Trending...
- Suburban Orthopaedics Expands Spine Team with Board-Certified Surgeon Joseph Brindise, DO
- Super League (N A S D A Q: SLE) Enters Breakout Phase: New Partnerships, Zero Debt & $20 Million Growth Capital Position Company for 2026 Acceleration
- Entering 2026 with Expanding Footprint, Strong Industry Tailwinds, and Anticipated Q3 Results: Off The Hook YS Inc. (N Y S E American: OTH)
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
- New Angles US Group Founder Alexander Harrington Receives Top U.S. Corporate Training Honor and Leads Asia-Pacific Engagements in Taiwan
- UK Financial Ltd Board of Directors Establishes Official News Distribution Framework and Issues Governance Decision on Official Telegram Channels
- UK Financial Ltd Sets Official 30-Day Conversion Deadline for Three Exchange Listed Tokens Ahead of Regulated Upgrade
- New Jersey Therapy and Life Coaching Unveils Original Dan Fenelon Mural in Voorhees New Jersey Therapy Office
- Illinois 45th District Candidate Josh Atkinson Introduces a New Way to Reach Voters
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
- Kentucky Judges Ignore Evidence, Prolong Father's Ordeal in Baseless Case
- Contracting Resources Group Receives 2025 HIRE Vets Platinum Medallion Award from the U.S. Department of Labor
- Suburban Orthopaedics Expands Spine Team with Board-Certified Surgeon Joseph Brindise, DO
- Naperville: Drive Sober or Get Pulled Over This Season
- Crunchbase Ranks Phinge Founder & CEO Robert DeMaio #1 Globally. Meet him in Las Vegas-Week of CES to Learn About Netverse, Patented App-less Platform
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
- EraMix Financial Union Launches Institutional Sentiment Index with Roland Haverford
- Chicago: City Council Approves ADU Expansion In Additional Single-family Districts, Bringing Total To 28 Wards With Construction Eligibility
- City Council Approves Land Sale To Support Chicago Torture Justice Memorial
- Various Measures Introduced To And Approved By The Chicago City Council
- Hyatt House Fresno Celebrates Grand Opening, Introducing the First Hyatt House in Fresno, California
- "I Make Music Not Excuses" Journal by Anthony Clint Jr. Becomes International Amazon Best Seller, Empowering Music Creators Worldwide
- Ace Watkins (Public Announcement)Elevates R&B with New Single "Higher" a Soulful Slow-burning Anthem
- DanReDev, Kaufman Development & Oldivai Announce Major 2026 Projects Nationwide
- Accelerating Precious Metals Expansion and Digital Asset Innovation Ahead of 2026: Asia Broadband Inc. (Stock Symbol: AABB)
- Naturism Resurgence (NRE) Announces the World's First Standardised Stigma Measure (SSM) for Naturism
- London Art Exchange Emerges as a Leading Force in UK Contemporary Art, Elevating Three Artists to Secondary-Market Success
- myLAB Box Expands, Becoming the First and Only At-Home Testing Company to Serve the Entire Family—Human and Furry—with New Pet Intolerance Test
- Entering 2026 with Expanding Footprint, Strong Industry Tailwinds, and Anticipated Q3 Results: Off The Hook YS Inc. (N Y S E American: OTH)
- ❄️ Winter Feature: Stay Comfortable at Cold-Weather Events
- Tiger-Rock Martial Arts Appoints Jami Bond as Vice President of Growth
- Super League (N A S D A Q: SLE) Enters Breakout Phase: New Partnerships, Zero Debt & $20 Million Growth Capital Position Company for 2026 Acceleration
- Finland's Gambling Reform Promises "Single-Click" Block for All Licensed Sites
- Private Keys Are a Single Point of Failure: Security Advisor Gideon Cohen Warns MPC Technology Is Now the Only Defense for Institutional Custody
- Compliance Is the Ticket to Entry: Legal Advisor Gabriela Moraes Analyzes RWA Securitization Paths Under Brazil's New Legislation
- Coalition and CCHR Call on FDA to Review Electroshock Device and Consider a Ban