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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

          Date of Report (Date of earliest event reported) May 31, 2007

                               AmericasBank Corp.
                               ------------------
             (Exact name of registrant as specified in its charter)

         Maryland                        000-22925            52-2090433
         --------                        ---------            ----------
(State or other jurisdiction of         (Commission         (IRS Employer
 incorporation or organization)          File Number)       Identification No.)


500 York Road, Towson, Maryland                               21204
- -------------------------------                               -----
(Address of principal executive offices)                      (Zip Code)

                                 (410) 823-0500
                                 --------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:


[ ]  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

[ ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

[ ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))


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ITEM 8.01       OTHER EVENTS
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         On May 31, 2007, AmericasBank Corp. (the "Company"), the parent company
of AmericasBank, announced that it has hired Eric Edstrom as President of
Annapolis Community Bank, an operating division of the Towson-based bank.
AmericasBank's application to open the Annapolis banking center was recently
approved by State of Maryland's Division of Financial Regulation and by the
Federal Reserve Bank of Richmond. For more information, reference is made to the
Company's press release dated May 31, 2007, which is attached to this Report as
Exhibit 99.1 and is incorporated herein by reference.

ITEM 9.01       FINANCIAL STATEMENTS AND EXHIBITS
                ---------------------------------

        (a)     Not applicable.


        (b)     Not applicable.


        (c)     Not applicable.


        (d)     The following exhibit is filed herewith:

                Exhibit 99.1              Press Release dated May 31, 2007


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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Date: June 4, 2007                     AmericasBank Corp.
                                       ------------------
                                       (Registrant)


                                       By: /s/ A. Gary Rever
                                           -------------------------------------
                                           A. Gary Rever
                                           Executive Vice President and CFO