American Bank, Inc. (AMBK)

Overview

American Bank Incorporated, serving as the holding company for American Bank, offers a broad spectrum of banking services tailored to meet the needs of customers ranging from individuals and businesses to institutions and government entities. Established in 1997 and headquartered in Allentown, Pennsylvania, the company leverages its deep industry expertise and local market knowledge to deliver high-quality financial solutions. With a strong focus on community-based banking, American Bank Incorporated operates a branch in Allentown, Pennsylvania, and a loan production office in Blue Bell, Pennsylvania, ensuring a personalized banking experience that is both comprehensive and accessible.

Products and Services

American Bank Incorporated provides an extensive array of banking products and services designed to cater to the diverse financial needs of its customers. These include:

• Interest-Bearing Accounts: The bank accepts various interest-bearing accounts including checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts, offering customers a safe and effective way to manage and grow their money.
• Commercial Loans: It offers an array of loan products including commercial and industrial loans, commercial mortgage loans, and commercial construction loans, designed to support the growth and operational needs of businesses.
• Residential Mortgage Loans: Customers looking to buy or refinance a home can benefit from the bank's residential mortgage loans, tailored to meet individual financing needs.
• Consumer Loans: American Bank provides personal term loans, personal credit lines, automobile loans, home equity loans, and home equity lines of credit, enabling consumers to finance their personal needs with flexible repayment options.
• Online and Mobile Banking: To ensure convenience and accessibility, the bank offers online and mobile banking services, allowing customers to manage their accounts, transfer funds, and perform other banking tasks from anywhere at any time.
• Additional Services: The bank also provides several ancillary services including automated teller machine (ATM) access, safe deposit box rental, wire transfer services, and the sale of checks and checkbooks. Furthermore, it engages in the purchase of investment securities, supporting its investment management capabilities.