American Bank
| Status: | Inactive as of 01/01/2016 |
| Merger - Without Assistance | |
| Successor Bank: | Forbright Bank |
| Headquarters: | American Bank 1700 Rockville Pike Rockville, MD 20852 |
| Established: | 06/06/1983 |
| FDIC Insurance: | 08/09/1989 |
| FDIC Cert: | #32328 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $319,176,000 |
| Total Deposits: | $263,052,000 |
History
| 1983-06-06 | Institution established: Original name:United Savings Association | |
| 1987-11-30 | Changed organization type to STOCK SAVINGS BANK | |
| 1987-11-30 | Changed name to American Federal Savings Bank | |
| 2000-04-19 | Changed name to American Bank | |
| 2002-09-13 | Moved bank headquarters from ROCKVILLE, MD to SILVER SPRING, MD | |
| 2007-06-29 | Acquired The Grange Bank (34975) in COLUMBUS, OH | |
| 2008-06-11 | Moved bank headquarters from SILVER SPRING, MD to ROCKVILLE, MD | |
| 2011-07-21 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY | |
| 2016-01-01 | Merged into and subsequently operated as part of Congressional Bank (57614) in POTOMAC, MD | |
| 2022-01-18 | Changed name to Forbright Bank. |