American Bank has announced that Randy Price has joined the bank as Victoria Market President. Making the announcement was Mark Meyer, President, South Texas Region.
“I am pleased to announce that Randy Price has joined our highly experienced team of professionals in Victoria as Market President,” stated Meyer. “Since entering the market, American Bank has been focused on building a strong local team of local bankers and I am pleased to have a leader with Randy’s qualifications and expertise leading our team in Victoria,” he added.
“Randy’s deep ties to the Victoria area are an invaluable asset, and his personal philosophy around serving clients is very much in tune with the relationship-based and solutions-oriented approach for which American Bank has been known since its founding almost half a century ago,” Meyer continued.
About Randy Price
Price comes to American Bank with over 27 years of financial institution experience in and around the Victoria area, most recently serving as Senior Vice President with Prosperity Bank with responsibility for developing and managing relationships with commercial and individual clients. In his new role at American Bank, Price will be responsible for all commercial banking activities in the Victoria and surrounding areas.
A native of Victoria and graduate of Stroman High School, he holds a Bachelor of Science in Business Administration / Accounting from University of Houston - Victoria. Active in the community, Randy has worked with many organizations in both leadership and volunteer capacities including Victoria ISD Education Foundation, Community Food Bank of Victoria, Victoria Northwest Little League, and Making the Grade.
About American Bank
American Bank is committed to be a leading Texas regional bank by leveraging its strength as a community bank with a reputation for emphasizing client relationships and serving the communities in which it operates.
The bank was founded in Corpus Christi, Texas in 1970 and entered the Austin market in 2001. It is an independent financial institution with assets totaling nearly $1.4 billion as of September 30, 2018. The bank now has 15 locations in the communities of Austin, Corpus Christi, Goliad, Houston, Port Aransas, Rockport, San Antonio and Victoria. It also operates a network of 18 ATMs. The bank’s strategic plan includes growth in the size and scope of the bank’s operations and geographic footprint; an enhanced, exceptional banking experience for clients; and a position as a leading regional Texas bank by 2022. Services include commercial banking, with Centers of Excellence specializing in commercial real estate, medical, energy, SBA and technology lending; a full range of business and personal deposit accounts and loans; Private Banking for executives and professionals; Treasury Management services; home-related loans; and a full suite of electronic banking services. In addition, the bank’s subsidiaries and other partners offer trust and asset management, insurance, and non-bank investment services. Those partners include American Bank Trust and Asset Management, the American Financial Insurance Services affiliate Borden Insurance, and American Investment Services, a division of Herndon Plant Oakley Ltd., member FINRA/SIPC.
American Bank acquires TexStar National Bank
What you need to know
As of October 1, 2022, American Bank purchased TexStar National Bank. If you are interested in additional details about our acquisition of TexStar, we’ve created a merger guide including FAQs