Amistad Bank
Amistad Bank is a private, Texas-chartered community bank in Del Rio, Texas, offering personal and business banking, SBA lending, and mortgage services to local consumers and small businesses with bilingual English/Spanish support.
- Company typePrivate
- Founded2003
- HeadquartersDel Rio, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Amistad Bank does
Amistad Bank is a private, Texas-chartered community bank headquartered in Del Rio, Texas, operating under FDIC insurance and Texas Department of Banking oversight. Founded in 2003, the bank runs a single-branch retail model serving individuals, small businesses, and homebuyers in the Del Rio border market. Its service offering is built around personal deposit products (including a Diamond Money Market account with a $1M opening threshold), business banking, SBA lending, and mortgage origination; the bank is the only designated SBA Express Lender in Del Rio. Bilingual English/Spanish service is a core operating feature, reflecting the demographics of the border trade area.
The bank is owned by Patrons Holdings, which acquired Eden Financial Corporation, the bank's prior parent, in 2024. In March 2025 the bank launched a new online banking platform and mobile banking app, supported by partnerships with CardValet (card control and digital wallet features) and ReadyNest (homebuyer education). These are the first material digital channel investments in the firm's 20-year history, layered on top of a previously branch-only distribution model.
Revenue mechanics follow a standard community-bank model: net interest income from loans and securities, plus fee revenue from deposits, SBA origination, and mortgage production. The institution has 11-50 employees and operates from a single physical location, with no disclosed expansion of geography, vertical, or customer segment beyond its existing local footprint.
Amistad Bank firmographics
Firmographics- Name
- Amistad Bank
- Legal name
- Amistad Bank
- Website
- https://amistadbank.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Amistad Bank is a private, Texas-chartered community bank in Del Rio, Texas, offering personal and business banking, SBA lending, and mortgage services to local consumers and small businesses with bilingual English/Spanish support.
- Ownership category
- akta.pro rank
Amistad Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211), Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Mutual Savings Banks & Mutual Thrifts (FSABAEAD)
Keywords
Where Amistad Bank is headquartered
LocationHeadquarters
- HQ city
- Del Rio
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Amistad Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Personal Banking Services: Interest and fee income from personal checking, savings, money market accounts, CDs, and IRAs. Revenue generated through monthly service charges, minimum balance fees, and interest rate spreads.
- Mortgage Lending: Revenue from originating FHA, VA, conventional mortgages, new construction loans, and home equity products. Fees earned on loan origination and servicing.
- Business Banking Services: Income from business checking accounts, SBA loans (7a, 504, Express programs), commercial real estate loans, and business money market accounts. Fees include service charges and loan interest.
- Consumer Loans: Auto loans, personal loans, recreational vehicle loans, and secured/unsecured lending generating interest income and origination fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | E-Checking: $50 opening, $5.50 monthly if below $50 balance |
| Subscription | Monthly | Regular Checking: Fee waived for qualifying customers |
| Subscription | Monthly | Amigo/Amigo Plus Checking: $100 opening, $6.50 monthly if below $500 |
| Subscription | Monthly | Savings Account: $9 quarterly if below $200 balance |
| Subscription | Monthly | Money Market: $2,500 minimum, $10 monthly if below minimum |
| Subscription | Monthly | Platinum Money Market: $25,000 opening, tiered rates up to $250,000 |
| Subscription | Monthly | Diamond Money Market: $1,000,000 opening, $50 monthly if below $750,000 |
| Subscription | Monthly | CDs/IRAs: $1,000 minimum opening |
| Subscription | Monthly | Amistad Simple Business Account: $100 opening, $6.50 monthly if below $500 |
| Subscription | Monthly | Business Checking: $9.50 monthly if below $1,500 |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels4 records
Amistad Bank product offering
Product offeringCore offering
Amistad Bank is a community bank that provides personal and business banking services, including checking and savings accounts, money market accounts, CDs, IRAs, consumer loans, and mortgage lending (FHA, VA, conventional, new construction, refinancing, and home equity). For businesses it offers business checking, business money market, commercial real estate loans, and SBA loans (7a, 504, and Express). All deposits are FDIC insured and services are delivered in English and Spanish through a single Del Rio, Texas branch, supplemented by online and mobile banking.
Product overview
Amistad Bank is a community bank serving Del Rio, Texas, offering a comprehensive suite of personal and business banking products. Personal banking includes multiple checking accounts (E-Checking, Regular Checking, NOW Account, Amigo Checking), savings accounts (Savings, Santa Savings), money market accounts (Money Market, Platinum, Diamond), CDs/IRAs, consumer loans (car, personal, RV, unsecured), and mortgage products (FHA, VA, Conventional, New Construction, Refinancing, Home Equity). Business banking features business checking accounts, business money market, commercial real estate loans, and SBA Express loans. The bank also provides digital banking through online and mobile platforms. All services are backed by FDIC protection and offered with bilingual support in English and Spanish.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts Tiered personal checking accounts including E-Checking, Regular Checking, NOW Account, Amigo/Amigo Plus Checking, and Friendship Club / Club 55 premium checking for members and seniors (55+), with competitive rates, free online/mobile banking, and fee waivers for students, seniors (62+), and military personnel.
- Personal Savings and Money Market Accounts
- CDs and IRAs
- Consumer Loans
- Mortgage Loans
- Business Checking and Money Market Accounts
- SBA Loans
- Commercial Real Estate Loans
- Online Banking Platform
Companies that use Amistad Bank
Customer profileSegments4 records
Ideal customer profiles3 records
Amistad Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature3 records
Amistad Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ReadyNest (First Time Homebuyer Course)minorReferral partnership for first-time homebuyer education course. Amistad Bank refers mortgage applicants to ReadyNest for first-time homebuyer courses as part of their down payment assistance program.
Scale indicators5 records
Recent moves7 records
Expansion highlights4 records
Amistad Bank competitors and assessment
Company assessmentBroad incumbents
- Southside Bank: Texas community bank with a similar mix of consumer banking, mortgage lending, and small-business services. Comparable product breadth to Amistad though operating across more Texas markets.
- International Bank of Commerce (IBC Bank): Large Texas-based community-oriented bank with deep border-region presence and bilingual operations. Comparable to Amistad as a Texas community bank serving Hispanic consumer and small-business segments, but with materially greater scale and branch network.
- Cadence Bank: Texas and Southern U.S. regional bank offering community banking, mortgage, and small-business services. Comparable in product offering to Amistad but operates at significantly larger scale with broader geographic reach.
- Frost Bank: Texas-based regional bank with strong community banking heritage, consumer and small-business focus, and comparable deposit product suite. While much larger than Amistad, it competes for similar relationship-driven Texas banking customers.
- Independent Bank Group: Texas-headquartered community bank holding company with comparable deposit, mortgage, and SBA-style lending products. Comparable business model and Texas market focus, but with materially greater scale.
Emerging players
- Live Oak Banking Company: Digital-forward small-business lender specializing in SBA loans. Competes with Amistad for SBA small-business borrowers but with a national digital-only model rather than a single-branch community presence.
- Raisin (SaveBetter): Online deposit marketplace that aggregates FDIC-insured deposits from partner banks, including community banks. Represents a channel and competitive threat relevant to Amistad's deposit-gathering model as digital deposit platforms evolve.
Direct peers
- Lone Star National Bank: Texas border-region community bank headquartered in Pharr, TX with comparable bilingual community focus and SBA/small-business lending orientation. Closest peer to Amistad given similar border market positioning and product mix.
- Texas National Bank: Texas-based community bank offering personal and business banking services including SBA and consumer lending. Comparable product mix and community bank orientation to Amistad.
- First National Bank of Eagle Pass: Small community bank operating in Eagle Pass, Texas on the U.S.–Mexico border. Closely comparable to Amistad in scale, single-market community banking model, and border-region bilingual customer base.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Amistad Bank social profiles
Digital presenceAmistad Bank compliance and trust
Trust signalCompliance3 records
Amistad Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Amistad Bank leadership team
Management profileNumber of profiles
Profiles12 records
Amistad Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Amistad Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Amistad Bank
What does Amistad Bank do?
Amistad Bank is a community bank that provides personal and business banking services, including checking and savings accounts, money market accounts, CDs, IRAs, consumer loans, and mortgage lending (FHA, VA, conventional, new construction, refinancing, and home equity). For businesses it offers business checking, business money market, commercial real estate loans, and SBA loans (7a, 504, and Express). All deposits are FDIC insured and services are delivered in English and Spanish through a single Del Rio, Texas branch, supplemented by online and mobile banking.
Is Amistad Bank a public or private company?
Amistad Bank is a private company. It is classified as corporate owned and is currently operating.
When was Amistad Bank founded?
Amistad Bank was founded in 2003. It employs 11 to 50 people.
Where is Amistad Bank based?
Amistad Bank is headquartered in Del Rio, United States, in the North America region.
How does Amistad Bank make money?
Four revenue lines are on record. Personal Banking Services are the primary driver. The others are mortgage Lending, business Banking Services and consumer Loans.
Who are Amistad Bank's main competitors?
Broad incumbents on record are Southside Bank, International Bank of Commerce (IBC Bank), Cadence Bank, Frost Bank and Independent Bank Group. Emerging players are Live Oak Banking Company and Raisin (SaveBetter). Direct peers are Lone Star National Bank, Texas National Bank and First National Bank of Eagle Pass.
Does Amistad Bank have an API?
No public API is recorded for Amistad Bank.
What industry is Amistad Bank in?
Amistad Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAEAD, Mutual Savings Banks & Mutual Thrifts. Its NAICS code is 52211 and its SIC code is 6162.