American Bank of Commerce (ABC Bank) has announced that Stephen Phillips joined the bank as its new president and CEO. ABC Bank serves businesses and individuals from a dozen banking centers in Texas and Colorado.

“We are thrilled to welcome Stephen as our new President and CEO,” ABC Bank said in its announcement. “With over twenty-five years of banking experience, Stephen brings a wealth of knowledge and leadership to our team. His impressive background includes roles such as Chief Credit and Risk Officer, Chief Banking Officer, and President. Stephen’s expertise will ensure the continued success and growth of our bank in the markets we serve.”

Prior to joining ABC Bank, Phillips was president of United Texas Bank Dallas, and earlier spent approximately 15 years with regional First United Bank, ultimately serving as its president. Phillips earned undergraduate and MPA degrees from the University of Austin, and attended the Southwest School of Banking at SMU. He is a Certified Public Accountant. He and his wife have two teenaged children.

ABC Bank was founded in 1962 and offers personal banking, business banking, mortgage lending, insurance, and related products and services. ABC Bank has Texas offices in Austin, Addison, Lubbock, and Wolfforth; in Colorado, the bank has locations in Colorado Springs and Pueblo. For more information, visit theabcbank.com