Huntington Expands Dealer Finance Business in Iowa
The bank holding company has hired a seasoned team with knowledge of the Iowa market to lead its expansion, company officials report.
COLUMBUS, Ohio — Huntington has added key personnel to support its expanding auto dealer financing business in Iowa.
Huntington has hired a seasoned team with local market knowledge for the state. The bank is now available to process loan applications and expects to provide financing solutions to more than 300 dealers throughout Iowa.
“Our track record in the Midwest and New England, as well as part of the upper Midwest, demonstrates a proven business model with auto dealerships, one that we now bring to auto dealers in Iowa,” said Rich Porrello, director of Huntington Automobile Finance.
Huntington serves dealerships in Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky, as well as markets in Iowa, Tennessee, New Jersey, Minnesota, and Wisconsin, and six New England states: Maine, Vermont, New Hampshire, Massachusetts, Rhode Island and Connecticut.
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