Broadway Association Management partners with American Momentum Bank
By: American Momentum Bank
Through American Momentum Bank, Broadway Association Management will have access to CINC Systems, the first internet-based integrated accounting and property management system for the community association industry. CINC partners with a limited number of banks in each state for its integrated banking feature. American Momentum is one of only five CINC partner banks in Florida.
"We'd been working with many different banks and using several different software programs, and we were looking to consolidate everything,"
CINC's all-in-one SaaS-based platform drives profitability for community association management companies through cloud-based accounting, state-of-the-
In addition to the CINC partnership, Kellogg considers American Momentum a good fit for his company because there's a local banking center nearby, and the bank offers courier services as needed.
American Momentum's association banking team has more than 60 years of combined experience serving associations in Florida. The bank offers a variety of competitive deposit products, specialized lending programs for capital improvements and insurance premium financing.
American Momentum will provide Broadway with an array of banking services for a majority of their clients, with the goal of full consolidation by mid-2021. Broadway expects to go live with CINC in November.
"We're excited to be able to take Broadway to the next level, and we're confident this partnership will enable us to do so," Kellogg said.
About American Momentum Bank
American Momentum Bank, a Texas-chartered banking association with total assets of $2.7 billion as of August 31, 2020, provides comprehensive products and services for businesses and individuals. American Momentum Bank has 21 full-service banking centers in Texas and 10 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. Visit www.americanmomentum.bank to learn more.