Welcome to American Bank's web site!

Dear American Bank, N.A. Customers,

American Bank, N.A. promises to keep your money safe and provide you with the best service, as well as inform you on legislation affecting banking.  The vast majority of banks in this country are safe and sound.  We are proud to announce that American Bank, N.A. has earned a Five-Star Superior rating from Bauer Financial for 30 consecutive quarters.  This Five-Star rating is the highest rating and indicates that American Bank, N.A. is one of the safest in the United States.  Our ratings can be viewed at Bauer Financial ratings www.bankstars.com.

The problems that the large banks and financial service companies are having are the result of the poor underwriting of mortgage loans, which used to be a very conservative process requiring down payments, low debt rations and job stability.  In recent years, those factors have been largely ignored as more and more unqualified (sub-prime) mortgage applicants were approved.  As the economy began to falter and jobs were lost, many of these sub-prime borrowers began to default on their mortgage loans.  And the problem has been exacerbated by exotic investments developed by Wall Street, rising fuel prices and a further deterioration of the economy.  American Bank, N.A. has not been involved with sub-prime mortgage lending or the purchase of investment securities with these types of loans as the underlying collateral.

Congress' recent action to stabilize the financial markets has provided banks with increased federal insurance coverage.  Below are some facts about these changes:

• Your coverage has temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.  FDIC insured accounts include savings and checking accounts, CD's and money-market deposit accounts.

• Banks are required to have significant capital and reserves - that is, rainy day funds for tough economic times.  This is a bank's first line of defense to cover any losses.

• No customer has ever lost a penny in insured deposits when a bank has failed.

• Learn how federal insurance safeguards bank deposits at www.fdic.gov or by contacting any American Bank, N.A. location.

The board of directors, officers and employees are committed to conservative financial policies and diligent risk management practices, allowing us to offer quality service and high level of financial safety and soundness.  Given our financial strength, strong capital position and because American Bank, N.A. is backed by the full faith and credit of the U.S. Government, you can be sure that your money is safe and secure.

Jesse E. Cross,  Chairman

Notice:    American Bank, N.A. is participating in the FDIC's Transaction Account Guarantee Program.  Under this program, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount of the account.  This coverage is in addition to, and separate from, FDIC deposit coverage under the FDIC's general deposit insurance rules.

Scam Alert:   If you received the following text message on your cell phone from an unknown source: "American National Bank Alert: Your CARD has been DEACTIVATED. Please contact 817-886-8996 to REACTIVATE your card"

DO NOT CALL THE NUMBER - DISREGARD THE MESSAGE - American Bank, N.A. did not originate that message. If you have any questions, contact the nearest American Bank branch.   Again, do not call the number listed.

 

American Bank Customers  - 

Do you know about our Internet Banking and Online Bill Pay products?  Click here for more information.     Internet Banking & Bill Pay Services

To report a lost or stolen American Bank Debit Card - call 1-800-887-9622 and then notify the nearest American Bank location.

Check your balance with our 24 / 7 TeleBank Service.  Our TeleBank number is 817-741-2017.

MasterCard SecureCode Program  is now in available to American Bank debit card holders.  Each cardholder can create a unique password, known only to the cardholder, which is associated with the cardholder's account.  This password is stored in our database, and when shopping at a participating Internet merchant, the cardholder will be required to enter this password in order to complete a purchase.  Click the MasterCard icon to enroll

 

American Bank does not request confidential information through email. Please report any such requests to Richard Zalko, Operations Officer. Contact rzalko@bankanb.com

The American Bankers Association has learned it is the target of phishing scam similar to ones experienced recently by the FDIC and various financial institutions. The ABA would like to make customers aware of this scam. Please refer to our "Valuable Links" page for more information.