American Bank is privately held and is a subsidiary of Mesaba Bancshares, a multibank holding company. Located in Mountain Iron, Minn., it has more than 10 branches and administrative offices throughout northeastern Minnesota. It offers personal and business banking services, personal and business loans, credit cards, and a variety of financial services. The bank s personal banking services include certificate of deposits, safe deposit box, personal checking and savings accounts, ATM cards, personal loans and lines of credit, mortgage loans, calculators, and information on current rates. Its business banking services include business checking and savings accounts, business loans and lines of credit, cash management services, and merchant services. American Bank also offers card services, such as instant cash and check cards, American Bank credit cards and American Bank gift cards.
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