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American Bank Adds New Talent, New Service.


Business Editors

ST. PAUL St. Paul

as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26]

See : Bravery
, Minn.--(BUSINESS WIRE)--May 20, 2003

American Bank has announced the appointment of Michael D. Haverkamp as Senior Vice President of Wealth Management.

In his new role at American Bank, Haverkamp's first priority will be the development and management of the new Investment Services division of American Bank.

"Michael is an important addition to the American Bank team," said John Seidel sei·del  
n.
A beer mug.



[German, from Middle High German sdel, from Latin situla, bucket.]

Noun 1.
, President. "His background adds expertise to our new Wealth Management services, and his work in the community fits well with our commitment to St. Paul."

Michael comes to American Bank with over 29 years of experience in the financial industry. He began his financial career in 1974, adding brokerage experience in 1988. A past chairman of the River Heights River Heights may refer to:
  • River Heights, Utah, a community in Utah
  • River Heights (Manitoba riding), a provincial electoral division in the Canadian province of Manitoba.
 Chamber Board, he plans to continue his involvement in chamber and local community organizations.

The new Wealth Management division of American Bank will assist clients in meeting their financial objectives through comprehensive financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 including retirement, estate and education planning, and asset protection. The division will also provide a full array of investment and retirement plan programs for business clients.

"Wealth Management is about understanding clients' needs on a one-to-one level," states Haverkamp. "It's about providing investment guidance that helps people reach their financial goals."

About American Bank: Created in 2002 through the merger of Midway and Dakota Banks, American Bank has quickly become a trusted, familiar name in St. Paul. Committed to the community, they recently received an outstanding rating from the CRA See Community Reinvestment Act.  (Community Reinvestment Act Community Reinvestment Act (CRA)

Enacted by Congress in 1977, the CRA encourages banks to help meet the credit needs of their communities for housing and other purposes, particularly in neighborhoods with low or moderate incomes, while maintaining safe and sound operations.
), which encourages financial institutions to meet the credit needs of the communities in which they operate. American Bank is the largest independently-owned bank headquartered in the Twin Cities metro area This article is about the music production team. For the article about population centers, see metropolitan area.

Metro Area are a Brooklyn-based dance music production team composed of Morgan Geist and Darshan Jesrani.
 with several offices in St. Paul and its surrounding communities.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 20, 2003
Words:291
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