About Us

American Partners Bank, a full service bank, is dedicated to providing high value financial services with an exceptional level of personal service. The Bank currently offers its services via the Internet, telephone and through its bank locations and offices.

The Bank was originally organized by the National Association of Mutual Insurance Companies (NAMIC) and commenced operations in June of 2000. The Bank was established as a specialty bank to serve the insurance company members of NAMIC, their employees and independent insurance agencies. In April of 2005, the Bank merged with its Maryland-based thrift holding company, Federal City Bancorp, Inc. The merger has enabled the bank to enhance the range of banking services available to the NAMIC membership, and also develop its financial services offerings to serve businesses, professionals and individuals in and around the communities it serves.

American Partners Bank currently has banking services and operations in Carmel, Indiana; branch locations in the Washington DC Metro-area; mortgage loan production offices in Florida, Maryland and New Jersey; with its administrative headquarters located in Bethesda, Maryland.

Its depth in management expertise will enable the Bank to create a strong mortgage operation. The bank is led by an extraordinarily high residential lending expertise for its size. The company’s management experience is the driving force behind its unique model of different distribution channels, including licensed loan originations in all 50 states and a nationwide franchise of NAMIC-endorsed independent insurance agencies and agents. Customers also enjoy access to decision-makers and local underwriting and processing.

 

American Partners Bank Board

Robert Desmond, Chairman
Portfolio Manager, L&S Partners; Retired President, COO, Republic Bancorp

Charles Chamness, Director
President, NAMIC; Chairman, American Partners Bank (2000 to 2004)

John Donovan, Director
Retired Senior Managing Director, Carr Realty CorporationGerald Lynch, CFA, Director
Chairman/President/CEO, General RE -New England Asset Management

Robert Wadsworth, Director
CEO, Preferred Mutual Insurance Company



Federal City Bancorp, Inc. Board

Stuart McFarland, Chairman & CEO of Federal City Bancorp, Inc.


Charles Chamness, Director


Robert Desmond, Director

John Donovan, Director

Gerald Lynch, CFA, Director

Robert Wadsworth, Director


American Partners Bank Executive Management

Paul Joegriner, Co-Chief Executive Officer
Banking Operations & Administration/CFO

Ben C. Smith, Co-Chief Executive Officer

NAMIC & Mortgage Banking Operations/COO