Transaction Account Guarantee Program

American Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit
insurance rules.

FDIC regulations provide that NOW Accounts with interest rates no higher than 0.50% shall be treated as noninterest-bearing transaction accounts.

If a NOW Account earns an interest rate greater than 0.50% it is not covered under the Transaction Account Guarantee Program.