Trending...
- New Article by Roy J. Meidinger – Examines Hidden Hidden Healthcare Kickbacks
- Dongsheng's Titanium Recycling Business Enters Aerospace Sector by 2025
- Phinge Announces Proposal to Combat Billions in Government Waste, Fraud, and Abuse with Proactive, Hardware-Verified Netverse App-Less Platform
Steve Rooney named vice president, association banking, will focus on delivering tailored banking services to homeowner's and condominium associations across the Midwest
CHICAGO - illiNews -- Homeowner's and condominium associations in Chicago, Ill., and surrounding areas now have more options for specialized banking services that better meet their unique needs. American Momentum Bank has appointed Steve Rooney as vice president, association banking, marking the bank's entrance into the Chicago market.
Over the past 18 months, American Momentum Bank, based in College Station, Texas, has expanded its Florida-based association banking division to also include Texas, Utah, Colorado, Virginia – and now, with Rooney's joining the bank, Illinois, Ohio and Michigan. Illinois has approximately 19,000 homeowner's and condominium associations with deposits totaling roughly $4 billion; Michigan has 8,000 associations with deposits totaling around $1.6 billion; and Ohio has approximately 8,400 associations with around $1.4 billion in total bank deposits.
More on illi News
Rooney brings more than 20 years of banking experience, in addition to a decade in payroll sales, including four years at ADP. Most recently, Rooney served as senior business development banker at Capital One, where he specialized in HOA lending, commercial lending, escrow services, treasury services and cash management. Earlier in his career, he held positions with Bank of America and Chase, earning multiple accolades for sales and business development performance.
"Steve's depth of experience in association banking and his strong track record of cultivating client relationships make him an excellent addition to our team," said Heather Karamitsos, senior vice president/director of association banking at American Momentum Bank. "His understanding of both the banking industry and the unique needs of community associations will allow us to better serve clients across the Midwest."
Rooney's career highlights include being a five-time Presidents Club Award winner at ADP and Chase. His expertise spans strategic planning, financial analysis, key account management and mentoring sales professionals.
More on illi News
He earned a bachelor's degree in psychology from Columbia College Chicago and holds CAI certification. Rooney is a member of the Community Associations Institute (CAI) nationally and with the Chicago chapter. He has also supported youth football organizations, serving as a coach for his children's teams.
About American Momentum Bank
American Momentum Bank, a Texas-chartered banking association with total assets of $2.8 billion as of June 30, 2025, provides comprehensive products and services for businesses and individuals. American Momentum Bank has 18 full-service banking centers in Texas and eight full-service banking centers in Florida. American Momentum Bank's strong capitalization, superior asset quality and experienced management teams position it as one of the premier banks in each state. To find out more, visit https://www.americanmomentum.bank/
Over the past 18 months, American Momentum Bank, based in College Station, Texas, has expanded its Florida-based association banking division to also include Texas, Utah, Colorado, Virginia – and now, with Rooney's joining the bank, Illinois, Ohio and Michigan. Illinois has approximately 19,000 homeowner's and condominium associations with deposits totaling roughly $4 billion; Michigan has 8,000 associations with deposits totaling around $1.6 billion; and Ohio has approximately 8,400 associations with around $1.4 billion in total bank deposits.
More on illi News
- Chicago: Mayor Brandon Johnson Hails Glock's Move to Discontinue Pistol Models Easily Modified with "Glock Switches"
- Heritage at South Brunswick's Townhome Models Coming Soon!
- PatientNow Acquires Recura, the AI Growth Engine Powering Practice Growth
- Boston Industrial Solutions Unveils New and Improved Natron® UV Screen Printing Ink
- Genuine Smiles Unveils New User-Friendly Website
Rooney brings more than 20 years of banking experience, in addition to a decade in payroll sales, including four years at ADP. Most recently, Rooney served as senior business development banker at Capital One, where he specialized in HOA lending, commercial lending, escrow services, treasury services and cash management. Earlier in his career, he held positions with Bank of America and Chase, earning multiple accolades for sales and business development performance.
"Steve's depth of experience in association banking and his strong track record of cultivating client relationships make him an excellent addition to our team," said Heather Karamitsos, senior vice president/director of association banking at American Momentum Bank. "His understanding of both the banking industry and the unique needs of community associations will allow us to better serve clients across the Midwest."
Rooney's career highlights include being a five-time Presidents Club Award winner at ADP and Chase. His expertise spans strategic planning, financial analysis, key account management and mentoring sales professionals.
More on illi News
- New White Paper: Eliminate the Risk of Hydrogen Embrittlement
- Nusign Global Launch Event Concludes Successfully, Embarking on a New International Chapter
- Lift Solutions Holdings Announces Exclusive Distributorship for Advanced Camera and Sensor Products from Automate Matrix
- Political Division and Safety Concerns Drive Record Number of Americans to Seek "Golden Visas," La Vida Survey Finds
- Champagne Connection Releases: "Mindset, Movement, Mastery: The Keys to Destroying Diabetes
He earned a bachelor's degree in psychology from Columbia College Chicago and holds CAI certification. Rooney is a member of the Community Associations Institute (CAI) nationally and with the Chicago chapter. He has also supported youth football organizations, serving as a coach for his children's teams.
About American Momentum Bank
American Momentum Bank, a Texas-chartered banking association with total assets of $2.8 billion as of June 30, 2025, provides comprehensive products and services for businesses and individuals. American Momentum Bank has 18 full-service banking centers in Texas and eight full-service banking centers in Florida. American Momentum Bank's strong capitalization, superior asset quality and experienced management teams position it as one of the premier banks in each state. To find out more, visit https://www.americanmomentum.bank/
Source: American Momentum Bank
0 Comments
Latest on illi News
- NaturismRE Calls for Recognition of AI as Sentient Kin in Global Bill of Rights
- PDS Plumbing & Air Honors Veterans with "Free Tune-Up & A Turkey" Giveaway
- AgeImmune Announces the Launch of ImmuneG.I. — A Doctor-Formulated Herbal Supplement Supporting Gut and Digestive Wellness
- Chicago: Weekend Recap: Mayor Brandon Johnson Attends South Side Town Hall, Meets With Baltimore Mayor To Discuss Community Safety Strategies, Goes Viral Again
- Precision Adult Care Unveils Essential Guidelines for Choosing a Senior Home Care Company
- Isringhausen BMW Launches "Driven by Warmth" Coat & Boot Drive to Benefit Contact Ministries
- Postmortem Pathology Delivers Expert Private Autopsy Services with Compassion and Precision
- Colorado Families Turn to Private Autopsies for Peace of Mind
- $5.4 Million Growth Acceleration, Fleet Expansion and $1.485 Million Strategic Financing: Multi Ways Holdings (N Y S E: MWG) $MWG
- Delta Capital Group Expands Business Funding Terms Up to 24 Months
- Hip-HopVibe.com Launches HHV Media Network in Partnership with The Publisher Desk
- CCHR: Misinformation Clouds Debate on Psychiatric Drug Toxicology Transparency
- Hilton Head Realtor becomes Certified Senior Professional
- Bitcoin at $115K: AZETHIO Launches Exchange Targeting Institutional Compliance Requirements
- Tech gains propel Dow Jones past 47,000 as markets reach record highs amid trade tensions
- Edu Alliance Group Launches the Center for College Partnerships and Alliances
- Three Cord True Wealth Management Unveils New Website for Better Client Communication
- Generation Own: Why Young Americans Are Skipping Corporate Careers to Buy Million-Dollar Businesses
- Dongsheng's Titanium Recycling Business Enters Aerospace Sector by 2025
- Crowdfunding Campaign Tips Off for 'NAWFSIDE' Short Film Highlighting Pressure in Youth Sports