(as published in the WACHA Newsletter November 20, 2013) Shoppers are expected to spend nearly $62 billion online throughout the holiday season this year, up more than 15% from 2012. The use of mobile devices for online shopping (mcommerce) is … Continue reading
You are no longer required to formally register your computer; the new system has technology to recognize if your computer has been used before to access the system. We are implementing a more secure and behind the scenes process to … Continue reading
Online bill pay puts you in control! Pay all your bills with a single login. You decide when your bills are paid and the amount of each payment. Payments can often be made in 2 business days. And, you don’t have … Continue reading
If you’re like the average American, you carry at least three credit cards in your wallet. Here’s some commonly asked questions: What are the new chips (on the front of the card) for? Preventing fraud. These embedded microprocessors encrypt your … Continue reading
In an effort to promote Financial Literacy Month, the Wisconsin Bankers Association encourages community banks to participate in Teach Children to Save Day on April 23rd. American Bank has been going into schools and providing bank tours to elementary age … Continue reading
Ever wonder what documents you should keep and which ones to shred? The FDIC Consumer News says, “Bank statements, credit card bills, canceled checks and other documents can be useful for tax purposes, as proof of a transaction or payment, or … Continue reading
We’d like to take a moment at this time of year to Thank You, our customers and the communities in which we serve, for allowing us to assist you with your banking needs. We extend heartfelt wishes for a blessed, … Continue reading
It’s that time of year again – the time of year that we begin thinking about real estate taxes. At American Bank, we disburse funds from our mortgage loan escrow accounts around the middle of December. We make the checks … Continue reading
Full FDIC Insurance Coverage for Non-Interest Bearing Transaction Accounts will expire December 31, 2012. Beginning January 1, 2013, noninterest-bearing transaction accounts will no longer be insured separately from depositors’ other accounts at the same FDIC insured depository institution (IDI). Instead, … Continue reading
Are you looking to purchase savings bonds for holiday gifts?
The Treasury discontinued over-the-counter sales of paper savings bonds in January 2012. Savings bonds in electronic format remain available for purchase at: www.treasurydirect.gov . In order to purchase a savings bond, you must open an account in TreasuryDirect. On this site there are also options for you to purchase bonds as gifts to other individuals.