American Business Bank (AMBZ.OB)

American Business Bank provides a range of financial services to businesses in the middle market. Its various products and services include deposit services, cash management, commercial lending, international, and investment services. The bank’s deposit services include corporate checking, savings, money market, and certificates of deposit; zero balance accounts; controlled disbursement; wire transfers; Automated Clearing House processing; stop payments; account reconcilement; telephone notifications of return items, incoming wires, and maturing investments; tax deposits; and courier service. Its cash management services include deposit of employees’ wages directly into their account; process transfers and vendor payments; and processing other debit and credit transactions specific to the client’s business. The bank’s commercial lending services include revolving lines of credit, asset-based lending, commercial loans, equipment financing, term lending, specialty lending, construction loans, and real estate loans. Its international services include import letters of credit, standby letters of credit, bankers acceptance financing, foreign exchange, export letters of credit, foreign collections, export financing programs, and international money transfers. The bank’s investment services include money market accounts, certificates of deposit, government securities, municipal bonds, bankers acceptances, overnight repurchase agreements, and short-term commercial paper. It also offers online banking services. The bank’s clients include wholesalers, manufacturers, service businesses, professionals, and non-profit organizations.