Why did we change our name?
In 2017, we assessed our bank charter and how it impacts the communities we serve. After careful consideration, The American National Bank Board of Directors approved the plan to begin the process of changing from a nationally chartered bank to a state chartered one. With this move, the bank is now better aligned with its mission of impacting the communities we serve.
The one major change that you, our valued customers, will see is a slight change in our bank name. By no longer being a nationally chartered bank, that also means that we can no longer display national in our bank name. When considering our option for the new name, one item was clear - we wanted to maintain some of our heritage - while reaffirming our commitment to you - our customers. The name that was chosen was American Bank, a subtle change that still allows us to stay true to our roots.
Rest assured we were not sold, did not merge and your account information did not change. We are still the same locally owned, community bank you have come to know and trust.
How does this affect me, the customer?
The simple answer is it really doesn't! We've updated our branding, but your accounts will go unchanged. Account numbers, checks, debit cards, account features and online/mobile banking services will all continue as they were prior to April 3 (the date of the name change).
Are my account numbers changing?
No, all account and loan numbers are the same as they were prior to April 3 and feature the same great benefits you experienced previously. The bank's routing number is also the same. This means there is no need to update any Direct Deposit or Automatic ACH transactions you may have.
Do I need to order new checks?
No, you can continue to use any checks that bear The American National Bank logo and/or name that you currently have until your supply is gone. This ability is made possible because there are no account or routing number changes taking place.
Just note that as you reorder checks after April 3, these checks will have the new name and logo on them.
Can I continue to use my debit/ATM cards?
Yes, your current debit and/or ATM cards will continue to work as it did prior to April 3 - there will be no need to reset pin numbers.
When your card(s) expire and are reissued, you will notice the new logo and name when you receive your new one(s).
Did my online and/or mobile banking credentials change?
No, you will still be able to access our great online and mobile banking applications without any changes to user names or passwords. When logging in for the first time after April 3, you will notice the new name, updated colors and the new logo, but other than that, everything will be as it was before.
Our website address, however, has changed to www.americanbankbd.com. If you have the old web address (www.anbnet.com) bookmarked in your favorites, be sure to update this link.
Are outstanding Cashier's Checks and Money Orders from The American National Bank still be good?
Yes, as with the personal checks, Cashier's Checks and Money Orders issued by the bank will continue to have the same bank information and will continue to work as they previously did.
As you purchase Cashier's Checks and Money Orders now, you will notice the new name and logo appear on them.
Are my accounts still protected by FDIC Deposit Insurance?
Yes, accounts continue to be insured by the Federal Deposit Insurance Corp. (FDIC) under the full faith and credit of the United States government.
The bank's FDIC status has the updated American Bank name, but will continue to have all coverages.