American Bank & TexStar National Bank

 

Why is TexStar being acquired?

• The timing is right for TexStar to align with another bank that shares our commitment to serving local communities by providing banking services with excellence. 
• Like many banks, TexStar has experienced regulatory and industry changes that have made banking much more complex. By merging with a larger organization, our employees and clients will have access to an extensive knowledge base and additional resources that will enhance the overall banking experience. 

Why did TexStar decide to partner with American Bank?

• There's a great pairing of cultures between our banks and we both have strong heritages as Texas-based community banks. This will not change. 
• Clients will have access to a broader banking footprint, with locations in San Antonio, New Braunfels, Austin, Victoria, Goliad, Corpus Christi, Port Aransas, Rockport and Houston. 
• TexStar clients will receive many enhanced digital banking offerings, a complete suite of Treasury Management services, access to consumer mortgages and other consumer lending products, a client support call center team, and access to wealth management services. 

Will the TexStar name change? 

• TexStar will continue to operate with the same name until early 2023. By March 2023, the TexStar name will transition to American Bank. More details will be provided in the coming months. 

Will there be any changes to TexStar's staff?

• The plan is for TexStar's leadership team to remain intact. We anticipate that you'll see many of the same friendly faces long into the future. 

Will any of the TexStar branches close? 

• No. Your TexStar branch will continue to be available to you. Plus, you'll have more locations across the state to serve your banking needs once the merger is complete in March 2023. 

Will the branch hours change? 

• No changes are planned in the immediate future. Should our hours adjust later, we will notify you well in advance. 

Will my banking account number(s) change? 

• No. Your account numbers will remain the same.

Will I be able to use my existing checks and debit card? 

• Yes. You can continue to use your same TexStar checks and debit card. Even when the merger is complete in late March 2023, you will be able to use your existing checks and card. 

Will my online banking, mobile banking, and/or bill pay change immediately? 

• Not at this time. The banks must first complete the full conversion of their operating systems, which is targeted for late March 2023. Review our Online Banking Conversion Guides to stay updated.

 

Business Online Banking Conversion Guide               Personal Online Banking Conversion Guide

 

Will I be able to start using American Bank's branches immediately? 

• Not yet. You will continue to bank at current TexStar branch(es) until both banks' operating systems are integrated in 2023. Then you will be able to seamlessly bank at any of the American Bank branches (late March 2023).