CONTACT: Mark W. Jaindl, President and Chief Executive Officer
Allentown, PA, February 26, 2014
American Bank Incorporated (OTC: AMBK), the parent company of American Bank, is pleased to announce that it has been selected as the #1 Top Workplace in the Lehigh Valley by the Morning Call.
The Top Workplaces are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics, LLP, a leading research firm on organizational health and employee engagement. WorkplaceDynamics conducts regional Top Workplaces programs with 40 major publishing partners across the United States. Over the past year, more than 5,000 organizations and 1 in every 88 employees in the U.S. have turned to WorkplaceDynamics to better understand what’s on the minds of their employees. Through its workplace improvement offerings, WorkplaceDynamics provides solutions, training and tools to help clients improve their workplace.
American Bank’s emphasis on family and team members is one of the primary reasons that the Bank attained its #1 ranking this year. This is the second year in a row that the Bank has made the list, being ranked #2 among small companies on the list last year.
President and CEO Mark Jaindl stated, “We are so happy to be ranked #1 among employers across the Lehigh Valley. Our team members are dedicated to our customers, the community and each other. They are committed to the success of American Bank and they are the reason that we have achieved this great honor.”
In addition, President and CEO Mark Jaindl was given a special Leadership Award for receiving the highest ranking in specific leadership categories among those surveyed.
American Bank Incorporated common stock last traded at $7.51 per share. American Bank Incorporated Series A preferred stock (AMBKO) last traded at $6.00. American Capital Trust I Preferred Securities last traded at $9.50.
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.