Company Information

Get to know Bank of Akron

Founded in 1900, Bank of Akron operated as an independent community bank dedicated to serving the financial needs of individuals, families, and businesses in Western New York, particularly in Erie and Genesee counties. The bank focused on building long-term customer relationships by offering a range of services including personal and business checking and savings accounts, mortgages, and various loans. In June 2021, Tompkins Financial Corporation announced the acquisition of Bank of Akron, which was officially merged into Tompkins' subsidiary, Tompkins Community Bank, in the first half of 2022. All Bank of Akron branches now operate as Tompkins Community Bank locations.

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Bank of Akron

United States

Founded in

01 Jan 1900 (126 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.