AuburnBank is a standard brick and mortar bank with a good amount of account options to explore. To find out if AuburnBank is right for you, continue reading the review below.
They have pretty affordable accounts and low minimum deposit requirements. They accounts are easy to maintain, but some things may lack in variety.
However, they do offer rebates rather than just waiving the monthly fees.
Checking Account Options
AuburnBank has a great selection of checking accounts that all offer pretty good benefits.
This is a rewards checking account, so, that means you will receive a AuburnBank Debit Card that you can earn cash back on.
You can get up to .25% cash back if your total purchases equal to $250 each statement cycle.
You can also waive the monthly fee of $8 if you maintain a daily balance of at least $1,000. In addition to that, you will get that $8 back.
For more information regarding how to earn rewards, please click here.
This is AuburnBank’s standard checking account.
To rebate the $8 monthly fee, you will need to maintain a daily balance of $1,500.
This is an interest bearing account.
You can rebate the $12 monthly fee if you maintain a balance of $1,500.
This checking account earns premium interest rates on the first $25,000 spent.
You will have to maintain an average of $5,000.
Compare Checking Accounts
 • New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit • Access to more than 16,000 Chase ATMs and more than 4,700 branches • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • Open your account online now • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. • Chase Overdraft AssistSM – no overdraft fee if you’re overdrawn by $50 or less at the end of the business day or if you’re overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day* *With Chase Overdraft AssistSM, we won't charge an Insufficient Funds Fee if you're overdrawn by $50 or less at the end of the business day OR if you're overdrawn by more than $50 and you bring your account balance to overdrawn by $50 or less at the end of the next business day (you have until 11 PM ET (8 PM PT) to make a deposit or transfer). Chase Overdraft Assist does not require enrollment and comes with eligible Chase checking accounts. |
Savings Account Options
AuburnBank has a small variety of savings accounts, but they have low minimum opening deposit and low requirements.
You need at least a $100 deposit to open this account. Interest can be earned on all balances.
This is open for 18 years old and under.
The account will convert to a Regular Savings account when the child turns 19.
Compare Savings Accounts
 Open a Discover Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code HMB223 by 06/15/2023 • Earn high interest rate of 3.60% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code HMB223 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 6/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. |
 With the American Express® High Yield Savings Account: • Earn 3.75% APY as of 3/16/23 on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • 24/7 Account Access |
 • Earn up to 0.61% APY with interest compounded daily and no monthly fees with the Axos Bank High Yield Savings account • No minimum balance requirements • Free ATM card upon request • $250 minimum opening deposit • Free Incoming Wires |
Money Market Account Options
Money Market accounts allow for a higher yield and gives access to your funds with either checks or a bankcard.
AuburnBank has one money market that earns tiered interest rates.
AuburnBank Money Market:
- Open this account with $2,500
- Waive the $9 monthly fee by keeping a minimum daily balance of $2,500
- Interest is credited monthly
- eStatements
- Up to 6 checks/debit items per month
- Online banking and mobile banking
Compare Money Market Accounts
 • Get started and open a Discover Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.55% APY balances $100,000 and over • Earn 3.50% APY balances under $100,000 • Open with as little as $2,500. • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
 With the CIT Bank Money Market Account, you can earn a competitive interest rate and access your money easily. • Earn 1.55% APY on your funds • One of the nation's top rates — several times the national average. • Get up to 6 digital transfers/withdrawals per statement cycle • Save smart and get more for your money • Higher rates than traditional banks • Get 24/7 Account Access • Secure banking features • Open with as little as $100 • FDIC insured |
Reasons to Bank with AuburnBank
- Most of their accounts are completely free to open when you open them online.
- They have reasonable minimum balance requirements for the accounts that do have them.
- Different than most banks, AuburnBank will refund your monthly fee if you meet any of their requirements.
- All their accounts may come with similar benefits, but they are still pretty decent.
- They have a youth savings account.
- Conduct all your banking online (recommended) or through the AuburnBank mobile app.
Reasons Not to Bank with AuburnBank
- Their customer service is not 24 hours.
- They could have higher interest rates on certain accounts.
- If you prefer opening accounts at a physical branch, then you will have to pay the opening deposit requirements. It is recommended that you open all your accounts online if possible.
- They have a low variety of savings accounts compared to their checking accounts.
AuburnBank Routing Number
The routing number for AuburnBank is 062202574.
Contact Customer Service
You can reach AuburnBank at 1-(888)-988-2162.
A customer representative will be available to speak to you at these hours:
- Monday–Friday: 8 a.m. to 5 p.m.
How AuburnBank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- Huntington Bank: Huntington offers a variety of account options to choose from. Right now, Huntington is offering bonuses when you sign up for select checking accounts, including business ones!
- PNC Bank: PNC Bank offers free access to PNC Bank ATMs, free mobile/online banking, reimbursement of PNC fees for use of non-PNC ATMs, and many other features that can be found on their website. They have several account options.
Bottom Line
The best thing about AuburnBank is that they can rebate your the monthly fee rather than just waive it. You can also earn cash back along with rebates when you apply for the Rewards checking account.
However, keep in mind that when you look for a checking or savings account be sure to look into all the fees charged. Don’t focus on the interest rate alone, but on what the account will cost you overall.
If you’re interested in banking with AuburnBank, then apply today! For more options from a variety of banks, see our list of the best bank promotions!