Tampa, FL - Structured to be perpetual, never sold, American Momentum Bank is changing the way people bank in Florida. The privately-owned bank, which received its charter in 2006, has yet to stop growing. In July 2007, American Momentum Bank celebrated a branch grand opening in Naples.
The affluent community is a good target fit for American Momentum Bank. According to recent U.S. Census Bureau statistics, Florida’s annual household income is $53,504 and nearly double that — $118,416 – in Naples. While American Momentum Bank offers its services to all types of clients, it caters to high-end clientele. The state-wide banking system also plans on expanding from the company’s only Naples area location by building its regional headquarters in Pelican Bay, according to an article in Naples Daily News.