American Bank

  www.ambk.com
  www.ambk.com

American Bank Reviews

Updated November 4, 2014
Updated November 4, 2014
14 Reviews
2.8
14 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Mark W. Jaindl
2 Ratings

Employee Reviews

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  1.  

    Independent bank where you can earn EOY bonus

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Proof Encoder in Corpus Christi, TX
    Current Employee - Proof Encoder in Corpus Christi, TX

    I have been working at American Bank part-time (more than 3 years)

    Pros

    Close group of people. Relaxed. Since it's owned by one owner, they base EOY bonus on earnings. Very strong community bank. Well respected in the community.

    Cons

    Since it is a small bank, it's harder to get promotions. You may have to spend more time in a position than you prefer. They will let people go within the first 90 days if you don't do your job.

    Advice to ManagementAdvice

    Walk around and get to know the staff.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Cold calling job stepping stone to the next.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Officer in West Chester, PA
    Former Employee - Loan Officer in West Chester, PA

    I worked at American Bank full-time (less than an year)

    Pros

    sit at your desk all day. the people in the office were nice and energetic to work with. They are open to hanging out after.

    Cons

    The "provided leads" are pretty much cold calls even though they refer to it as a warm lead. They also boasted about their realtor connections that did not exist.

    Doesn't Recommend
    No opinion of CEO
  3. 1 person found this helpful  

    Worked the Phones all summer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager in West Chester, PA
    Current Employee - Account Manager in West Chester, PA

    I have been working at American Bank full-time (less than an year)

    Pros

    Great people, they are really nice and kind.

    Cons

    The work is very tedious. All the time was spent making cold calls to customers who don't want to speak to you.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    Decent start out job to make some cash if you are good at it, not a career.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Mortgage Banker in Columbus, OH
    Former Employee - Mortgage Banker in Columbus, OH

    I worked at American Bank full-time

    Pros

    Great work culture, young, fun atmosphere. Potential to make a lot of money when on commission.

    Cons

    Start off with a dialer/headset. They want you to stay on salary if you are doing well, that way they don't have to pay you, but force you to go on commission if you are not doing well. Basically a sink or swim situation.

    Advice to ManagementAdvice

    Be a little more straight forward with how inside sales works, don't blow smoke.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    BAD.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Officer in Columbus, OH
    Former Employee - Loan Officer in Columbus, OH

    I worked at American Bank full-time (more than an year)

    Pros

    Seriously None. Hire a recruiter that knows business ethics and that has a degree so future employees arent scammed

    Cons

    Recruiting is very misleading. Told to expect to make 50,000 the first year. Hardly anyone does. Promised a lot of holidays which arent there.

    Advice to ManagementAdvice

    Respect your employees with degrees and PAY them!

  7. 2 people found this helpful  

    If you want to make money, not the place for you

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Officer in Columbus, OH
    Current Employee - Loan Officer in Columbus, OH

    I have been working at American Bank full-time (less than an year)

    Pros

    Wish there were some. The title company that the bank is associated with pays for happy hours once every three months which is nice. Free food at a bar every 3 months=awesome perk.

    Cons

    You are paid commission only after 4 months or so of a base of 30k. The hiring managers will tell you that there are 5-6 bankers making 100k and over which is not true. The top producer is on pace to make 55k. The only positive reviews on glass door is from management. They bribe their employees to vote them a 'top place to work' so they can attract recent college graduates.

    Advice to ManagementAdvice

    Decrease your pay and increase employees pay. You have about 90% of your staff looking for other employment. Get rid of positions that play on the internet all day.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Hard to make money, no matter how hard you work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Officer in Columbia, MD
    Former Employee - Loan Officer in Columbia, MD

    I worked at American Bank full-time (less than an year)

    Pros

    Fun, surrounded by some good people, leaders, and those who want to see you succeed.

    Cons

    Pay structure made it so you had to close a certain number of loans before you could actually get paid. I was within the top 3 of sales my last 3 months there and was still completely broke. Worked long hours to close deals that you just couldn't close. Zero room for growth opportunities.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    Great Place to Work!

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at American Bank

    Pros

    Community banking with stable management.

    Cons

    None that negatively impact the workplace.

    Advice to ManagementAdvice

    Keep doing what you are doing!

  10.  

    Interview Process

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bank Manager in Boston, MA
    Current Employee - Bank Manager in Boston, MA

    I have been working at American Bank full-time (less than an year)

    Pros

    Great Questions were asked in a timely mannor

    Cons

    Didn't have any questions to discuss

    Advice to ManagementAdvice

    Be Fair

    Recommends
    Neutral Outlook
    No opinion of CEO
  11.  

    Account Manager then Mortgage Banker

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Account Manager in Columbus, OH
    Current Employee - Account Manager in Columbus, OH

    I have been working at American Bank

    Pros

    Only 40 hours a week.
    Great co workers, very young employees
    Job responsibilities are fun.
    Very fun and laid back wokr environment.
    You work as hard or as little as you want, but it shows in your pay

    Cons

    All commission, so much can go wrong with your potential borrowers that is outside your control.
    American Bank is not well know AT ALL, hard to convince customers we are legit.
    Salary is not enought to live on if you dont close loans

    Advice to ManagementAdvice

    Your fantastic

    Recommends
    No opinion of CEO

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