New Banking Center to Open on Okeechobee Boulevard
In a recent interview with Fiona Daghir from Sunshine Spotlight on WPTV, Jesse Flowers, Regional President of Amerant Bank in West Palm Beach, discussed the bank’s expansion plans and offered valuable insights for tax season preparation.
Bringing Banking Services to West Palm Beach
When asked about Amerant’s new location, Flowers expressed enthusiasm about their expansion into the West Palm Beach area. “We’re helping businesses and individuals by expanding middle market and corporate banking in West Palm Beach. We are very excited to be here and will be opening a banking center on Okeechobee Boulevard very soon,” said Flowers.
The new banking center will cater to local businesses and offer a comprehensive range of services, including term loans, owner-occupied mortgages, deposit accounts, and other corporate banking solutions.
Growing the Amerant Team
Flowers also highlighted Amerant’s commitment to growing their team in West Palm Beach. “We are always looking for good people and will hire anyone with the right cultural fit,” he noted.
When asked about what sets Amerant apart from other banks, Flowers emphasized the local presence and ease of access. “Amerant is a smaller bank […] headquartered locally, giving clients the option to meet all of the people involved in the decision-making process,” he explained.
Navigating Tax Season Challenges
Discussing common tax-related challenges, Flowers pointed out that ever-changing and complex tax laws present significant difficulties for business owners. He recommended that viewers consult with a CPA and reminded them that the tax filing deadline in Florida extends to May 1st this year.
Amerant’s Tax Season Support
Amerant Bank offers several resources to help individuals during tax season, including cash flow solutions like lines of credit and short-term loans. Additionally, they maintain a network of CPAs who can assist with complex tax situations.
Innovative Ways to Use Your Tax Refund
Flowers shared some recommendations for using tax refunds wisely:
- Building an emergency fund in a high-yield savings account
- Paying off high-interest credit card debt
- Contributing to retirement accounts
He also advised taxpayers to get organized early and maintain financial records throughout the year, suggesting that those with questions should contact a CPA.
According to Flowers, filing taxes early offers two key advantages: reduced risk of tax return fraud and faster refunds.
Expanding to Serve West Palm Beach
Amerant Bank is set to open its third banking center and first regional office in the Palm Beach market at 525 Okeechobee Boulevard in CityPlace. They expect the office and banking center to open soon in 2025. This will provide more accessible personal, private, business, commercial, and wealth management services to the community.
Watch the full interview below:
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