American Bank Opens New Corpus Christi Loan Production and Community Development Office
CORPUS CHRISTI, TX | August 28, 2024
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VISIT USAmerican Bank continues to invest in its home market and headquarters of Corpus Christi. This month, American Bank opened its newest Corpus Christi location, which will be a dedicated Loan Production and Community Development Office to serve the growing needs of the community. The new office is located at 3138 S. Padre Island Drive, Ste. 106 in Corpus Christi.
American Bank’s Community Development Department will office at the new location. This team is led by Monique Espinosa, Community Development Manager for American Bank, and is responsible for engaging with current and prospective clients throughout the bank’s South and Central Texas markets.
“We’re excited to open this location for our clients and to establish a new homebase for our community development efforts,” said Mark Meyer, President of American Bank’s South Texas Region. “When we formed the Community Development Department earlier this year, we laid out a plan to engage them with our community. This new office is strategically placed to help Monique and her team to better connect with all areas within Corpus Christi. They’re already doing great things for our clients and our city.”
“My team and I wanted an accessible location where we could be available to those clients who need additional resources for their banking needs,” said Espinosa. “This new office is ideally situated to allow us to connect with our Corpus Christi area clients. Doing this is more than just our responsibility. It’s truly our privilege to be able to provide banking services to all areas of the community.”
American Bank also recently announced plans to open its 7th branch in Corpus Christi later this year. The American Bank – Bay Branch is well underway and scheduled to open in December 2024. The new Bay Branch will be located in the former Bay Building at 101 North Shoreline Blvd., Ste 100.
About American Bank
American Bank was founded in Corpus Christi, Texas in 1970. It is an independent financial institution with assets of $2.5 billion as of June 30, 2024. American Bank has 19 banking locations in the Texas communities of Corpus Christi, Port Aransas, Rockport, Goliad, Victoria, San Antonio, New Braunfels, Austin, and Houston. Since early 2022, American Bank has made two strategic acquisitions. It acquired ACG Equipment Finance based in Austin, Texas, which provides financing for essential business use equipment across the United States. American Bank also acquired TexStar National Bank and its six branch locations in the San Antonio area. American Bank’s strategic plan includes growth in the size and scope of the bank’s operations and geographic footprint; an exceptional banking experience for clients; and a position as a leading regional Texas bank. Services include Commercial Banking, with Centers of Excellence specializing in commercial real estate, medical, energy, SBA and technology lending; a full range of Personal and Business Banking services, including business and personal deposit accounts and loans; Wealth Management services including Private Banking, Investment Management, and Trust; a full suite of technology-enabled Treasury Management services; home mortgage and construction-related loans; and a full range of electronic banking services. Wealth management investments are not a deposit; not FDIC insured; not guaranteed by the bank; and may go down in value. More information can be found at www.americanbank.com. Member FDIC. Equal Housing Lender.
Experienced and Proven
At American Bank, our clients come first. And our straightforward business model combined with a focus on delivering exceptional service has helped us build meaningful client relationships. We also carry a 5-star rating for financial strength as recognized by Bauer Financial.
