Monique Espinosa Appointed to Lead American Bank's Community Development Team

CORPUS CHRISTI, TX | March 28, 2024

American Bank is pleased to announce Monique Espinosa has been promoted to the role of Community Development Manager. In this newly created position, Espinosa will lead the bank’s Community Development team and be responsible for engaging with current and prospective clients throughout the bank’s South and Central Texas markets. She’ll also have responsibility for strategic initiatives related to the bank’s Fair Lending and Community Reinvestment Act (CRA) practices, including reaching out to underserved areas within the communities the bank serves. Making the announcement was Eric Vigil, American Bank’s Chief Compliance Officer.

Espinosa has nearly 20 years of experience at American Bank, primarily with the bank’s Mortgage Center where she developed a strong background in underwriting, CRA, and community outreach. A native to Corpus Christi, Espinosa’s career spans more than 26 years in the mortgage banking industry.

“Continuing to meet the needs of our clients in South and Central Texas is a critical component of our strategic plan,” said Vigil. “Monique’s extensive knowledge and experience in CRA, Fair Lending, and mortgage banking allows us to extend our efforts to create better communities. Monique is a strong leader and I know she’ll help American Bank stay at the forefront of community banking.”

“I am fortunate to have spent most of my career at American Bank where I’ve been able to see firsthand the difference a community-minded bank can make,” said Espinosa. “I look forward to leading the Community Development team and delivering banking services with excellence in order to build on our bank’s legacy of outreach and local support.”


About Monique Espinosa

Monique Espinosa originally joined American Bank in 2005 as a Mortgage Officer with a focus on Community Development. Most recently, she served as the bank’s Mortgage Underwriter Officer where she’s served since 2021. Prior to that, Espinosa spent eight years working at another regional bank as part of the mortgage team.

In her new role as American Bank’s Community Development Manager, Espinosa will lead the Community Development team and be responsible for engaging with current and prospective clients throughout the bank’s South and Central Texas markets, including reaching out to underserved areas within the communities the bank serves.

Espinosa is a native of Corpus Christi. She remains active in her community and has served on a variety of boards including the Habitat for Humanity, Corpus Christi Community Development Corporation, Junior Achievement of the Coastal Bend, and the West Side Business Association. She’s also been recognized for her outreach by the Independent Bankers Association of Texas and was previously honored by the Corpus Christi Association of Realtors as Affiliate of the Year.


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 December 31, 2023. American Bank has 19 locations in the Texas communities of Houston, Austin, Corpus Christi, San Antonio, New Braunfels, Port Aransas, Rockport, Goliad, and Victoria. 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, Trust and non-bank investments; 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 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.


Routing Number | 114903284 - Ashburn - 20149 - False