Amboy Direct Bank came into being in 1990 and is a sub division of Amboy National Bank, which has its headquarters in New Jersey. The purpose of establishing Amboy Direct Bank was to provide an invaluable service to its clients, that of accessing their banking online or through mail, without actually having to make a trip to the bank. This is an independent community bank that is proud of its heritage and admirable customer service.
The whole experience of ‘home banking’ is made extremely pleasant with the help of telephone service consultants for addressing all client issues. Amboy Direct understands that their success depends solely on fulfilling the expectations of clients and towards this end, delivers innovative and valuable service in the best possible manner.
Amboy Direct accounts are FDIC insured online accounts. Premium rates are offered just like CDs, but the major advantage is that, there is no lock-in period. They can be opened very easily either by mail or online, as long as one has a personal checking account. It is also possible to link a checking account of any other bank to an Amboy Direct Bank account, and this is called a “linked” account.
The amount thus transferred from another bank will earn a good rate and all it takes is the click of the mouse to transfer it back, anytime of the day or night. Amboy Bank is proud of the fact that they are able to pay more to the customer and this is made possible due to not having any regular branches, which in turn reduces their costs and this money is paid to the customers for added value.
Amboy Direct Bank’s money market by mail accounts support people’s saving needs making it easier to earn more. This bank allows the customers to make more of their low yielding checking, savings or money market deposits. The Money Market Maximizer account is a new entry to their list of outstanding products and gives a higher rate than normal. This allows direct access to make deposits and withdrawals with bank-to-bank transfers, all for free. Everyday liquidity with these bank-to-bank transfers using me-to-me checks is an appreciable addition and will certainly prove to be a great advantage to its clients.
The eSavings account is a savings account that offers premium rates like a CD but without locking up the money. The best part is the ability to transfer any of the other low rate savings, checking and money market deposits to this high rate eSavings account and then transfer the amount back again whenever there is need for it. A total of three bank-to-bank withdrawals and unlimited deposits can me made during any month. There are no restrictions of keeping a minimum balance or paying any service fees, as this service is provided totally free to Amboy Direct Bank’s clients.
High security and confidentiality is maintained and accounts can only be accessed with the client’s unique ID and password. To make them even more secure, every online transaction is turned into a non-understandable mathematical formula using high-level encryption.
Their customer service is the best seen anywhere. It has the distinction of being called the “Best Bank in Central New Jersey” by Home News Tribune for the ninth year in a row and this sure is no mean feat. Amboy Direct Bank is committed to the well being of their clients who trust them with their financial information. This trust is maintained by sensible and discreet handling of extremely sensitive information.
It is almost as if the money is in the hands of the customers themselves or perhaps even more secure. What more can one expect from a bank?
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