evans Agency. The company has a strong commitment to its local communities, supporting various charitable organizations and community initiatives.
Overall, Evans Bancorp is a reliable and reputable financial institution with a long history of serving its customers and communities.

1. Long-standing History: Evans Bancorp has been in business for 100 years, making it one of the oldest financial institutions in New York State.
2. Strong Local Presence: The company is deeply rooted in the communities it serves, with a majority of its employees and customers being local residents.
3. Personalized Services: Unlike larger national banks, Evans Bancorp prides itself on providing personalized and customized financial solutions to meet the unique needs of its clients.
4. Focus on Relationship Banking: The company places a strong emphasis on developing long-term relationships with its customers, rather than just transaction-based banking.
5. Strong Financial Performance: Evans Bancorp consistently ranks high in profitability and stability measures, making it a reliable and trusted financial partner.
6. Diversified Business Model: The company offers a wide range of financial services, including commercial banking, personal banking, wealth management, and insurance, providing customers with a comprehensive suite of solutions.
7. Commitment to Community: Evans Bancorp is committed to supporting the communities it serves through philanthropic initiatives and volunteerism, demonstrating its dedication to making a positive impact on society.
8. Experienced Leadership: The company’s executive team has extensive experience in the financial industry, bringing a wealth of knowledge and expertise to the organization.
9. Innovative Approach: Evans Bancorp leverages technology and digital solutions to enhance the customer experience and improve efficiency, while still maintaining a personal touch in its services.
10. Strong Corporate Culture: The company values transparency, integrity, and teamwork, which are reflected in its corporate culture and employee satisfaction.

The business model of Evans Bancorp is that of a financial holding company that provides a range of banking and financial services to individuals and businesses. This includes traditional banking services such as deposits, loans, cash management, and investment services. They also offer wealth management, insurance, and employee benefit services through their wholly-owned subsidiaries. Evans Bancorp primarily generates revenue through the interest income from loans and investments, as well as fees from various financial services. They aim to be a trusted partner and provide personalized financial solutions to meet the unique needs of their customers.

1. Evans Bancorp, Inc is a financial holding company headquartered in Hamburg, New York, United States. It is the parent company of Evans Bank, N.A., a full-service community bank founded in 1920.
2. The bank was originally known as the “Mrs. Evans Private Bank” and was founded by D. Edgar Evans, a prominent local businessman who saw the need for banking services in the growing community.
3. Evans Bancorp, Inc. went public in 1984 and began trading on the NASDAQ under the ticker symbol EVBN.
4. Today, Evans Bancorp, Inc. is traded on the New York Stock Exchange (NYSE) under the ticker symbol EVBN.
5. Evans Bank operates 17 branches throughout Western New York, and has assets of over $1.4 billion.
6. In addition to traditional banking services, Evans Bank offers investment, insurance, and employee benefits services through its subsidiaries.
7. The bank has a strong commitment to community involvement and has been recognized for its philanthropic efforts, including the National Philanthropy Day Award and the Corporate Citizen of the Year Award from the Amherst Chamber of Commerce.
8. In 2019, Evans Bancorp, Inc. was named a Forbes Best Bank, ranking 33rd out of 100 banks on the list.
9. In 2020, Evans Bancorp, Inc. was named one of the best companies to work for in New York State by the Best Companies Group.
10. The Chairman of the Board of Directors of Evans Bancorp, Inc. is John R. O’Brien, who has been with the company for over 45 years.
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