American Bank is a bank based in Covington, Louisiana, established in 1964, with $359 million in total assets across 5 branches. By Trust Grade it ranks 84th of 105 banks we track in Louisiana. Its capital ratio of 10.9% is stronger than 61% of similarly sized banks, versus a Louisiana median of 10.9%. It was profitable over the most recent period, with a 0.18% return on assets. No consumer complaints against American Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How American Bank compares to Louisiana peers
How we graded American Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (10.9% capital ratio)
- Profitable (ROA 0.18%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for American Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (5)
- 1819 N Columbia St, Covington, LA 70433
- 406 N Causeway Blvd, Mandeville, LA 70448
- 1625 Ringgold Ave, Coushatta, LA 71019
- 506 Sw Railroad Ave, Hammond, LA 70403
- 2021 Carol Sue Ave, Terrytown, LA 70056
Are deposits at American Bank insured?
Yes. American Bank is an FDIC-insured bank (FDIC certificate #19234). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
American Bank: frequently asked questions
Is American Bank a good bank?
American Bank earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Strongly capitalized (10.9% capital ratio); Profitable (ROA 0.18%).
Is American Bank FDIC-insured?
Yes. American Bank is a FDIC-insured bank (FDIC certificate #19234). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is American Bank?
American Bank holds $359 million in total assets, ranking 84th of 105 banks we track in Louisiana. It operates 5 branches.
Does American Bank have CFPB complaints?
No CFPB complaints against American Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
