President Named at Towson Community Bank as Expansion Gets Underway at AmericasBank

  
    
  
  
    
      AmericasBank Corp. (Nasdaq: AMAB), parent company of AmericasBank, 
      announced today it has hired Ellen R. Fish as President of Towson 
      Community Bank, an operating division of the Towson-based bank.
    
    
      Earlier this month, AmericasBank announced its plan to open three to 
      five community banking centers in central Maryland. Each banking center 
      will be independently-operated and marketed under its own trade name as 
      a division of the bank. AmericasBank’s 
      community banking center in Towson will change its name to Towson 
      Community Bank, effective July 1, 2007.
    
    
      “Ellen Fish epitomizes the kind of local 
      banking leader we will seek for our community bank centers as we move 
      forward,” commented AmericasBank President and 
      CEO Mark H. Anders. “She’s 
      well connected to Towson, respected as a banker, and committed to the 
      prosperity and development of her community. We’re 
      lucky to have her.”
    
    
      Anders also said that Fish’s hiring signals 
      the Company’s new direction. “AmericasBank 
      is becoming a family of community banking centers organized to look, 
      act, and feel like independent local banks,” 
      he said. “We believe that small, 
      independently-operated community banking centers can be highly 
      profitable by focusing sharply on providing the personal service and 
      common sense solutions not offered by big banks.
    
    
      “A family of such banking centers offers the 
      opportunity for steady, controlled growth and above-market investment 
      returns, and people like Ellen will help make that possible.”
    
    
      Fish has worked in banking in Towson and Baltimore since moving to the 
      area in 1984. Most recently, Fish served as Senior Vice-President, 
      Commercial Banking, at Provident Bank, a post she held from 1997 until 
      joining Towson Community Bank.
    
    
      As founder and Chairman of the Board for the Baltimore County Small 
      Business Resource Center, Fish has worked closely with the College of 
      Business and Economics at Towson University, where she also serves as a 
      member of the College’s Advisory Board. She 
      is a past Chairman of the Board and current Board Member of the 
      Baltimore County Chamber of Commerce.
    
    
      Fish was named one of Maryland’s Top 100 
      Women by The Daily Record in 2005. She currently resides in Lutherville 
      with her husband and their two children.
    
    
      Fish indicated that the Towson banking center will focus on professional 
      service firms, small businesses, real estate developers and the personal 
      banking needs of executives and professionals. “It’s 
      exciting to be part of a bank that will be completely attuned to the 
      needs of these customers in our community and completely dedicated to 
      providing an unprecedented level of service to meet those needs,” 
      she said.
    
    
      Fish joins Patricia M. Long and Kathleen B. Fuchs as recent additions to 
      the management team at the Towson banking center. Long was hired as a 
      Vice President last month, after a 20 year banking career that included 
      helping Fish start a professional and executive banking group at 
      Provident Bank in 1999.
    
    
      Fuchs joins Towson Community Bank as a Vice President in its commercial 
      real estate lending group. Most recently, she was chief lending officer 
      at Valley Bank of Maryland. Fuchs brings over 25 years of lending 
      experience to the Towson banking center.
    
    
      Anders said AmericasBank will soon announce an opening date for its 
      second community banking center in Annapolis, Maryland, to be named 
      Annapolis Community Bank, which is pending regulatory approval.
    
    
      About AmericasBank Corp.
    
    
      AmericasBank Corp. is the parent company of AmericasBank, a 
      Maryland-chartered commercial bank headquartered in Towson, Maryland. 
      AmericasBank is dedicated to contributing to the growth and prosperity 
      of the communities it serves, with a special focus on serving the needs 
      of the business community and promoting home ownership.
    
    
      The statements in this press release that are not historical facts 
      constitute "forward-looking statements" as defined by Federal Securities 
      laws. Such statements, regarding AmericasBank Corp.'s anticipated future 
      results of operations, are subject to risks and uncertainties that could 
      cause actual results to differ materially from future results expressed 
      or implied by such forward-looking statements. Potential risks and 
      uncertainties include, but are not limited to: the risk that 
      AmericasBank Corp. may continue to incur losses; the possible loss of 
      key personnel; the inability to successfully implement strategic 
      initiatives; risk of changes in interest rates, deposit flows and loan 
      demand; risk associated with having a large percentage of residential 
      real estate loans secured by investment properties; risk of an industry 
      concentration with respect to deposits; risk of credit losses; risks 
      associated with residential mortgage lending, including acting as a 
      correspondent lender; risk associated with a slowdown in the housing 
      market or high interest rates; the allowance for loan and lease losses 
      may not be sufficient; operational risks of the leasing companies to 
      which AmericasBank has extended credit in connection with the lease 
      portfolio; dependence on third party vendors; risk of possible future 
      regulatory action as a result of past violations of the Real Estate 
      Settlement Procedures Act; as well as changes in economic, competitive, 
      governmental, regulatory, technological and other factors that may 
      affect AmericasBank Corp. or AmericasBank specifically or the banking 
      industry generally. Forward-looking statements speak only as of the date 
      they are made. AmericasBank Corp. will not update forward-looking 
      statements to reflect factual assumptions, circumstances or events that 
      have changed after a forward-looking statement was made. For further 
      information, please refer to the AmericasBank Corp.'s filings with the 
      U.S. Securities and Exchange Commission and available at their web site www.sec.gov.