CONTACT: Mark W. Jaindl, President and Chief Executive Officer
Allentown, PA, December 14, 2012
American Bank Incorporated (OTC BB: AMBK), the parent company of American Bank, is pleased to announce that it is ranked #18 among the top small/medium employers in the state, according to the thirteenth annual Best Places to Work in PA awards program.
This program evaluates and ranks the best places of employment in the State based on employee satisfaction and engagement, as well as workplace practices and policies. The Best Places to Work in PA includes two groups of companies: 71 small/medium-sized firms with 25-249 employees and 29 large-sized companies with 250 employees or more. The top 100 companies were honored during an awards ceremony at the Lancaster County Convention Center on November 29th.
President and CEO Mark Jaindl stated, “We are extremely proud to be ranked #18 among the top employers in Pennsylvania. It is an honor to receive this recognition and reflects the quality of the American Bank organization. American Bank is fortunate to have such an outstanding group of individuals, who together, are a fantastic team. Our team members believe in American Bank and look forward to serving our customers and community each and every day.”
For more information on the Best Places to Work for in Pennsylvania program, please visit http://bestcompaniesgroup.com. The Best Places to Work in PA program is a partnership between Team PA Foundation, The Department of Community and Economic Development, PA SHRM and the Central Penn Business Journal. The 2012 program was sponsored by Team PA Foundation, ParenteBeard, Wells Fargo, Saul Ewing LLP, Capital BlueCross, Comcast Business Class, Comcast Spotlight, Purpose1, LLC and Global HR Research.
American Bank Incorporated common stock last traded at $7.00 per share. American Bank Incorporated Series A preferred stock (AMBKO) last traded at $6.00. American Capital Trust I Preferred Securities last traded at $7.75.
About American Bank
American Bank is a locally-owned community bank based in Allentown, PA. American Bank is recognized as a 5-Star Superior rated financial institution (the highest rating possible) by Bauer Financial Inc., designating it as one of the strongest banks in the nation as well as being named one of the safest banks in the nation by MSN Money. American Bank was ranked #1 by the Morning Call’s Top Workplaces in the Lehigh Valley and has been named one of the Best Places to Work in Pennsylvania.
American Bank offers a complete selection of banking products and services to suit the needs of consumers and businesses and includes checking, money market, savings, certificates of deposit, consumer and commercial loans and Visa credit cards. Dedicated to providing customers superior, personalized customer service, American Bank also offers some of the best loan and deposit rates available and as a result, for the past 12 years, has received the Bankrate.com® Top Tier award for consistently offering annual percentage yields (APYs) that were among the highest reported. Their online banking service, AmericanBank Online, which is accessible from the Bank’s website at AMBK.com, allows customers to bank conveniently and delivers a full range of real-time online banking services free of charge including online bill payment and presentment, ACH Direct, transfers between accounts, transaction history, check images and e-Statements. In addition, both consumer and business customers can bank on the go using mobile banking which includes mobile deposit. American Bank is FDIC insured and is an Equal Housing Lender.
AmericanBank Online is a registered trade mark for the Internet financial services provided by American Bank, a state-chartered, FDIC-insured, full-service financial institution serving customers throughout the United States. American Bank is a member of the Federal Reserve System.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release regarding American Bank's business which are not historical facts, including expectations regarding future financial results, are "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from such statements.