The programs and services that NeighborWorks Waco offers could not occur without the support of a multitude of community partners, businesses, and organizations. One of those noteworthy business partners is American Bank, who has been on NeighborWorks Waco’s side since the mid 2000’s, when they first provided financing for programs and services being offered! In 2008, they were huge supporters of NeighborWorks Waco’s acquisition of properties to start the PEARLS and PRIDE! Rental program, which has turned into one of NeighborWorks Waco’s most successful business lines over the past eight years. American Bank, thanks to the suggestions made by NeighborWorks America, developed an extended term portfolio to make the financing for PEARLS and PRIDE! successful in the long term.
When discussing what the partnership has been like from American Bank’s perspective, Jim Lambert, Sr. Vice President, stated that “NeighborWorks Waco is truly a great organization. And, it’s a pleasure to work with Roy Nash and their outstanding leadership team of NeighborWorks Waco. It gives us such a good feeling to be able to help achieve their mission of providing housing to deserving members of our community. American Bank applauds NeighborWorks Waco, its leadership, and employees for what they do for our community, and we are proud to partner with them.”
American Bank does more than just support NeighborWorks Waco with their funding options. They have referred countless clients to NeighborWorks Waco for new home construction, or credit and financial counseling for clients who want to buy a home, but are not quite ready. American Bank has also generously sponsored NeighborWorks Waco’s Annual Banquet for a multitude of years, and recently helped sponsor our “Race, Equity, Diversity, and Inclusion” Community Training earlier this year.
When asked about the relationship that American Bank and NeighborWorks Waco have established over the year, Roy Nash, President and CEO of NeighborWorks Waco, stated that “We are fortunate in Central Texas to have an abundance of excellent banking partners available to assist us in our programs. American Bank is one bank that has stepped forward and asked us for a very significant portion of our business. Whenever we have asked, they have really come through with excellent loan products and services. Thank you American Bank for being there for us!”
NeighborWorks Waco’s mission could not be accomplished without partners such as American Bank, and we are truly grateful for the innovation, work, and partnership that has been growing over the past 12 years!