For 50 years, we have been committed to providing our customers and communities with high-quality products and exceptional customer service. We are here to make sure you have the adequate tools to successfully manage your financial health, in every aspect of the term. Banking products? Check. Insurance? We got you. Investments? Absolutely. But most importantly, we’re here to walk alongside you and give you advice when you need it. Don’t hesitate to ask us questions about any and every financial matter. When it comes to your financial health, we’re your person.
Meet Ambank Company
Consisting of American Bank, American State Bank, American Investment & Trust, and Perspective Insurance; Ambank Company continuously works to provide the best, most secure service to you.
Who We Are
Integrity
Building A Foundation Of Trust Through Honest And Ethical Behavior
Community
Investing Time, Knowledge, And Resources For The Betterment Of Our Communities
Dedicated
Dedicated To Customers, Co-Workers, And Community
Caring
Actively Involved In The Lives Of Our Customers, Co-Workers, And Community
Innovative
Striving To Provide The Greatest Product, Knowledge, And Service To Our Communities
Community is at our Core.
“Having a bank charter is a privilege. But you have to not only do well for your stockholder and your customers; you also have to do well for your Community.” - W. Dale Den Herder, Principal Owner & Board Chairman of Ambank Company
1913
American State Bank was originally chartered as Hospers Savings Bank.
1934
Hospers Savings Bank became insured.
1968
Hospers Insurance Agency was formed.
1971
Hospers Agency Company was formed as the holding company.
1973
The Hospers Savings Bank Charter was moved to Sioux Center, Iowa. At the same time, the name was changed to American State Bank.
1984
Dale Den Herder purchased the controlling interest of Hospers Agency Company.
1986
Hospers Agency Company changed their name to Ambank Company, Inc.
1986
Hospers Insurance Agency changed their name to Ambank Insurance.
1993
American Investment & Trust was formed.
1994
Ambank Company purchased First Trust & Savings Bank.
1995
First Trust & Savings Bank changed their name to American Bank and opened a temporary office in Le Mars, IA.
2015
American State Bank merged with Community Bank.
2016
Ambank Insurance purchased Perspective Insurance and began doing business as Perspective Insurance.
Today
Today, we offer financial services to 12 communities and the surrounding area in Iowa and South Dakota.
