Making history for over 40 years.
We’re so busy moving forward, we rarely take the time to look back. But we’ve achieved many milestones. From our start in Corpus Christi, on to our growth throughout South Texas and into Greater Austin, we’re pleased to share these historical highlights. Take a look and you’ll see that what started in 1970 continues strong today. And while there’s much to reflect proudly upon, it’s what lies ahead for American Bank and our customers that excites us the most.
While the rest of America was grooving to the disco beat, a group of visionary investors in Corpus Christi were hard at work crafting the future of Texas banking. In 1970, American Bank was founded to serve the city’s developing southside.
For Ronald Reagan, it was an era of tearing down walls. For American Bank, it was an era of building them up. A second bank, American Bank – Corpus Christi, opened in 1985 and American Bank Holding Company was formed soon after. In the latter part of the decade, the two banks merged, with the American Bank – Corpus Christi location becoming known as the American Bank – Uptown branch and the southside location as American Bank – South.
The 90’s marked a decade of great expansion for American Bank. As businesses boomed throughout the Coastal Bend, American Bank stayed in lock step, providing the products and services needed to keep the wheels of industry turning.
Along the way, we celebrated the opening of five new locations, including:
- Padre Island
- Port Aransas
- Texas A&M University – Corpus Christi
American Bank ushered in the new millennium by opening a branch at One Shoreline Plaza in downtown Corpus Christi. The expansive bayfront views served as a fitting metaphor for the seemingly endless opportunities that lay ahead. As the decade rolled on, we continued to expand on our geographic service area and name recognition.
A locally owned agency, Borden Insurance, was purchased. In addition, American Bank entered into a joint marketing agreement to offer non-bank investment products to customers through American Investment Services, a division of Herndon Plant Oakley Ltd.
To Austin we go.
American Bank’s leadership team saw opportunities for our style of banking in Central Texas and, in 2001, expanded into the capital city of Austin. The Westlake location opened first, followed shortly by Lakeway in 2004 and a Downtown branch in 2012. In 2013, Executive Offices opened in the One American Center building, adjacent to the Downtown branch, giving the bank a regional headquarters location for operations in Central Texas. In 2014, with the expiration of the Lakeway branch’s lease, a difficult business decision was made to close that location. Late in 2015, a Loan Production Office was opened in The Domain. Our commitment to the Austin area remains strong, and we plan for the American Bank footprint to continue to grow there, along with our loyal customer base.
Onward and upward in South Texas.
As momentum continued in Austin, American Bank stayed true to its growth strategy in the Coastal Bend. In 2003, the bank opened a Rockport location and a year later Corpus Christi's Calallen office opened. American Bank also secured the naming rights to Corpus Christi’s new arena, auditorium and convention center complex now known as the American Bank Center.
We departed the Texas A&M University – Corpus Christi campus when they retained a new bank to provide financial services through their on-campus bank branch. American Bank also moved into the Goliad and Victoria, Texas markets.
So, where are we headed next?
Well, that all depends on where you want to go – in business and in life. Come in and share your goals and, together, we’ll make history.