Bank of Ann Arbor appointed Jeff Wenrich as vice president, direct markets for UniFi Equipment Finance. With over 20 years of experience in equipment finance, including a decade of service in the community bank market, Wenrich brings a wealth of expertise and leadership to this new role. read more

JAN 24, 2025 - 5:56 am

Michael P. Lyons, president of PNC, is departing from the bank to assume the president and CEO-elect role at Fiserv. Lyons joined PNC in 2011 to serve as head of corporate and institutional banking and was named president in 2024. read more

JAN 24, 2025 - 5:54 am

The National Equipment Finance Association (NEFA) revealed its calendar of events for 2025, including a lineup of conferences, regional events and virtual programs. These events are designed to engage, inspire and empower NEFA members and the broader community. read more

JAN 24, 2025 - 5:52 am

Members of the National Vehicle Leasing Association (NVLA), an advocate for the vehicle leasing industry, recently elected Kirk Browning, president of 1st Source Bank’s auto, truck and specialty vehicle fleet divisions, to the position of director-at-large on the NVLA board of directors. read more

JAN 24, 2025 - 5:50 am

The Prime Alliance Bank team set a funding record for 2024 by funding $370 million, an accomplishment that capped off its two-decade anniversary in the industry. This year puts Prime Alliance Bank at over $3 billion in lifetime originations. read more

JAN 24, 2025 - 5:48 am

Camunda, a company in process orchestration and automation, released its 2025 State of Process Orchestration and Automation Report, revealing 82% of organizations fear “digital chaos” due to increasingly complex, interconnected and automated processes. read more

JAN 24, 2025 - 5:46 am

Fleet Advantage is celebrating several key corporate achievements over the past twelve months that helped the company pave a clearer path to greater financial flexibility and business operations agility for its portfolio of corporate fleet clients. read more

JAN 24, 2025 - 5:44 am

Cadence Bank signed a definitive merger agreement with FCB Financial, the bank holding company for First Chatham Bank. The merger is expected to expand Cadence Bank’s presence in the Savannah market and in coastal Georgia communities. read more

JAN 24, 2025 - 5:42 am

Vocational truck orders have surged, with 38,100 units booked over the three months ending November, reflecting strong demand driven by industrial policy and looming regulatory changes, according to ACT Research.  read more

JAN 24, 2025 - 5:40 am

DLL, a global vendor finance company, closed its first U.S. asset backed securitization of 2025, “DLLAA 2025-1,” issuing notes totaling $750 million. The transaction is backed by assets of AGCO Finance, the financing provider for AGCO, a global company in agricultural solutions. read more

JAN 23, 2025 - 5:56 am