CONTACT: Mark W. Jaindl, President and Chief Executive Officer
Allentown, PA, May 03, 2005
American Bank, Inc. (NasdaqSC: AMBK) and its wholly owned subsidiary, American Bank, today announced the addition of John F. Eureyecko and John W. Galuchie, Jr. to its Board of Directors.
Mr. Eureyecko is President and Chief Executive Officer of Belhaven Capital Group, Inc., which owns and operates residential and commercial properties in the Lehigh Valley. Mr. Eureyecko was formerly President and Chief Operating Officer of Piercing Pagoda, Inc. Mr. Eureyecko holds a Bachelor of Arts degree in Accounting and Finance from Moorhead State University and a Master of Business Administration from Lehigh University. Mr. Eureyecko is also a member of the WLVT TV 39 Board of Directors, Moravian Academy Board of Trustees, The Hillside School Finance Committee and American Home Partners Board of Directors. He is also Chairman of the Northampton County Community College Foundation Board and has established the Eureyecko Family Scholarship Fund at the College.
Mr. Galuchie is President and Chief Operating Officer of T.R. Winston & Company, LLC, a registered securities broker-dealer in Bedminster, New Jersey. Mr. Galuchie holds a Bachelor of Science degree in Business and Economics from Lehigh University and is a Certified Public Accountant. Mr. Galuchie is also Chairman of General Devices Inc. and Director and Treasurer of the Tenant-In-Common Association, an industry organization.
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.