“Bill and Kathy bring a perfect combination of community banking experience fused with the leadership mentality to help guide AB&T into our next era of growth”, said Scott Erickson, President and CEO of American Bank & Trust. “We have aggressive plans to build, remodel and invest in these key markets and we have a great team in place to get us there.”
AB&T plans to break ground on a new branch build this summer in Tea at the corner of North Heritage Parkway and North Gateway Lane, across the street from Scooters. The new Tea branch is scheduled to be complete in 2025. “I’m thrilled to have joined the fantastic team at AB&T and look forward to being engrained in and continue to support the ever-evolving community of Tea”, said Tea Market President Kathy Graff. “We can’t wait to invite the entire town in to showcase our partnership and investment in in the community. Stay tuned for more details.”
American Bank & Trust is also planning an extensive remodel of the downtown building where the Lennox branch lives. “AB&T plans to remain a cornerstone of downtown Lennox, while revamping the interior space for better use in the future, said Bill Kuhl, Lennox Market President. “We are proud to already be supporting the Lennox community through sponsorships with the Lennox School District, Lincoln County Fairgrounds and Lennox Area Development Corporation.”
AB&T acquired Valley Exchange Bank in July of 2023, which included the Tea and Lennox
locations.
About American Bank & Trust
American Bank & Trust (AB&T) is a $1.7 billion asset, family-owned community bank that has served South Dakota since 1888. AB&T offers robust banking and trust services, complimented with the most recent modern technology, delivered by the finest personnel in banking in 19 locations throughout South Dakota, North Dakota and Minnesota. The freedom to create is what the Bank stands for in the culture they’ve developed and in the relationships they’ve built over generations. AB&T is committed to being a bank that energizes the imagination, empowers real people’s aspirations, and thrives on solving interesting challenges. To learn more, visit www.ABT.bank. Member FDIC.
