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Beneficial Ownership Reporting Requirements for Business Owners

The beneficial ownership reporting rules that went into effect on January 1, 2024, now require all business owners to register their Beneficial Ownership information with FinCEN in addition to providing it with the bank. This applies to all businesses that were established prior to January 1, 2024, as well as all businesses that organize after that date. Please review this brochure provided by FinCEN for information on what you need to do as a business owner. 

American Bank Offices Closed in Observance of Veterans Day

American Bank offices will be closed on Monday, November 11, 2024 in observance of Veterans Day. During this time, online and mobile banking will still be available for your convenience. All offices will reopen on Tuesday, November 12 at normal business hours. 

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