NEWS

 PROMOTION

CERTIFICATE OF DEPOSIT

 

0.55% APY* (12-month Term)             0.60% APY* (24 to 60-month Term)

 

*Annual Percentage Yield with a minimum deposit of $10,000 to maximum $200,000 on a new 12-Month & 24 to 60-Month Certificate of Deposit.  Must be new funds from other financial institutions 

The term APY* refers to Annual Percentage Rate.  The APY is accurate as of 10-01-2021. Rates are subject to change without further notice.  Fees could reduce earnings on the account. Interest on Time Certificate of Deposit (CD) accounts begins to accurate on the business day you make your deposit.  Early withdrawal penalties may apply.  The rates are not for institutional and wholesale funds.


5 Star Bank

Rated by Bauer Financial

Super Premier Bank

By the Findley Reports


American Plus Bank, N.A. Names New President and CEO

(11/01/21) For Immediate Release 

LOS ANGELES, November 1, 2021 – American Plus Bank, N.A., a federally chartered full-service community bank, today announced that Mr. John Nerland will be joining the Bank as President and Chief Executive Officer as of November 1, 2021.  Mr. Nerland brings with him 35 years of experience in bank management, lending, credit administration and business banking. 

Before joining American Plus Bank, Mr. Nerland was previously President and CEO of Mega Bank from 2019-2020, President and Chief Operating Officer of Pacific Commerce Bank from 2015-2018 prior to its sale to First Choice Bank.  He was also President and Chief Credit Officer of Bank of Manhattan from 2011 to 2015, prior to its sale to Plaza Bank.  Mr. Nerland served as President and Chief Executive Officer for California Oaks State Bank from 2007 to 2010, until the sale of that bank to California United Bank. From 2002-2007, Mr. Nerland was President and CEO of Solano Bank, Vacaville, California and Senior Executive Vice President and Chief Credit Officer of The Vintage Bank in Napa Valley, California. Both Solano Bank and The Vintage Bank were owned by North Bay Bancorp, which was sold to Umpqua Bank in 2007. Mr. Nerland also held various positions for Civic Bank of Commerce from 1999 to 2002 including Regional Manager and various positions with WestAmerica Bank from 1986 to 1999, including Regional Vice President of WestAmerica’s San Rafael Region. Mr. Nerland received his B.S. in finance from Arizona State University and an M.B.A. from San Francisco State University.

Chairman Mr. Johnson Yang commented: “The Board of Directors and the Management team are very excited about Mr. Nerland’s joining the Bank and we are confident that he will take us to the next stage of growth, while at the same time, help advance the Bank’s overall structure and performance.”

 

American Plus Bank Provides Protection for Seniors in the Community

(7/30/18) For Immediate Release

Thanks to American Plus Bank N.A., headquartered in Arcadia, California, we will live in a safer and more secure environment. Through a recent partnership with CRA Partners, American Plus Bank N.A. is funding the Senior Crimestoppers program to protect those who live and work in this community against theft, abuse, and neglect.

Since 2007, American Plus Bank has always embraced and care about the San Gabriel Valley communities. The bank is committed to working with CRA Partners to end elderly abuse. As baby boomers enter the senior status, American Plus Bank understands the vulnerabilities they may encounter, thus the bank wants to protect the community by working with the Senior Crimestoppers program to better inform and educate the elders.

CRA Partners is a national organization that helps banks fulfill their federally-mandated Community Reinvestment Act (CRA) requirements and earn CRA credit on their exam by running Senior Crimestoppers, a turnkey crime prevention program for low-to moderate-income seniors. Through flexible funding options such as CRA-qualified community development loans, investments and grants, banks help ensure safe living environments for seniors in nursing homes, HUD communities and state Veterans homes.

Crime against the elderly is an increasingly important issue that American Plus Bank N.A. is helping resolve through the funding of the Senior Crimestoppers program. Components of the program include personal lockboxes for the residents, continual education and training for facility members, and a toll-free tips line that receives information about wrongdoing and pays cash rewards up to $1,000. Senior Crimestoppers has reduced crime in participating communities by 95%.

“Senior Crimestoppers works to enrich the overall quality of residents’ lives. Implementing this program does not mean the facility currently has a crime problem. It means the facility is being proactive about protecting its seniors,” says Terry Rooker, president of Senior Crimestoppers.

“When our customers, friends, and neighbors need support, we must open our hearts to listen, protect and care for them. As crime is becoming more sophisticated, we must be one step ahead of the criminals and stop any potential abuses before they arise. We are very honored and glad to have a partner like Senior Crimestoppers to mitigate elderly abuse.” says Louie Couto, President & CEO of American Plus Bank N.A.

About American Plus Bank N.A.

Founded in 2007, American Plus Bank is an independent, client-oriented community bank headquartered in Arcadia, California. We provide superior financial service and tailored financial products to the individuals and businesses in the San Gabriel Valley and the Los Angeles County. We specialize in high CD depository accounts, business lending, home mortgages, construction loans and commercial real estate lending.

As a community bank, we attribute our success to the community that has been supporting us since our establishment. Our business philosophy is to continue our commitment to the success of our community and supporting our community’s growth and prosperity by being a responsible and contributing financial institution.

For more information about American Plus Bank N.A., please visit us at www.bankaplus.com or call (626) 821-9188

About Senior Crimestoppers and CRA Partners

CRA Partners and Senior Crimestoppers are operated by the Senior Housing Crime Prevention Foundation (SHCPF), headquartered in Memphis, Tennessee. The SHCPF mission is to provide protection and an enhanced quality of life for senior housing residents through meaningful turnkey CRA compliance for community-focused banks.

Funded exclusively by the banking industry and endorsed by the Independent Community Bankers of America and bankers associations in 43 states, the Foundation has developed a low-risk, profitable solution — CRA Partners — for banks of all sizes to earn meaningful CRA credit through the operation of the nationally-acclaimed Senior Crimestoppers program. The Senior Crimestoppers program operates in 47 states and protects more than 100,000 residents.

In addition to earning CRA credit on the lending and investment tests through CRA Partner’s flexible funding options, the company’s Preventing Elder Financial Abuse video toolkit gives banks the opportunity to earn service test credit when presenting the video to low income audiences. The video, which aims to educate viewers on how to spot and prevent elder financial exploitation, has been used by many banks to become a community leader in prevention education.

For more information about Senior Crimestoppers visit www.SeniorCrimestoppers.com or call (800) 529-9096. For information on CRA Partners or the Preventing Elder Financial Abuse Video Toolkit, visit www.SHCPFoundation.org or call (877) 232-0859.

 

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