Huntington Expands Offerings to Real Estate Businesses

COLUMBUS, Ohio – Huntington National Bank has launched a National Deposits business to expand its commercial offerings to real estate businesses. 

With an initial focus on homeowners associations, property management companies and escrow and title companies, the expansion will enable Huntington to broaden and deepen the services and capabilities available to its commercial customers, the bank said in a news release. 

Huntington will build a team of bankers who will strategically position the bank as a key competitor for national deposits, the release states.

The bank hired Alex Tsarnas to serve as senior managing director of the new business.

“We continue to seek opportunities to add top banking talent across our commercial businesses,” said Scott Kleinman, president of Huntington Commercial Bank. “This new business better positions Huntington to serve the full range of needs across commercial clients, and our investment in the deposit space sends a clear message of our intent to be a leader in providing this service to our customers.”

Tsarnas has worked at several financial institutions in various senior roles supporting corporate, municipal and FIG clients.

“With more than 30 years across a variety of banking positions, including roles focused on deposit growth, escrow services and corporate trust, Alex’s wealth of knowledge will help power our commercial bank during this exciting period of expansion,” said Jeff Blendick, senior managing director of corporate banking. “We’re eager to increase the services and solutions we can offer to our customers. This is an important growth strategy for Huntington.”

Published by The Business Journal, Youngstown, Ohio.