American Bank Recognized by Foster Angels of South Texas
CORPUS CHRISTI, TX | October 9, 2024
American Bank was recently presented with the Ted Oakley Legacy of Change award by Foster Angels of South Texas. Named after Foster Angels founder, Ted Oakley, the award honors an organization or individual whose philanthropic efforts are creating an exceptional impact to further the mission of Foster Angels of South Texas. The award was given to Stephen C. Raffaele, American Bank’s President and CEO, during the Foster Angels Champions of Courage event held in Corpus Christi, Texas last month.
“I’ve known Ted for many years, and I know his standard for excellence. It means so much to all of us at American Bank to receive an award with Ted’s name on it from an organization Ted founded and where he has poured so much of his energy and time,” said Raffaele. “Foster Angels does important work for our community. It’s an organization that makes a difference where and when it matters. It’s this type of difference-making community support that also drives us at American Bank. Supporting our communities by helping our neighbors and friends is of the utmost importance to American Bank.”
“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.”
“Over 49,000 children and youth in foster care have been positively impacted by Ted Oakley and Foster Angels' efforts since our inception 25 years ago,” said Trista McGinnis, Development Director for Foster Angels of South Texas. “So much of this was made possible with support from American Bank, and we felt it was only appropriate that they receive the Ted Oakley Legacy of Change Award. We are so grateful for their genuine concern for this vulnerable population, who mean so much to us.”
Established in Corpus Christi in 1970, American Bank is a locally owned community bank. For more than 54 years, American Bank has developed meaningful relationships and deep roots in the Corpus Christi community. It is in this spirit that American Bank has proudly supported Foster Angels of South Texas.
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 September 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.