AMERICASBANK CORP.
                                                CONTACT:    MARK H. ANDERS
                                                PHONE:      443-921-0804
                                                WEBSITE:    WWW.AMERICASBANK.COM


                AMERICASBANK EXPANDS LOAN PRODUCTION IN FREDERICK

TOWSON, Md. (July 18, 2006) --AmericasBank Corp. (NASDAQ: AMAB), the parent
company of AmericasBank, today announced the expansion of its commercial and
residential mortgage loan production in central Maryland with the addition of
four loan origination officers and a loan production office in Frederick, MD.
AmericasBank has leased space at 100 North Court Street in Frederick's historic
district.

"We like the opportunities we see in central Maryland, nearby West Virginia and
south central Pennsylvania and this office will give us an opportunity to assess
these markets from a banking center perspective," commented Mark H. Anders,
President and CEO of AmericasBank. AmericasBank raised an additional $11 million
in capital in a public offering in March 2006 and plans to expand by opening
three to five banking offices in selected business and government centers in the
greater Baltimore-Washington corridor and central Maryland.

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; risks associated with AmericasBank's lending limit; risks associated
with the lack of a credit facility; 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 insufficient capital; 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