Patrick Mahomes Is Now The Second-Largest Shareholder At The Same Bank Where He Opened His First Account

Full-circle moment: The partnership, which marks his first-ever with a bank, also happens to be the home of his first-ever bank account opened at the age of 16.

“I opened my first account with American State Bank when I was just 16-years old,” said Mahomes in a press release. “From my time at Texas Tech and throughout my career in Kansas City, ASB has been a constant in my life and I’m proud to join the ownership group during its transformation into a major player in the Lubbock market, Texas and the new digital economy.”

 

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Currently, ASB focuses on the Dallas-Fort Worth, Lubbock, Amarillo, and Plainview markets.

With the help of Mahomes, the company aims to not only expand its customer base but also build upon its digital footprint.

“As a life-long Texan, to have the opportunity to team up with someone as inspirational as Patrick as we transform ASB from a local bank in our great state to a global bank of the future is a dream come true,” said ASB’s Chairman Brandon Steele in a statement.

Furthermore, ASB will honor Mahomes in a huge way during the Ring of Honor weekend, which will be held at the 27-year-old’s alma mater, Texas Tech.

On Oct. 29, Mahomes will be inducted into the school’s Ring of Honor and Hall of Fame at halftime while hosting its rival Baylor University.

As previously reported by AfroTech, Mahomes is no stranger to partnerships that align with who he is as an individual. From joining tech company Hyperice as an investor and ambassador to joining fellow athletes like Bubba Wallace to invest in a cultural leadership fund led by a16z, his talents extend well beyond the pigskin.

Previous history: In addition to that, at the age of 24, Mahomes made history as the youngest sports team owner when he became the part-owner of the Kansas City Royals.