Amboy Bank
| Company type | Private |
|---|---|
| Industry | Banking |
| Founded | May 12, 1888 |
| Headquarters | Old Bridge , United States |
Area served | Central New Jersey (Middlesex and Monmouth Counties) |
| Products | Retail and business banking services; online account opening platform (Amboy Direct) |
| Owner | Amboy Bancorporation |
| Website | www |
Amboy Bank is a financial institution based in the United States, with its main office located in Old Bridge, New Jersey. The bank serves both retail and business customers throughout central New Jersey, specifically within Middlesex and Monmouth Counties. Customer deposits are protected by the Federal Deposit Insurance Corporation (FDIC) up to the maximum allowed by law.
History
Established on May 12, 1888, originally as The First National Bank of South Amboy by a group of local entrepreneurs, Amboy Bank expanded its branch network during the late 1950s. The headquarters moved to Madison Township (currently Old Bridge Township) in 1960, at which time the bank was renamed First National Bank of South Amboy-Madison Township. The institution underwent a rebranding to Amboy-Madison National Bank in 1963 and later simplified its name to Amboy National Bank in 1991. Following a change to a state charter in 2008, it adopted the present-day name, Amboy Bank.
Amboy Bank has remained privately held since its inception and has been owned by Amboy Bancorporation since 1984. In the mid-1980s, it was among the pioneering lenders in the United States to introduce biweekly mortgage payment plans. The launch of Amboy Direct in 1995 expanded the bank’s product range beyond its core markets, evolving into an online account opening platform by 2003.
For 27 years running, readers of Home News Tribune have honored Amboy Bank as the Best Bank in Middlesex County.
Community involvement
The Amboy Foundation was established in 1998 with the mission to award grants that support organizations focused on education, civic engagement, health services, and social welfare.
Locations
By 2024, Amboy Bank maintains a network of 12 branches within Middlesex County and an additional 10 branches throughout Monmouth County, not counting its main corporate office.