In direct response to consumer insights collected from more than two years of research, Huntington Bank rolled out of a new business banking product suite across its footprint as part of its commitment to help businesses thrive.
After more than 35 years in the banking industry, Huntington Bank Chief Credit Officer, Dan Neumeyer, will retire at the end of June 2019. Rich Pohle will succeed Neumeyer as the new CCO.
Four Springs Capital Trust secured a $75 million three-year revolving credit facility from Citizens Bank, Huntington Bank, Peapack-Gladstone Bank and Two River Community Bank.
Cleveland-Cliffs amended its senior secured asset-based lending credit facility, extending the maturity date and reducing the oversize from $550 million to $450 million. Bank of America was administrative agent and lead arranger for the transaction.
Huntington Bank named Chad Prather president of its West Virginia region. He will succeed Andy Paterno, who is retiring at the end of 2017.
Huntington Bancshares named Jana Litsey general counsel, following the retirement of Richard Cheap at the end of the year after 19 years in the position.
Huntington Bank appointed Jeffry Elliot chief administrative officer of its Asset Finance group. Elliott joined Huntington in 2001 as one of the founding members of its Equipment Finance business.
Huntington Bank is the top lender by dollar amount among banks participating in the State Small Business Credit Initiative administered by the U.S. Department of the Treasury.
Focus Financial announced the close of a $400 million credit facility. Bank of America, others supported the new facility that can be increased by $150 million through the utilization of an accordion feature.