Bank of America Auto Group Opens Regional Office in Boston
JACKSONVILLE, Fla. -- Bank of America Auto Group announced plans to open a new office in the Boston area. The office will serve as a base of operations for an initial team of 21 sales and credit associates, with plans to grow with the market's expanding needs.
JACKSONVILLE, Fla. -- Bank of America Auto Group announced plans to open a new office in the Boston area. The office will serve as a base of operations for an initial team of 21 sales and credit associates, with plans to grow with the market's expanding needs.
The Auto Group announced its expansion into the Northeast earlier this year with operations in nine states: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont.
The company also made several appointments to his Northeast Region leadership team. Brent Hollingsworth was named retail sales manager. Hollingsworth joined Bank of America in 1996 and most recently managed the Group’s retail relationships in Florida. He will lead a team of retail specialists appointed to build retail market share in the region. In just the first 90 days of operating in the Northeast, nearly 250 new auto dealer client relationships have been established.
David Doucette was named commercial sales manager. He will lead a team of client managers provide commercial financial solutions for dealers in this market. Doucette was the director of corporate banking in the Specialized Industries Group for FleetBoston for three years.
John Andrews was appointed dealer services center director for the new Northeast Retail Credit Center in Boston. It is slated to open in the next few weeks as part of the company’s new Regional Office. Andrews will play an integral role in establishing the center and leading the retail credit team supporting the market. He has been with Bank of America for seven years and has over 20 years of experience in the auto and financial services industries. His was previously Bank of America's senior operations manager for the Las Vegas Retail Credit and Operations Center.
More F&I
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →
The Psychology Behind Menus That Increase Add-On Sales
There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.
Read More →
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →
Humble and Hungry: 12 Rules for an F&I Life
Dustin Gingerich, with a decade in the F&I business under his belt, shares his thoughts on leadership, building trust with customers, and the importance of learning and innovation.
Read More →