American Bank to Pursue New Ways of Connecting with Corpus Christi Community

CORPUS CHRISTI, TX | April 23, 2024

For the past two decades, American Bank has proudly sponsored the American Bank Center in Corpus Christi. After careful consideration, American Bank has decided to pursue new ways of connecting with its clients and the Corpus Christi community and will end its naming rights sponsorship at the conclusion of the current contract.

“Twenty years ago, the City approached American Bank and asked for our help with the Center’s naming rights,” said Mark Meyer, American Bank’s Market President for South Texas. “Corpus Christi is American Bank’s headquarters and we saw this as a great opportunity to support our hometown. This partnership served the City and our bank very well for many years and we’ve maintained a great relationship with the City. It’s now time for American Bank to pursue new and different ways to support the Corpus Christi community and our clients.”

American Bank originally assumed naming rights for the American Bank Center in 2004, including sponsorship of the arena, Selena auditorium, and the convention center at the American Bank Center complex. This initial agreement was eventually extended for another 10 years in 2014. The current naming rights agreement with the City of Corpus Christi is set to expire on September 30, 2024.

"We’ve had a great experience as the title sponsor for the American Bank Center,” said Stephen C. Raffaele, American Bank President and CEO. “We took on the naming rights at a pivotal point in our bank’s 54-year history. Twenty years ago, we had a handful of branch locations, and now today, we have 19 banking locations across South and Central Texas. The Coastal Bend is home, and we have an unwavering commitment to Corpus Christi as our headquarters. We’re grateful for the trust our clients have put in American Bank, and we look forward to continuing to serve their needs well into the future.”

Over the next several months, American Bank will work with the City and its representatives to ensure a smooth transition of the naming rights.

 

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 March 31, 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, 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 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.

 

Routing Number | 114903284

34.239.170.244 - Ashburn - 20149 - False