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1700 Rockville Pike
Rockville, MD 20852

American Bank (MD) is headquartered in Rockville and is the 24th largest bank in the state of Maryland. It is also the 1,582nd largest bank in the nation. It was established in 1983 and as of March of 2014, it had grown to 208 employees at 6 locations. American Bank (MD)'s savings rates are 44% higher than the national average, and it has a B+ health rating.

Reviews (2)

I Refused V.A. Loan - Then Was Told I Was Denied?

 I was told by Amicercan bank in MD. that I could get a Refinance V.A. home loan for a very good rate and the cost to me would be only $269.00 - After a few weeks, Rate was not that good 4.25% with APR of 4.4%-$1500. would be added to Prinicipal of loan. I refused the loan because it did not help me. My % rate is 4.75 now. I was called several times by the bank to try and get me to change my mind. -- A few weeks later I received a letter from the bank stating I had been denied the a loan because the loan would not help me. Hey I refused the loan-- Why did I get a letter saying the bank refused me???-- I Reported the bank to V.A. home loan Dept. because of the pessure I received by bank loan personell to to accept the 4.4% loan. Then a letter saying I was refused the loan.   

Mortgage Operations

I started a mortgage application with American Bank and eventually closed with another lender as they were too aggressive and their rates were not competitive in the given marketplace. The Loan Officer, out of Indianapolis, was very informative, but claimed that the senior management was the precursor to the non-competitive rate environment. He said he wished he could help, but his hands were tied. I spoke to a manager at the Indianapolis office, but he just tried to talk over me and basically said good luck with another lender.

I choose to go with another lender and found a better deal by almost a full percent and less closing costs. Seems like American Bank is yet another mortgage company trying to make a killing on each loan.

My advice...check your options as I am certain almost everyone can find a better deal out there.

Concerned client


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 American Bank (MD) had $10.73 million in non-current loans and owned real-estate with $50.82 million in equity and loan loss allowances on hand to cover it. This gives American Bank (MD) a Texas Ratio of 21.11% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for American Bank (MD) decreased dramatically from 35.74% as of March 31, 2013 to 21.11% as of March 31, 2014, resulting in a positive change of 40.93%.This indicates that the balance sheet and financial strength for American Bank (MD) has improved dramatically in recent periods.

Deposit Growth


In the past year, American Bank (MD) has decreased its total deposits by -$8.28 million, resulting in -2.79% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth American Bank (MD) has shown is below average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. American Bank (MD) has $426.05 million in assets with $50.82 million in equity, resulting in a capitalization level of 11.93%, which is excellent.

Institution Statistics

FDIC Certificate #32328
Year Established1983
Primary RegulatorOCC
Assets and Liabilities
Assets$426.05 million
Loans$187.97 million
Deposits$288.45 million
Equity Capital$48.23 million
Loan Loss Allowance$2.59 million
Unbacked Noncurrent Loans$8.98 million
Real Estate Owned$1.75 million
Historic Data - March 2013
Assets$433.23 million
Equity Capital$47.74 million
Loan Loss Allowance$2.53 million
Unbacked Noncurrent Loans$8.98 million
Real Estate Owned$4.41 million
Profit Margin - Quarterly
Net Interest Margin2.08%
Return on Assets0.43%
Return on Equity3.79%
Interest Income$3.13 million

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American Bank (MD) Savings Account Rates

0.75%--Kids Club
0.60%$75k-Investment Comm Sweep
0.40%--Holiday Club
0.20%$100-Statement Savings

American Bank (MD) Money Market Rates

0.60%$75k-Money Market
0.60%$75k-Commercial Money Market

American Bank (MD) Checking Account Rates

1.00%$1k-IOLTA - MD
0.10%--Totally Free Checking

American Bank (MD) CD Rates

1.35%$2k-60 Month CD
1.10%$2k-48 Month CD
0.95%$2k-36 Month CD
0.85%$2k-30 Month CD
0.75%$2k-24 Month CD
0.65%$2k-18 Month CD
0.50%$2k-12 Month CD
0.25%$2k-6 Month CD

American Bank (MD) IRA Rates

1.35%$500-60 Month IRA
1.10%$500-48 Month IRA
0.95%$500-36 Month IRA
0.85%$500-30 Month IRA
0.75%$500-24 Month IRA
0.65%$500-18 Month IRA
0.50%$500-12 Month IRA

American Bank (MD) Locations
K Street Branch1301 K St NWWashington, DC 20005
American Bank1700 Rockville PikeRockville, MD 20852
Montgomery Lane Branch4801-A Montgomery LaneBethesda, MD 20814
Connecticut Branch5600 Connecticut Avenue, N.W.Washington, DC 20015
Georgia Ave Branch8630 Georgia AveSilver Spring, MD 20910