American Bank Online Debuts Newly Designed Web Presence

CONTACT: Mark W. Jaindl, President and Chief Executive Officer
Allentown, PA, April 10, 2000

American Bank Online today introduced a completely redesigned web presence.

“Our web site has always provided prospective and current customers with a wealth of information about the Bank and its services,” stated Mark Jaindl, President and CEO. “However, we believe that real-time online banking must be as efficient and user-friendly as possible, and our newly designed web site demonstrates our commitment to find and implement ways to improve American Bank Online.”

American Bank Online includes a tremendous level of enhanced functionality. Most notable is the ability to perform “one click” browsing from any page, to any page within American Bank Online. Customers will also find shortcuts to frequently-accessed pages from any location within the web site. In addition, interactive online account applications have been streamlined to enhance the online banking experience, and customers will find quick access to both deposit and loan rates.

“Our customers also have the ability to reorder checks online,” stated Mr. Jaindl. “We value the feedback of our customers, and we will continue to expand and enhance American Bank Online based on their needs.”

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® 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, 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.