Beautiful engraved specimen certificate from the Alamo Bancshares
dated in 1971. This historic document was printed by American Bank Note Company and has an
ornate border around it with a vignette of an eagle. This item has the printed signatures of the Company's President and Secretary and is over 41 years old.
Cullen/Frost renames Alamo Bank of Texas to Frost Bank
Press Release - June 22, 2006
Starting Friday, all 10 Alamo Bank of Texas branch locations in South Texas will be converted to the Frost Bank brand.
San Antonio-based Cullen/Frost Bankers Inc. (NYSE: CFR) purchased Alamo Bank of Texas' parent company, Alamo Bancshares Inc., in late February. Since then, Cullen/Frost had operated the branches under its original name. Alamo Bancshares was based in Alamo, Texas.
With this conversion, Cullen/Frost now has 13 Frost Bank financial centers in the Rio Grande Valley and 93 locations statewide. Alamo Bank of Texas customers also can access financial services at any Frost location across the state.
In conjunction with the conversion, Cullen/Frost named former Alamo Bank president and CEO Allen Shields as president of the company's Rio Grande Valley region with Raymond Jenkins serving as chairman. Jenkins is Frost's former McAllen market president.
Cullen/Frost is a financial holding company with assets of $11.6 billion as of March 31, 2006. The company provides commercial and consumer banking products, investment and brokerage services, insurance products and investment banking services.
Specimen Certificates are actual certificates that have never been issued. They were usually kept by the printers in their permanent archives as their only example of a particular certificate. Sometimes you will see a hand stamp on the certificate that says "Do not remove from file".
Specimens were also used to show prospective clients different types of certificate designs that were available. Specimen certificates are usually much scarcer than issued certificates. In fact, many times they are the only way to get a certificate for a particular company because the issued certificates were redeemed and destroyed. In a few instances, Specimen certificates we made for a company but were never used because a different design was chosen by the company.
These certificates are normally stamped "Specimen" or they have small holes spelling the word specimen. Most of the time they don't have a serial number, or they have a serial number of 00000. This is an exciting sector of the hobby that grown in popularity over the past several years.