American Momentum Bank promotes Austin Nelson to VP, commercial relationship manager

American Momentum Bank has promoted Austin Nelson, MBA, to vice president, commercial relationship manager. In this role, Nelson will focus on growing existing banking relationships and pursuing new lending opportunities across the Permian Basin, including West Texas and Southern New Mexico.

Nelson most recently served as vice president, commercial portfolio manager for the bank. In that capacity, he was responsible for underwriting and managing the entirety of the Midland market’s portfolio over the past three years.

His new responsibilities include expanding business opportunities in the region while serving as a wise and measured steward of the community’s financial assets. He will continue to collaborate closely with the Midland market team.

“Austin has been a strong contributor to the success of our Midland market,” said Jarod Thomas, West Texas president at American Momentum Bank. “He brings a great balance of financial acumen, community commitment and a true passion for helping clients succeed. We’re proud to see him take this next step.”

Nelson has seven years of experience in banking and finance. Before joining American Momentum Bank, he worked as a commercial portfolio manager at Community National Bank. He holds a Bachelor of Business Administration in Finance from Texas Tech University and a Master of Business Administration from the University of Texas Permian Basin.

Active in the Midland community, Nelson serves on the board of directors for nonprofits The
Springboard Center, as treasurer, and the Midland Community Development Corporation, as secretary. He is also involved with nonprofit Opportunity Tribe and This Generation Church.

“I chose to work in the banking industry because I find immense joy in seeing people’s dreams become a reality,” said Nelson. “In this new role, I will have the privilege to further develop relationships with clients and expand financial opportunities for those in the Midland community. Whether our clients are ready to take the next step in home ownership or are building a business, I get to be there to provide the guidance and support they need.”

About American Momentum Bank
American Momentum Bank, a Texas-chartered banking association with total assets of $2.8 billion as of March 31, 2025, provides comprehensive products and services for businesses and individuals. American Momentum Bank has 18 full-service banking centers in Texas and nine 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.