American Bank Online Enhances the Functionality of PC Banker, the Premier Real-Time Internet Banking Service

CONTACT: Mark W. Jaindl, President and Chief Executive Officer
Allentown, PA, May 15, 2000

American Bank Online today further enhanced the functionality of PC Banker, its popular real-time Internet banking service.

Online customers of American Bank now enjoy powerful search and query capabilities for both loan and deposit accounts, including searching by transaction type, listing transactions in date or amount order, listing transactions by date range or a specified number of days, searching for a specific check, or finding transactions based on amount.

Personal and business customers also have the option to view detailed information about their deposit and loan accounts, including statement, billing, payment and maturity dates, as well as up-to-date figures for current and prior year interest. Customers may also access expanded funds availability information for checking and money market accounts.

In addition, PC Banker now offers the ability to place a stop payment request against any personal or business checking account, 24 hours a day, 7 days a week.

Personal customers continue to enjoy the advantage of free Online Bill Payment, with tremendous flexibility to select from an extensive list of standard payees or create custom payees for their exclusive use. Business customers may elect to request Wire Transfers on a real-time basis, with rapid confirmation in a secure environment.

Mark Jaindl, President and CEO, said that “real-time Internet banking allows our customers to access American Bank and perform their banking functions when and where they want.” “With the introduction of these strong enhancements, our customers continue to enjoy the flexibility of a state-of-the-art online banking service, backed by a premier level of personal and attentive customer service.”

In 1998, American Bank launched the initial release of PC Banker that enabled customers to access their deposit account balances, review account transactions, transfer funds between deposit accounts and manage their access security, all on a real-time basis.

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.