About First AmBank
First AmBank is a Financial Services company based in Elk Grove Village (United States) founded in 1974. Commercial banking services are provided to businesses and individuals. The company has 281 employees. First AmBank has completed 2 acquisitions, including Bank of Coral Gables and Southport Bank. Its website firstambank.com draws about 189 thousand monthly visits. Its focus areas include Banks and Commercial Banks. Its legal entity is FIRST AMERICAN BANK. Its competitors include Truist, First Republic Bank and Equity Bank; 1 of its 3 listed competitors has raised funding.
Company details
First American Bank was founded in 1974 and is headquartered in Elk Grove Village, United States. Operations are focused on the commercial banking sector, where deposit accounts, loans, and related financial services are offered to corporate clients and personal customers. The bank maintains a presence through its domain, firstambank.com, supporting regional economic activities in the area. Standard regulatory compliance is adhered to in all transactions.
- Headquarters Elk Grove Village, United States
- Employees 281
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Phone•••• ••••
- Website firstambank.com
- Social LinkedIn X Facebook
- Legal Name First American Bank
- Latest Funding Round$2.3M (USD), Debt – Conventional
Jun 2023
- Employee Count281
- Investments & AcquisitionsBank of Coral Gables
& 1 more
Funding Insights of First AmBank
- Total Rounds 2
- Last Round Debt – Conventional — $2.3M
- First Round $273,840
(Jan 2015)
All 2 funding rounds of First AmBank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $2.3M | Debt – Conventional | – | – | – |
| Jan 2015 | $273,840 | Unspecified | – | – | – |
People of First AmBank
5 people are tracked at First AmBank (4 in leadership, 1 in team); the tracked headcount is 281.
| Name | Role | Group |
|---|---|---|
Jeanette Blanch | Chief Lending Officer | Leadership |
Ana Maria Perez | Vice President /market Manager | Leadership |
Wells | CEO and chairman | Leadership |
Migdalia Fernandez | Vice President/branch Manager | Leadership |
Olga Carreras | Kyc/cdd/edd BSA Analyst | Team |
Complete people profiles for First AmBank
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Investments & Acquisitions by First AmBank
First AmBank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bank of Coral Gables and Southport Bank.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commercial banking services are provided to businesses and individuals. | southportbank.com | Kenosha, United States | 1997 | Jan 2018 | •••• | |
Commercial bank | bankofcoralgables.com | Coral Gables, United States | 2006 | May 2014 | $3.4B |
Complete acquisition details for First AmBank
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Timeline of First AmBank
5 dated milestones of First AmBank across 49 years, from founding to its latest funding, stage changes and deals.
- Founded First AmBank is founded.
- Acquisition Acquires Bank of Coral Gables.
- Funding First funding round of $274K.
- Acquisition Acquires Southport Bank.
- Funding Latest funding round, Debt – Conventional, of $2.3M.
Competitors of First AmBank
First AmBank has 3 listed competitors in our database, 1 of them funded. They include Truist, First Republic Bank and Equity Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truist.com | 1872 | Charlotte, United States | 55,480 | Wealth advisory and banking services are offered to clients. | ||
| firstrepublic.com | 1985 | San Francisco, United States | 7,065 | Commercial bank | ||
| equitybank.com | 2002 | Wichita, United States | $89.7M | Commercial banking services are provided to businesses and individuals. |
Detailed competitors of First AmBank
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Web traffic of First AmBank
The website of First AmBank (firstambank.com) receives about 188.6K visits a month and ranks #129,556 among all websites worldwide, #2,091 in Banking Credit and Lending.
- Monthly visits188.6K
▼ 12.4% vs previous month
- Unique visitors47.8K
per month
- Global rank#129,556
among all websites
- Category rank#2,091
Finance · Banking Credit and Lending
- Bounce rate23%
- Pages per visit9.4
- Average visit7 min 39 sec
- DevicesDesktop 73% · Mobile 27%
Websites whose visitors overlap most with First AmBank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| chase.com | 100% | 198.6M | #125 | View details | |
bankfirstamerican.com | bankfirstamerican.com | 83% | – | ||
| fabt.com | 76% | #1,039,466 | View details | ||
firstamericanbanknm.com | firstamericanbanknm.com | 74% | #2,113,331 | – | |
| citi.com | 70% | 138.9M | #349 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
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Related news about First Ambank
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Frequently Asked Questions about First AmBank
First AmBank was founded in 1974 and raised its 1st funding round 41 years after it was founded.
First AmBank is headquartered in Elk Grove Village, United States. It is registered at Elk Grove Village, Illinois, United States.
First AmBank has 281 employees.
First American Bank was founded in 1974 and is headquartered in Elk Grove Village, United States. Operations are focused on the commercial banking sector, where deposit accounts, loans, and related financial services are offered to corporate clients and personal customers. The bank maintains a presence through its domain, firstambank.com, supporting regional economic activities in the area. Standard regulatory compliance is adhered to in all transactions.
First AmBank's top competitors include Truist, First Republic Bank and Equity Bank.
First AmBank has made 2 acquisitions, including Bank of Coral Gables, and Southport Bank.
First AmBank operates through First American Bank.
The website of First AmBank receives about 189 thousand visits a month and ranks #129,556 among all websites worldwide.