Bank was chartered in Fort Dodge, Iowa, in 1934, and served the
needs of that community for some 65 years before embarking on an
expansion program and appointing a management team that continues
in place today. In 1999, First American Bank opened a Sioux City
office, followed by the opening of a Des Moines area bank, in Clive,
the next year. In 2004, Ankeny and Iowa City temporary locations
were opened, and plans for construction of these important new branches
took shape in 2005. Both branches will be completed in 2006.
Since that time,
by acquisition, internal growth and new office development, First
American has expanded operations to include 16
Iowa banking offices. In 2005, the bank opened a loan production
office in Naples, Florida, and in April 2006 purchased Pelican National
Bank of Naples, Florida.
American Bank is Iowa’s Business Bank.
Our commercial services are delivered by bankers with
the experience to understand our clients’ business
plans and personal banking needs. Decisions are made
locally, with a sense of urgency that matches the mindset
of many business owners we serve.
We are proud
to offer the in-depth resources of larger regional and national
banks, yet we deliver our services through a statewide network of
community banks that know our customers on a personal basis. Our
clients must surely like it that way because we have accomplished
dramatic business growth in recent years. Today, we count $1.4 billion
in total assets . . . and that number is growing steadily. Thanks
to all of you who’ve helped us achieve this milestone in our