AUBURN, Ala., May 13, 2008 (PRIME NEWSWIRE) -- On May 13th, 2008, the Board of Directors of Auburn National Bancorporation, Inc. (Nasdaq:AUBN) declared a second quarter $0.185 per share cash dividend, payable June 25th, 2008 to shareholders of record as of June 10th, 2008. This represents a 6% increase over dividends declared for the second quarter of 2007. On an annual basis, the cash dividend paid to shareholders has increased in 12 of the last 13 years.
About Auburn National Bancorporation, Inc.
Auburn National Bancorporation, Inc. (the "Company") is a bank holding company with total assets of approximately $729 million. AuburnBank (the "Bank"), the Company's principal subsidiary, is an Alabama state-chartered bank that is a member of the Federal Reserve System and 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 full-service branches in Auburn, Opelika, Hurtsboro and Notasulga, Alabama. In-store branches are located in the Auburn and Opelika Kroger stores, as well as Wal-Mart SuperCenter stores in Auburn, Opelika, and Phenix City, Alabama. Mortgage loan offices are located in Phenix City, Valley, and Mountain Brook, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com.
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