AmericasBank Corp.
                                                 Contact:  Lee W. Warner
                                                 Phone:    410-252-0808
                                                 Website:  www.americasbank.com


                 AMERICASBANK CORP. ANNOUNCES MANAGEMENT CHANGES

TOWSON, MD. (May 5, 2008) -- AmericasBank Corp. (Nasdaq: AMAB), the parent
company of AmericasBank, today announced the dismissal of Mark H. Anders as
President and Chief Executive Officer of the Company and the Bank. The Company
has appointed A. Gary Rever as acting Chief Executive Officer of the Company and
AmericasBank effective immediately. Further, Ellen R. Fish has been promoted to
Director of Community Banking and will have responsibility for our banking
centers in Towson and Annapolis. Eric W. Edstrom will continue to lead the
expansion efforts in Annapolis.

Gary Rever came to AmericasBank in August 2003 as Chief Financial Officer and
guided the institution through the process leading to reinstatement as a public
company. He also managed two successful capital raising efforts for $5 million
in 2004 and $11 million in 2006. "Gary has 30 plus years in banking and industry
experience and a strong background in financial management and operations,"
commented Lee Warner, Chairman. "We are fortunate to have someone with Gary's
diverse background and experience to step in and lead us forward."

Ellen Fish has worked in banking in Towson and Baltimore since moving to the
area in 1984, and joined AmericasBank in May 2007 as the President of the Towson
Community Bank, which operates as a division of AmericasBank.

"Ellen is a well respected banker and community leader" said Lee Warner.

Ellen served as Senior Vice-President, Commercial Banking, at Provident Bank, a
post she held from 1997 until joining Towson Community Bank. While at Provident,
she held management positions for small business banking, middle market banking,
Provident Lease Corp, and private banking.




As founder and Chairman of the Board for the Baltimore County Small Business
Resource Center, Ellen has worked closely with small businesses. She is involved
with the College of Business and Economics at Towson University where she serves
as a member of the College's Advisory Board. She is a past Chairman of the Board
of the Baltimore County Chamber of Commerce and currently a member of the board
of the Maryland Chamber of Commerce. Ellen was named one of Maryland's Top 100
Women by The Daily Record for the third time in 2008 and will be inducted into
their Circle of Excellence in May.

"Ellen Fish is an excellent banker with high quality service standards,"
commented A. Gary Rever. "Her knowledge and discipline will serve her well in
her expanded leadership role as we continue to pursue our community banking
strategy."

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. AmericasBank operates its banking center in the Towson, Maryland
market under the trade name of Towson Community Bank, and the banking center in
the Annapolis, Maryland market as Annapolis Community Bank.

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; 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 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.