#USA #Financial Solutions #Columbus #Huntington Bank #Association Services

Huntington Bank Unveils National Business for Community Associations

Huntington National Bank has announced the launch of a new national specialty group, Huntington Association Services, aimed at supporting community associations and their management partners. This move marks a significant step in providing community organizations with comprehensive banking solutions tailored to their unique operational and financial needs.

Advanced Expertise and Comprehensive Solutions

Huntington Association Services will bring together a team of skilled professionals who possess extensive experience in the realm of community and property association management. This specialized team will deliver a variety of banking, treasury, and lending solutions designed specifically for homeowners and condominium associations, master-planned communities, and multi-association structures.

"Our mission is to help these groups operate with confidence, control, and clarity," stated Sabine Liedel, Huntington's senior managing director overseeing the national deposits business. The bank's commitment is reinforced by a dedicated client-care team that understands the complex requirements faced by these organizations.

Streamlined Banking Processes

In today's fast-paced world, effective financial management is more crucial than ever. Huntington Association Services seeks to enhance the visibility and management capabilities of association finances through Huntington's secure Business Online Banking platform. This online banking solution is designed to deliver real-time insights and streamline financial processes, thereby alleviating the manual workload for association leaders.

Huntington’s integration with leading industry software providers will foster connectivity and enhance operational efficiency. This will enable management companies and association leaders to strengthen controls and improve consistency in financial reporting and reconciliation across systems.

Tailored Lending Solutions

In addition to banking and treasury services, Huntington Association Services is equipped to provide specialized lending solutions tailored to the financial needs of associations. These solutions include:

• - Lines of credit for short-term cash-flow requirements or unanticipated expenses
• - Term loans aimed at funding capital improvements and significant repairs
• - Insurance premium financing that assists associations in managing increasing costs effectively

As articulated by Scott Kleinman, president of Huntington Commercial Bank, the approach combines the strengths of a well-established financial institution with a focus on building lasting relationships. This dual strategy ensures that clients enjoy real-time visibility and support through innovative technology and dedicated advisors.

A Call to Community Leaders

With these advancements, Huntington invites community leaders and management companies to explore how Huntington Association Services can transform their financial management practices and help their communities flourish. The bank's extensive portfolio is designed to empower associations, fostering transparency and confidence in financial matters.

About Huntington

Founded in 1866, Huntington Bancshares Incorporated operates as a regional bank holding company, currently managing assets worth $284 billion. Headquartered in Columbus, Ohio, it ranks among the top 10 commercial banks in the United States, providing a wide array of banking, payments, wealth management, and risk management products and services. Operating over 1,400 branches across 21 states, Huntington continues to enhance its offerings to meet evolving customer needs. For more information, visit Huntington.com.