American Bank of Oklahoma: A Comprehensive Overview

When it comes to financial institutions in the state of Oklahoma, the American Bank of Oklahoma is one of the most well-known names. With a history dating back to 1889, this bank has been serving its customers for over a century and has established itself as a trusted provider of banking services in the region.

American Bank of Oklahoma: A Comprehensive Overview

In this article, we will delve into the various aspects of the American Bank of Oklahoma and provide you with a comprehensive overview that will help you understand what sets this bank apart from others in the area.

History

As mentioned earlier, the American Bank of Oklahoma was founded way back in 1889. The bank was initially known as The City National Bank of Guthrie and was established during a time when Oklahoma was still a territory and had not yet become a state.

The bank played an important role in helping facilitate commerce in the region during these early days. As Guthrie grew, so did The City National Bank, which eventually became known as The City National Bank & Trust Company.

In 1986, The City National Bank & Trust Company changed its name to The American Bank and Trust Company after acquiring Landmark Tower National Bank. This marked an important turning point for the institution as it started expanding beyond Guthrie and began setting up branches elsewhere in Oklahoma.

Over time, the bank continued to grow and expand its operations. In 2005, it rebranded itself again as The American National Bank after acquiring another local financial institution. Finally, in 2018, it changed its name once more to The American Bank of Oklahoma – which is what it is known as today.

Products and Services

So what does the American Bank of Oklahoma offer? As you can expect from any modern financial institution, there are plenty of products and services available for customers to choose from.

Personal Banking

For individuals looking for standard banking services such as checking accounts or savings accounts, the American Bank of Oklahoma has plenty of options. These include:

  • Checking Accounts: There are several checking account options available, including basic accounts that do not require a minimum balance and accounts that offer interest.

  • Savings Accounts: Similarly, there are several savings account options available with various interest rates based on the amount deposited.

  • Certificates of Deposit (CDs): CDs are a popular investment option for those looking to earn higher interest rates than what is offered by traditional savings accounts. The American Bank of Oklahoma offers CDs with various term lengths ranging from three months to five years.

  • Individual Retirement Accounts (IRAs): For customers looking to save money for retirement, the bank offers both Traditional and Roth IRAs. These accounts allow you to save money tax-free or tax-deferred depending on which type you choose.

Business Banking

In addition to personal banking services, the American Bank of Oklahoma also provides a wide range of solutions for businesses. These include:

  • Checking Accounts: There are several checking account options available depending on your business needs.

  • Savings Accounts: Like personal banking, there are multiple savings account options available with varying interest rates.

  • Merchant Services: For businesses that require payment processing solutions, the bank offers merchant services that can help streamline transactions and increase efficiency.

  • Loans: Whether it’s for real estate or equipment purchases, the bank provides a variety of loan products designed specifically for businesses.

Technology

In today’s world, technology plays an increasingly important role in banking. The American Bank of Oklahoma recognizes this and has invested heavily in ensuring its customers have access to the latest tools and resources they need to manage their finances effectively.

Some key technologies offered by the bank include:

  • Online Banking: Customers can access their accounts online via desktop or mobile devices. This allows them to check their balances, transfer funds, pay bills, and more from anywhere with an internet connection.

  • Mobile App: For those who prefer to manage their finances on the go, the bank has a mobile app available for both iOS and Android devices. This app provides many of the same features as the online banking platform, including remote deposit capture.

  • Online Account Opening: Customers can apply for new accounts online from the comfort of their own homes. This makes it easy to get started with banking services without having to visit a branch in person.

Branch Locations

For customers who prefer to do their banking in person, the American Bank of Oklahoma has multiple branch locations throughout the state. These branches are staffed by friendly and knowledgeable professionals who are happy to assist with any questions or concerns.

Conclusion

All in all, it’s clear that the American Bank of Oklahoma is a top-notch financial institution. With a long history of serving customers, a wide range of products and services, cutting-edge technology solutions, and friendly staff at multiple branch locations across Oklahoma – they truly have everything you could want from a bank.

Whether you’re looking for personal or business banking solutions, we highly recommend considering the American Bank of Oklahoma as your financial institution of choice.

FAQs

What is American Bank of Oklahoma?

American Bank of Oklahoma is a financial institution that provides a wide range of banking services such as savings accounts, checking accounts, loans, and credit cards.

How many locations does American Bank of Oklahoma have?

American Bank of Oklahoma has 8 locations across the state of Oklahoma.

Can I open an account online with American Bank of Oklahoma?

Yes, you can open an account with American Bank of Oklahoma online through their website.

Does American Bank of Oklahoma offer mobile banking services?

Yes, American Bank of Oklahoma offers mobile banking services that allow customers to check their balances, view transactions, transfer money, and more from their smartphone or tablet.

What are the benefits of having an account with American Bank of Oklahoma?

Some benefits include personalized service, competitive rates on loans and deposits, access to online and mobile banking tools, and a variety of financial products to meet your needs.

Is my money safe with American Bank of Oklahoma?

Yes, your money is safe with American Bank of Oklahoma as they are FDIC insured up to $250,000 per depositor.

Does American Bank of Oklahoma offer business banking services?

Yes, American Bank of Oklahoma offers a variety of business banking services including business checking accounts, merchant services, remote deposit capture, and more.

What types of loans does American Bank Of Oklahoma offer?

They offer various loan options for different needs such as commercial loans for business purposes; home loans for purchasing real estate or refinancing mortgages; auto loans for new or used cars; personal loans for other expenses like vacations and weddings.

What are the hours of operation for American Bank of Oklahoma?

The hours of operation for American Bank of Oklahoma vary by location, but most branches are open Monday through Friday from 9:00am to 5:00pm and some branches have Saturday hours as well.

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