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Huntington Bank plans to increase its lending to small businesses in Southeast Michigan by $360 million over the next three years--helping fund what it says will be the growth of up to 2,500 area businesses--and has begun the process of hiring six or seven bankers to help manage that expansion.
"We're recruiting and interviewing bankers. We have a good inventory of potential bankers to hire, and now we'll get those positions filled," said Jim Dunlap, who is president of the bank's Grand Rapids-based Michigan operations.
Dunlap is also the senior executive vice president of regional and commercial banking for the Columbus-based bank, with all 11 of the bank's regional presidents reporting to him.
That news follows an announcement last Monday that a commercial lending team of eight former Comerica Bank lenders had joined Huntington's Troy headquarters for the bank's eastern Michigan region.
That team augments an expansion of middle- and upper-market lending and doubles the size of those operations in the Troy office.
The new lending team at Huntington is headed by Brian Marshall, who was a senior vice president at Comerica....