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American Bank of Beaver Dam, WI has been proudly serving the financial needs of citizens and businesses in the Beaver Dam area since 1891. We are a locally owned and independently operated financial institution and our staff boasts over 400 years of combined banking experience. Our Board of Directors represents the local business community and all operational decisions that concern our organization are made locally. Because our roots are deeply planted in our community, we are able to provide personalized financial care to our customers. We strive to design and expand our services to fit our customers` needs. We recognize that our customers enjoy working on their financial needs with someone they know and trust. Why is American Bank a good fit for you or your business and for you? We channel most of our funds within the neighborhoods where our depositors live and work. Your deposits are put to work locally to develop small business, purchase and repair homes and finance college tuition. Our bank employees reside in the same neighborhoods as our customers, shop at the same stores, attend the same churches and send our children to the same schools. We are truly invested in our community. Not just by doing business here but also by donating to local charities and volunteering at community events. In recognition of our commitment to our community we were honored to receive the Beaver Dam Chamber`s Business of the Year award for 2014. No matter what type of financial services you`re looking for, you can trust that American Bank will care for the needs of your family or your business and every step of the way.
A charter was granted on December 17, 1901 to establish “The Clearfield Trust Company” which opened for business in the old opera house property on Market Street on January 15, 1902. The Farmers and Traders National Bank was acquired by the Clearfield Trust Company on October 1, 1911 and in 1931, the Karthaus State Bank was purchased. We started building our branch network in 1960 with the opening of our Bridge Street office. In February 1970, the Clearfield Trust Company changed its name to the Clearfield Bank & Trust Company. The installation of the first Automated Teller Machines in our market area came in 1973. In September 1974, the Philipsburg Office was opened, expanding Clearfield Bank & Trust Company`s market into Centre County. The bank`s fourth office was opened in Curwensville in January 1980 and expansion to customers in Jefferson and Elk Counties became available with the opening of our fifth branch in DuBois in September 1988. The bank`s sixth location opened in March 1997 with the acquisition of the Goldenrod Office located near the Clearfield Mall. A holding company, CBT Financial Corp., was formed in February 2003 to serve as a platform for future growth. Clearfield Bank & Trust Company opened its seventh full-service location in June 2005 with the acquisition of the Pine Grove Mills office located near State College. On November 11, 2005, Clearfield Bank & Trust Company successfully completed the acquisition of six new offices located in Huntingdon, Mount Union, Saxton, Three Springs and Williamsburg. Our Morrisons Cove Office, located in Martinsburg, was opened on April 29, 2013. The Huntingdon Plaza Office relocated to a new location in March 2014. In October 2014, the Saxton and Three Springs branches were closed and consolidated into the Huntingdon and Mount Union branch offices respectively. A Loan Production Office was opened in Altoona on March 7, 2016. The Bank officially changed its name to CBT Bank on September 9, 2016. CBT Financial Corporation entered into a merger agreement with Riverview Financial Corporation on April 20, 2017. CBT Bank opened it`s thirteenth location on August 7, 2017, when it converted its Altoona loan production office to a full service Community Office. On October 1, 2017, CBT Bank became a division of Riverview Bank. Riverview Financial Corporation is the bank holding company of Riverview Bank, headquartered in Harrisburg, Pennsylvania and operating thirty-three offices located in Berks, Blair, Centre, Clearfield, Dauphin, Huntingdon, Lebanon, Lycoming, Northumberland, Perry, Schuylkill and Somerset counties.
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