Business Summary
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AMB Financial Corp. (AMB Financial) is a savings and loan holding company for American Savings, FSB (the Bank). The Bank is a community-based financial institution that offers a variety of selected financial services to meet the needs of the community served by it. The Bank attracts deposits from the general public, and uses such deposits to originate and purchase one- to four-family residential mortgages, and to a lesser extent, non-residential real estate, multi-family real estate, consumer, commercial business, land and construction loans. It also invests in mortgage-backed securities, investment securities consisting primarily of the United States Government obligations and various types of short-term liquid assets. The Bank serves the financial needs of families and local businesses in its primary market area, northwest Lake County, Indiana, through its main office located in Munster, Indiana, and two branch offices located in the communities of Dyer and Hammond, Indiana.
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