Compensation in the equipment finance industry increased moderately in 2019, according to the 2020 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association and McLagan. read more

OCT 19, 2020 - 7:05 am

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

OCT 19, 2020 - 6:57 am

The Equipment Leasing and Finance Association selected Jeffry D. Elliott, senior managing director of Huntington Asset Finance, to receive its 2020 Michael J. Fleming Distinguished Service Award. read more

OCT 16, 2020 - 7:10 am

Financial Partners Group reported September funding volume of $22 million, which represented 97% year-over-year growth for the month and marked the highest origination month in the company’s history. read more

OCT 15, 2020 - 7:13 am

The Alta Group appointed Rick Remiker and Paul Menzel vice chairmen. Remiker previously served as senior executive vice president and lead commercial banking executive of Huntington National Bank. Menzel was president and CEO of Umpqua Bank Equipment Leasing & Finance. read more

OCT 13, 2020 - 7:23 am

Santander Bank named Patrick Smith the head of small business banking, Giancarlo Marchesi the head of consumer lending and Jennifer Mathissen the firm’s chief marketing officer. read more

OCT 9, 2020 - 7:58 am

Alfred Steinhaus joined AP Equipment Financing as a senior vice president of development and sales. Previously, Steinhaus worked in banking and equipment finance at The Associates/Citicapital, F&M Bank & Trust, GE Capital Solutions and Simmons Bank. read more

OCT 8, 2020 - 7:22 am

Amanda Bialka, Tracy Schneider and Trista Stangler joined Oakmont Capital Services’ Minnesota-based team. Bialka joined Oakmont as a credit analyst, Schneider joined as a sales assistant and Stangler joined as an operations specialist. read more

OCT 6, 2020 - 7:27 am

Regions Bank closed a $75 million bi-lateral asset-backed facility for Dext Capital, providing financing for commercial equipment loans and leases. read more

OCT 6, 2020 - 7:26 am

Charles Schwab completed its acquisition of TD Ameritrade. The integration of the two companies’ operations is expected to occur over the next 18 to 36 months. read more

OCT 6, 2020 - 7:24 am