Ben Wallace, chairman of the board of Corpus Christi-based American Bank, has announced that Clayton J. Hoover Jr. has been elected to the bank’s board of directors and Robert Greenwood has been appointed to serve as chairman of the bank’s advisory board of directors. Advisory board members act as bank ambassadors and provide advice and counsel related to the competitive landscape and how to differentiate the bank.
Hoover joins the board having served on the bank’s advisory board since 2019. He is a native of Corpus Christi and has lived in San Antonio since 2011. His experience includes management of oil and gas assets in South Texas for various companies. He joined American Bank in 2015 and served in various capacities within the Corpus Christi and San Antonio markets. In 2019, he left the bank to serve as managing partner at CHH Interests Ltd., a family partnership holding equity and real estate interests in South and Central Texas. Hoover holds a BA degree in political science with a minor in business from Southwestern University. He also earned an MBA degree from the University of the Incarnate Word.
“Clayton shares our long-term commitment to community banking,” Wallace says. “We are pleased to have him as part of the team leading the bank toward its goal of being a leading Texas regional bank and into its next 50 years of commitment to our clients and communities.”
Greenwood, a retired American Bank executive, moves from the board of directors to his new role as advisory board chairman. He will focus on business development and expanding the advisory board’s role in the bank’s individual market areas. Greenwood joined American Bank as Austin region president in 2011 and was elected to the bank’s board of directors in 2011. He retired from American Bank in 2017 after a more than 40-year banking career, much of it in the Austin market. Greenwood holds a bachelor’s degree in biology from Southern Methodist University, an MBA degree in finance from Sam Houston State University and is a graduate of the National Commercial Lending School at the University of Oklahoma.
“With the bank’s expansion into new market areas, it’s extremely important to have a group of people who can help us introduce ourselves in each community and provide insight and feedback on our efforts there,” Wallace notes. “It’s also critical that we stay in touch with our existing communities. Robert’s experience and success in working with Austin board members to elevate American Bank in that market are foundational to building the bank-wide advisory resources we envision. I’m excited to have him filling this new role.”
Established in 1970, American Bank has assets of $1.9 billion as of December 31 operates 13 locations in the Texas communities of Austin, San Antonio, Houston, Corpus Christi, Port Aransas, Rockport, Goliad and Victoria.