American Bank Rates & Review

American Bank Review

American Bank is the largest independent bank in Corpus Christi, Texas, with branch offices throughout the state.

American Bank first opened in 1970 in Corpus Christi, Texas. The company has grown slowly and steadily over the years. As of 2010, it has thirteen different branch offices in six cities around Texas. Seven of those branches are in Corpus Christi. In fact, American Bank is the largest independently owned bank in Corpus Christi.

Although they have grown, American Bank has chosen to ignore opportunities for mergers. This is a bank that emphasizes the value of remaining an independent bank. This gives them the power to tailor their products to the specific needs and requests of their customers.

Banking products

So what are the products offered by American Bank? They offer standard checking account and savings account options along with advanced personal banking products such as CD and money market account alternatives. The bank also offers personal loans and home loans. American Bank partners with investment advisor Herndon Plant Oakley Ltd to offer American Investment Services, a palette of investment services such as brokerage accounts and retirement accounts.

Business services

American Bank also offers business banking. In fact, they do a free cash management analysis for their business banking customers to assist them in finding the right accounts with the bank. Their small business checking accounts include reward checking accounts and fee-reducing accounts.

Community reputation

In 2004, this bank received the local Caller Times Best of the Best Award for both banking and mortgage lending, and was nominated as one of the best Corpus Christi employers in 2003.

FDIC insurance

Accounts at American Bank are FDIC-insured up to $250,000 per depositor.