Charter Bank Appoints Entrepreneur Motaghi to Board of Directors

Corpus Christi-based Charter Bank has appointed local business leader and former president of the Snappy Foods convenience store chain Mohammad “Moe” Motaghi to its board of directors. Motaghi immigrated to Corpus Christi from Iran in 1977. While in high school, he worked at Whataburger to support himself and his family back home. He eventually worked … Read more

Vigil Joins American Bank as Chief Compliance Officer

Corpus Christi-based American Bank announced that Eric Vigil has joined the bank as chief compliance officer. Making the announcement was Stephen C. Raffaele, president and CEO. Vigil joins American Bank with more than 12 years of experience in compliance risk management. During his career, he has led teams with responsibility for and oversight of compliance, … Read more

American Bank’s Raffaele and Keystone Bank’s Wilkinson Nominated for Best CEO Award

Congratulations to American Bank’s Stephen C. Raffaele and Keystone Bank’s Jeff Wilkinson for being nominated as the top CEO in Central Texas in the Austin Business Journal’s 2022 “Best CEO Awards.” The Austin Business Journal hosts the annual awards to recognize chief executive officers in Central Texas who have a strong record of innovation and … Read more

Charter Bank Appoints Adler to Board of Directors

Corpus Christi-based Charter Bank recently announced the appointment of Matt Adler to its board of directors. Adler, sales manager at Atlas Iron & Metal, lived in the Dallas area for 20 years, but returned to Corpus Christi in 2012 to work for the family’s sales and property management business. He earned his BBA degree in … Read more

Louisiana-based Investar Bank Agrees to Sell Two South Texas Branches to First Community Bank

On July 18, Baton Rouge, Louisiana-based Investar Holding Corp. announced that its wholly owned subsidiary, Investar Bank National Association, has entered into an agreement to sell certain assets, deposits and other liabilities associated with its Alice and Victoria locations in Texas to Corpus Christi-based First Community Bank. The pending sale is expected to close in … Read more

American Bank to Enhance Presence in San Antonio with Acquisition of TexStar National Bank 

On June 7, Corpus Christi-based American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into American Bank and the combined banks will operate under the American Bank … Read more

Charter Bank Appoints Haney to Board of Directors

Corpus Christi-based Charter Bank has appointed Casey Haney to its board of directors. He has served the governor of Texas and members of the U.S. House of Representatives, Texas House of Representatives and the Texas Senate in roles ranging from senior advisor to chief of staff. He also served in executive roles at the Texas Railroad … Read more

Texas Bankers Hall of Fame Announces 2022 Honorees

The Texas Bankers Hall of Fame will induct its 2022 honorees at the Ninth Annual Texas Bankers Hall of Fame Gala on April 28 on the campus of Sam Houston State University in Huntsville. Five iconic bankers—James D. “Jay” Dreibelbis, the late Robert Griffith “Bob” Greer, W. Wes Hoskins, Ben Morgan and R. Michael Rigby—will … Read more

Grove Joins American Bank’s Private Banking Team

Corpus Christi-based American Bank has hired Jennifer Grove to join its private banking team as senior private banking officer and commercial lender. She will be responsible for serving the lending, deposit and financial services needs of private banking clients throughout the Corpus Christi area, as well as supporting the needs of her commercial lending clients. … Read more

American Bank Announces Acquisition of ACG Equipment Finance 

On January 3, Corpus Christi-based American Bank announced the acquisition of ACG Equipment Finance (ACG), a fully integrated direct equipment financing company headquartered in Austin. “Our acquisition of ACG Equipment Finance is consistent with our long-term strategic plan,” says Stephen Raffaele, CEO and president of American Bank. “Bringing our companies together accelerates our growth strategy, … Read more