About First AmBank
First AmBank is a company based in Elk Grove Village (United States) founded in 1974. First AmBank has raised $273.84 thousand across 2 funding rounds. The company has 281 employees as of December 31, 2021. First AmBank has completed 2 acquisitions, including Bank of Coral Gables and Southport Bank. First AmBank operates in a competitive market with competitors including Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
- Headquarter Elk Grove Village, United States
- Employees 281 as on 31 Dec, 2021
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name First American Bank
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$273.84 K (USD)
in 2 rounds
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Latest Funding Round
$2.3 M (USD), Debt – Conventional
Jun 21, 2023
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Investors
Not available
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Employee Count
281
as on Dec 31, 2021
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Investments & Acquisitions
Bank of Coral Gables
& 1 more
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People of First AmBank
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Funding Insights of First AmBank
First AmBank has successfully raised a total of $273.84K across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.3 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
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.
Investment portfolio details for First AmBank
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Commercial bank
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Locked | Locked | 2006 | Locked | |
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Commercial banking services are provided to businesses and individuals.
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Locked | Locked | 1997 | Locked |
Complete acquisition details for First AmBank
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Financial Statements - First AmBank
Detailed financials for First AmBank
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First Ambank Comparisons
Peer comparison for First AmBank
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Competitors of First AmBank
First AmBank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Equity Bank, Investec and UniCredit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Wealth advisory and banking services are offered to clients.
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| Locked | Locked | Locked |
Commercial bank
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| Locked | Locked | Locked |
Commercial banking services are provided to businesses and individuals.
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| Locked | Locked | Locked |
Global banking, investment, and wealth management services are offered worldwide.
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| Locked | Locked | Locked |
Commercial bank
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| Locked | Locked | Locked |
Commercial banking and wealth management services are offered globally.
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Detailed competitors of First AmBank
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Latest news on First Ambank
Complete news archive for 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 is a funded company, having raised a total of $273.84K across 2 funding rounds to date.
As of Dec 31, 2021, the latest employee count at First AmBank is 281.
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 has made 2 acquisitions, including Bank of Coral Gables, and Southport Bank.