CONTACT: Mark W. Jaindl, President and Chief Executive Officer
Allentown, PA, September 25, 2007
American Bank (OTC BB: AMBK.OB) today announced that e-Deposit, their remote deposit capture solution, is now available to business customers. E-Deposit allows business customers to make electronic check deposits utilizing a desktop scanner that is connected to their computer and the Internet. Business customers can sign-on to e-Deposit, scan the checks and transmit them to American Bank for deposit.
President and CEO Mark Jaindl stated, “At American Bank, we understand that our business customers’ time is limited. That’s why we provide products and services like e-Deposit that will make their banking experience quick, easy and convenient. A unique service like e-Deposit allows them to deposit checks without ever having to leave their office and deposits can be made when it’s convenient for them, at any time of day and as many times throughout the day as they wish.”
Jaindl continued, “We hope all of our business customers take advantage of the benefits that go along with e-Deposit, including fewer trips to the bank, next day availability of most funds, the security of submitting your deposits electronically and the elimination of extra paperwork.”
Existing American Bank business customers or any business interested in learning more about e-Deposit can schedule a free on-site demonstration of the service by contacting a member of the American Bank Business Banking team at 610-973-8144.
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.