Central Bank of Audrain County was founded in 1883 as a local bank dedicated to serving the people in the surrounding communities. It remained true to its community focus even when it merged with Central Bancompany in 1977. The merger allowed Central Bank of Audrain County to widen its array of services and solutions while retaining the local decision-making that had come to characterize its operation.
Through all the change, Central Bank of Audrain County has prided itself on its involvement in the communities it serves. This commitment became so apparent that Central Bank of Audrain County was given the highest rating for Community Reinvestment Act compliance. Also testifying to its community-oriented focus is the level of locally generated loans, exceeding 76% of its total investable funds. As one final testament to its community orientation, Central Bank of Audrain County directors, officers, and employees may be found in leadership roles in innumerable local charitable, governmental, service and nonprofit organizations.
At the same time, Central Bank of Audrain County maintains a solid capital base to support its investment activities. The Federal Deposit Insurance Corporation has consistently awarded its "well-capitalized" rating to the Bank and its Central Bancompany affiliates.
As Central Bank of Audrain County moves into the future, they plan on continuing their service to the community through dedicated professionals and with a foundation grounded in financial prudence, thoughtful foresight and innovative products.
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