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AmTrust minimizes cost structure, but harmed by bad real estate; Embattled bank's nonperforming assets rise as foreclosed properties mount.(NEWS)
Crain's Cleveland Business; Sep 14, 2009; 700+ Words ...KASS The ditch in which AmTrust Bank finds itself appears to...mailed statement that the bank has been reducing its...regulators earlier this year. AmTrust saw its non-current...mortgages, a record for the bank. AmTrust is lobbying congressional...
Delinquent loans beset AmTrust; Bank's capital position may be its stronghold.
Crain's Cleveland Business; May 19, 2008; 700+ Words ...assets of $16.9 billion. The bank also reported $580.1 million...considered nonperforming. AmTrust's first-quarter results...a longtime nationally known bank analyst and current president...specializes in working with banks and S&Ls. But, unlike...1980s and 1990s, observers say AmTrust ...
Getting good referrals: AmTrust has raised the bar on employee-referral programs by using some unconventional methods.(Recruitment & Selection Winner: AmTrust)(AmTrust Bank)
Inside Business; Sep 1, 2007; ; 700+ Words ...is the question many AmTrust employees look forward...manager of the Cleveland bank's employee-referral...desktop computer screens. AmTrust employees have watched...About 20 percent of AmTrust's employees regularly make referrals. The bank is planning to do a survey...
WesBanco Announces Completion of Purchase of Five AmTrust Columbus, Ohio Banking Offices.
PR Newswire; Mar 27, 2009; 700+ Words ...announced today that its subsidiary bank, WesBanco Bank, Inc., has...purchase of all five Columbus, Ohio AmTrust Bank ("AmTrust") banking offices. With the...approximately $600 million, of the five AmTrust branches in the greater Columbus...
AmTrust Chooses KeyMark for Document Capture Implementation.
Business Wire; Nov 18, 2008; 700+ Words ...in 1999 with Gemstone, the bank's award-winning website. With KeyMark, AmTrust has the ability to automatically...This is a testament to AmTrust's strength," commented...sales. "At a time when most banks are cutting spending, AmTrust is continuing its commitment...
Capital-Strapped AmTrust Makes a 2nd Branch Deal.(Community Banking)(acquisitions of AmTrust Bank)
American Banker; Jun 25, 2009; 700+ Words ...branches in three states. AmTrust would not say how much...sales are likely for AmTrust. Jerry Swords, the...Associates Inc., a bank consulting firm in Kansas...the Tarp money to its bank unit but is holding on...deals like the one with AmTrust. We want to be able...
Ohio Savings Bank to Change Name to AmTrust Bank.
PR Newswire; Apr 19, 2007; 700+ Words ...2007, Ohio Savings Bank will change its name to AmTrust Bank. The name change...United States, the AmTrust division has been an...service." AmTrust Bank currently has more than...greater Cleveland area. AmTrust's headquarters office...
OwnerGUARD and AmTrust Enter MGA Agreement for Financial GAP Programs.
Business Wire; Nov 21, 2006; 660 Words ...dealerships, and over 500 credit unions, banks, specialty lenders, and manufacturers...toll-free at 800-822-8587. About AmTrust Financial Services, Inc. AmTrust Financial Services, Inc. (AmTrust Financial), headquartered in New York...
A Deadline on Capital Looms For AmTrust.(Market/Global)(AmTrust Bank)
American Banker; Dec 4, 2008; ; 700+ Words ...according to Bankrate Inc. Because AmTrust is privately held, equity...least some of the bad loans. AmTrust has 35 branches in Ohio, 24...program should help healthy banks take an endangered bank out of circulation before it has a chance to fail. AmTrust officials declined interview...
Ohio Savings Bank/AmTrust Bank Launch AmTrust Direct - High Rate CD Online-Only Resource.
PR Newswire; Jun 6, 2006; 531 Words ...CLEVELAND, June 6 /PRNewswire/ -- Ohio Savings Bank and its AmTrust Bank division have launched AmTrust Direct, an online-only resource for some...accounts in the nation. Customers can access AmTrust Direct at its website, http://www.amtrustdirect...
Cap Deadline Looms for AmTrust.
Mortgage Line; Dec 15, 2008; ; 700+ Words ...according to Bankrate Inc. Because AmTrust is privately held, equity...least some of the bad loans. AmTrust has 35 branches in Ohio, 24...program should "help healthy banks take an endangered bank out of circulation before it...Winfield, a spokeswoman for AmTrust, said in an e-mail last...
Dubuque's Amtrust changes name; Parent of American Trust sells corporate handle to Ohio bank bearing the same name
Telegraph - Herald (Dubuque); May 7, 2005; ; 525 Words What's in a name? For Amtrust Inc., a fair amount of confusion...undisclosed amount of cash. Amtrust, parent company of Dubuque...stalwart American Trust & Savings Bank, has changed its holding company...settlement with Ohio-based AmTrust Bank, granting that company...
WesBanco Buying AmTrust Branches.(AmTrust Bank)(Brief article)
American Banker; Jan 26, 2009; 700+ Words Byline: Hebert AmTrust Bank in Cleveland said Friday that it is...regulators. The $16.5 billion-asset AmTrust, under an order by the Office of the...branch is a drop in the bucket for AmTrust. The company needs to raise hundreds...
Well-balanced: a healthy work/life balance is a imperative at AmTrust.(REVOLUTIONARY: CHANGE THE WORKPLACE: WORKPLACE HEALTH AND SAFETY: AMTRUST BANK)(EMH Regional Healthcare System)
Inside Business; Sep 1, 2008; ; 700+ Words ...more productive employees. "Banks aren't noted for being terribly...and chief talent officer for AmTrust. As part of the initiative...which means they work from AmTrust's Florida or Arizona offices...the summer. Of course, at a bank that keeps banker's hours...workers, Gillespie says. ...
Securities Fraud Attorney Mark A. Tepper Files Claim Against AmTrust Investment Services Alleging Bait and Switch Tactic with Sister Company AmTrust Bank.
Investment Weekly News; Nov 8, 2008; 700+ Words ...Tepper has filed claim against AmTrust Investment Services for an alleged...a customer of its sister company AmTrust Bank was allegedly deceived into moving...proceeds from his recently matured AmTrust Bank CD into a high commission mutual...
A.M. Best Comments on the Pending AmTrust Financial Services, Inc. Acquisition of Insurance Entities and Renewal Rights on Certain Lines of Unitrin, Inc.
Business Wire; Dec 10, 2007; 700+ Words ...Best will continue to monitor AmTrust's operating performance and...monitored for integration into the AmTrust organization while adhering...FSR of A- (Excellent) of AmTrust and its members. Founded in...including insurance companies, banks, hospitals and health care...
Ohio Savings changing its name: On Monday, it will be AmTrust Bank, as it is known outside Ohio.
Akron Beacon Journal (Akron, OH); Apr 20, 2007; 700+ Words ...As of Monday, Ohio Savings Bank will change its name to AmTrust Bank. Bank officials said...are today," Goldberg said. AmTrust's headquarters office tower...formerly Ohio Savings Plaza, now AmTrust Bank Center) is at 1801 E. Ninth...
AmTrust Direct Raises e-Money Market Rate to Highest Ever.
PR Newswire; Feb 15, 2007; 646 Words ...check the current rate being offered by AmTrust Bank on their e-Money Market Account. AmTrust Direct just raised the rate from 5.30...Vice-President of Internet Marketing for AmTrust. "We don't do any form of bait-and...
AmTrust Bank/Ohio Savings Bank Names New President.
PR Newswire; Feb 8, 2007; 579 Words ...president of Ohio Savings Bank/AmTrust Bank. He is just the...contact the Ohio Savings Bank public relations office...Martinko, PR Director of AmTrust Bank, +1-216-588...com/ http://www.amtrust.com/ http://www...
A.M. Best Revises Outlook to Positive for AmTrust Group; Downgrades Ratings of Recently Acquired Unitrin Companies.
Business Wire; Jun 12, 2008; 700+ Words ...completion, the outlook on AmTrust will be extended to these four entities. The ratings of AmTrust reflect the consolidated group...the outlook is supported by AmTrust's strong operating results...including insurance companies, banks, hospitals and health care...
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