American Bank Names Stephen C. Raffaele as CEO

“Steve has been the architect of our vision to become a leading Texas regional bank, and he has recruited a highly experienced and talented team of executives to lead the bank toward that end,” said Mr. Wallace. “While the bank is evolving, we continue to provide the personal service, community service and deep local market knowledge we are known for, along with the sophisticated products, services and technologies typically found in much larger banks,” he added. “Steve has proved to be a capable and compassionate leader, with significant milestones leading toward our long-term goals already achieved. Under his leadership, we are excited to be introducing our unique style of banking to new markets in Texas and enhancing our relationships with clients who have already trusted us to find solutions for their financial needs. We see great days ahead for the bank and our clients.”

Stephen C. “Steve” Raffaele is a longtime, well-known Texas banker with over 30 years of experience in the financial services industry. He joined American Bank in September 2016 as Executive Vice President and was promoted to President and Chief Operating Officer in May 2017. Prior to becoming associated with the bank, Raffaele held various executive positions with both publicly-traded and private banking organizations throughout Texas. His career includes positions as president, chief financial officer, chief operations/operating officer, chief strategy and chief development officer, as well as serving as a board member and investor in various banks. He is a Chartered Financial Analyst (CFA) and received a B.A. in Business from Baylor University.

“American Bank has a history as a leader in community banking, serving South and Central Texas for over 47 years. I am honored to have the opportunity to lead the bank and look forward to delivering on our commitment to serve the needs of our clients, employees and communities well into the future,” said Raffaele.