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Alton McRee

CEO, American Bank

Alton McRee is a financial services industry veteran with a track record for driving positive results and high performance. His career has included commercial, agricultural, and mortgage lending, SBA and USDA lending, asset management and loan portfolio administration, and multiple executive management positions in community banks and the Farm Credit System. He currently sits as the President and CEO of American Bank.

American Bank, chartered in 1964, is headquartered in Covington. This community bank was the number one SBA lender in Louisiana for fiscal year 2022, and remains a leading SBA lender across the Gulf South Region. Under McRee’s leadership, American Bank has helped countless small businesses acquire the capital they need to grow their business.

“We are a community bank in the truest sense of the word,” says McRee. “We focus on relationships and our customer experience. For example, when you call the bank, you talk to a real person—never an automated system. Best of all, the banker you speak to is empowered to help.” American Bank is locally owned by community shareholders, and McRee brings a local’s perspective and his own community relationships to the management team.

A unique advantage of the American Bank team is its very successful SBA lending program. With a wealth of knowledge around the process and 30+ years of experience in its advantages, Alton McRee stays actively involved, visiting with clients directly to understand their businesses and goals. His team can make the often-intimidating process easy and accessible.

“We are built for speed,” says McRee. “When someone needs a loan, they want an answer quickly. Because we’re a small community bank with local decision makers, we can move requests through the process extremely fast and ensure our local small businesses are set up for success.”

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1819 N. Columbia St.,


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