Ambler Savings Bank


Overview / Commentary
215-646-8400
155 E Butler Ave
Ambler, PA 19002

Ambler Savings Bank is headquartered in Ambler and is the 82nd largest bank in the state of Pennsylvania. It is also the 1,778th largest bank in the nation. It was established in 1899 and as of June of 2022, it had grown to 56 employees at 9 locations. Ambler Savings Bank has an A+ health rating.

Reviews (2)

Ambler Savings Bank Experience.

Posted by: |

I went to this bank to open a new account on a Saturday. I showed up about an hour before the closing time. I mentioned to someone behind the counter that I was there to open a new account, and they told me to wait. I proceeded to sit for close to 50 minutes in the lobby, just waiting and looking at various people coming and going, making deposits and other typical bank businesses. Finally, at around closing time, I was called to the back. The bank clerk who dealt with me was apologetic, apparently opening an account required more work or qualification than the typical clerk behind the counter can offer.

Despite the clerk's apologies, I was annoyed at the wait. A short while into the process of opening an account, when we were filling the paper work, she started eating - eating french fries with bits of ketchup on them, in fact. Once again the clerk was apologetic, she stated that it was past her lunch time and she didn't have breakfast to begin with. I didn't complain and acted understanding, since at this time the bank has already closed. This clerk has stayed past closing time to get my account opened, and she did seem sympathetic at the extra time I had to wait in the beginning. Still, the behavior was not very professional.

At the end, the clerk did help me open up a new account at their bank. I understand she probably did go above and beyond in her own ways to help me. I was annoyed at the experience, but I did continue to bank there.

Long Time Customer (30+ Years)

I had been using Ambler Savings for as long as I can remember and never had any issues with them until around 2019. My card and account were constantly being frozen and I had to call to have it unfrozen. When I did call in I was given very poor customer service and going to the building felt like I was being sent to the principal's office. Everyone that worked there was unpleasant, condescending, and rude in both their speech and demeanor. It wasn't always like this and because of how bad my experience has been lately, I went to the main building today and closed out my accounts.



Health
A+

Health Grade Components

Overall
FDIC Certificate #28701
Year Established1899
Employees56
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD7.74%
Annual Interest Income$7.8MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$484.9MM$475.8MM
LoansQ2 2022vs Q2 2021$298.4MM$311.4MM
DepositsQ2 2022vs Q2 2021$415.9MM$391.7MM
Equity CapitalQ2 2022vs Q2 2021$50.3MM$59.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$2.7MM$2.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$726.00K$2.5MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Ambler Savings Bank are currently being reviewed.

Locations


Ambler Savings Bank Locations
Foulkeways Branch1120 Meetinghouse Rd.Gwynedd, PA 19436
Ambler Savings Bank155 E Butler AveAmbler, PA 19002
Fairview Village Office3009 W Germantown PikeJeffersonville, PA 19403
Meadowood Branch3205 Skippack PikeLansdale, PA 19446
Limerick Branch438 West Ridge PikeLimerick, PA 19468
Normandy Farms Branch9000 Twin Silo DriveBlue Bell, PA 19422
Rydal Park Branch1515 The FairwayJenkintown, PA 19046

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