American Momentum Bank, a Texas-chartered banking association headquartered in College Station, completed its acquisition of Commercial State Bank in January 2019. From its founding in 2006, American Momentum Bank has continued to bring in the best talent in the financial services industry. As banking innovation continues to accelerate, its multi-level service delivery systems and treasury products have also grown. We are a leading regional provider of online banking services offering the convenience of desktop access with Momentum Connect and on-the-go connection with Mobile Momentum® apps.
China keeps benchmark lending rates unchanged as it contends with a weakening yuan
The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...
President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...