Huntington Expands Commercial Banking Team with Focus on Specialized Cash and Treasury Management Solutions for Real Estate Businesses

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The Huntington National Bank is making significant strides in its commercial banking segment with the addition of a specialized team catering to the unique cash and treasury management needs of mortgage servicers and real estate companies. This move marks the latest expansion for Huntington’s commercial bank, which has been actively broadening its reach into new regions and specialty verticals.

The newly formed specialized mortgage solutions team will offer tailored cash management, treasury management, and escrow services to a diverse range of clients, including residential and commercial mortgage servicers and originators, title companies, private equity firms, hedge funds, property managers, and other real estate entities.

Leading this team is industry veteran Kathy Kanno Wood, who joins Huntington as Senior Managing Director, bringing with her over 30 years of experience in the field. Wood’s previous roles at Flagstar Bank and Wells Fargo, where she served as Managing Director and Head of Specialized Cash Management, underscore her deep expertise and leadership in the sector.

Tizu Menelik, Executive Managing Director of Corporate, Specialty, and Government Banking at Huntington, expressed enthusiasm for the addition of Wood and her team, emphasizing their role in advancing the bank’s strategy to enhance specialized offerings for commercial clients. The focus will be on delivering a boutique, high-touch, and high-tech cash management platform tailored to the unique needs of real estate-related businesses.

This strategic move aligns with Huntington’s recent growth initiatives, which include expanding its footprint in key markets such as the Carolinas and Texas, as well as venturing into new specialty verticals like fund finance, healthcare asset-based lending, and Native American financial services.

Scott Kleinman, President of Huntington Commercial Bank, highlighted the bank’s commitment to recruiting top talent and strengthening capabilities to better serve clients nationwide. With a strong balance sheet and a position of strength, Huntington is well-positioned to capitalize on organic growth opportunities and continue its trajectory of success in the commercial banking sector.