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Amerant Bank’s Elgin Weaver Appointed to Houston’s Avenue Board of Directors

May 5, 2022
avenue building exterior
elgin weaver headshot

HOUSTON, TX (May 5, 2022) Amerant Bank, with a presence in Houston, TX, and South Florida announced today that Elgin Weaver, Senior Vice President, CRE Team Leader, has been appointed to the Board of Directors of Avenue, a nonprofit organization that that builds affordable homes in and helps to strengthen the Houston community. Weaver’s selection represents Amerant’s continued commitment to be part of organizations that engage, grow and support its local communities.

Weaver, along with his fellow board members, will help track and steer the organization’s accomplishments, concerns and solutions that will enhance the city, neighborhoods and its people while creating opportunities for growth.

“We are delighted that Avenue has welcomed Elgin to its Board of Directors,” said Francisco Rivero, Houston Market President, Amerant Bank. “Avenue is an integral part of the city, truly enhancing the Houston community and creating opportunities for the people that call it home. We look forward to seeing Elgin’s contributions to the board and the organization.”

Founded in 1991, Avenue is a Houston-based affordable homebuilding and community development nonprofit organization that invests in people and places that promote vibrant, inclusive neighborhoods that strengthen the city by working to enhance equity and opportunity for all Houstonians. Avenue works with the intention to support the civic infrastructure of vulnerable communities, to increase the capacity of individuals and organizations to effect real change.

As Senior Vice President, CRE Team Leader at Amerant, Weaver spearheads the Texas commercial real estate division, which includes loan officers and portfolio managers that serve the Houston, Austin, and Dallas-Fort Worth markets.

“I am proud to have joined Avenue as a new member of the Board of Directors and excited to represent Amerant among corporate executives who share a passion for bettering our beloved city,” said Weaver.

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About Amerant Bank

Amerant Bank, N.A., is one of the largest community banks headquartered in Florida and the main subsidiary of Amerant Bancorp Inc. (NASDAQ: AMTB), with a presence across South Florida, Tampa, FL, and in Houston, TX. The bank has been serving clients for over 40 years, both domestically and abroad, and comprises subsidiaries Amerant Investments and Amerant Mortgage. Rooted in the communities it serves, Amerant Bank supports numerous non-profit, charitable and arts organizations. For news and updates, visit the Amerant Newsroom.

About Avenue

Avenue’s mission is to invest in people, homes and communities to advance equity and opportunity for all Houstonians. The organization enhances the quality of life of working families and works to promote healthy, vibrant and economically diverse neighborhoods that are essential to Houston’s future as a world-class city. Avenue develops homes for purchase and rent as well as provides homebuyer education and counseling to help working families buy and maintain their own homes. Avenue promotes economic development and offers supportive services such as out-of-school-time programs for children, nutrition, fitness, and financial literacy classes that enrich the lives of the individuals and families they serve. Avenue is a member of the nationwide NeighborWorks® Network of more than 245 community development organizations working in nearly 4,358 urban, suburban and rural communities across America. Connect with Avenue on Facebook: http://bit.ly/FBAvenueCDC and Twitter: https://twitter.com/AvenueCDC.