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Berkshire Hathaway HomeServices (BHHS) Caliber Realty, a full-service real estate firm and the largest HOA management company in Bryan-College Station, has expanded its partnership with American Momentum Bank to provide enhanced banking services to the homeowners associations (HOAs) it serves. The partnership will include integration with CINC Systems, a leading provider of accounting and community management software, as well as position the company for strategic growth.

Also headquartered in Bryan-College Station, American Momentum Bank provides specialized banking services for HOAs and HOA management companies through its association banking division. The bank offers a variety of competitive deposit products and specialized lending programs for capital improvements.

BHHS Caliber Realty previously worked with American Momentum Bank in a limited capacity. This partnership will expand their banking relationship and offer enhanced association banking services to the 85 HOAs it serves.

“We are thrilled to build on our relationship with BHHS Caliber Realty,” said Heather Karamitsos, director of association banking for American Momentum Bank. “Over the last several years, our association banking division has partnered with organizations across the nation. Yet, partnering with BHHS Caliber Realty feels particularly special, given that we’re neighbors serving the same community.”

BHHS Caliber Realty manages more than 85 associations and approximately 13,000 units in a 200-mile radius of Bryan-College Station, including subdivisions, condominiums, townhomes and commercial office complex associations. Previously, the organization partnered with multiple local banks that did not specialize in association banking.

“HOA management is a unique sub-industry of real estate that people don’t typically cater to,” said Suzan Reed, HOA Management Director for BHHS Caliber Realty. “For instance, our previous software was designed for property management. We made it work, but it wasn’t perfect.”

When American Momentum Bank first contacted Reed about a partnership, the BHHS Caliber team was stretched too thin to consider moving multiple accounts to a new bank. Thankfully, Graham T. Davis, Vice President of association banking for American Momentum Bank, was persistent. He invited the BHHS Caliber Realty team to an industry conference, where they learned about CINC Systems and all it could do for their organization and clients. The team was instantly sold on CINC – with which American Momentum is a preferred banking partner – and decided to expand its partnership with American Momentum Bank.

“With American Momentum Bank, they speak our language and they know our space,” Reed said. “I have never spoken to someone who understood the association management industry quite like them.”

CINC Systems is the first cloud-based, bank-integrated accounting and property management platform for the community association industry. CINC partners with premier banks throughout the country, including American Momentum, to support community management companies with its integrated banking features. Backed by American Momentum Bank, CINC helps management companies, community association managers and HOA and COA board members easily manage accounts payable and receivable processing. Daily reconciliations with CINC can also help identify fraud before issues arise.

“With CINC, BHHS Caliber Realty is poised to gain a great deal of efficiencies and time-saving workflows that will enhance how they do business,” said Davis. “This will allow them to better serve their existing clientele and more easily expand their business to new markets.”

BHHS Caliber Realty has plans to expand in West Houston and add more HOAs to its roster in Bryan-College Station and the surrounding area.

“We’re so grateful to Graham and the team,” said Reed. “His persistence paid off, and now we have a beautiful relationship. We’re grateful for the partnership and to be able to grow the number of communities we manage.”