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Business briefs

Aug. 18, 2013 @ 12:00 AM

Huntington Bank recognized in Bank Director Magazine

COLUMBUS -- Huntington Bank was named the top performing bank in the nation by Bank Director Magazine in its recent annual Bank Performance Scorecard issue, the magazine announced today.

The scorecard lists the top performing publicly traded banks across the nation in three categories based on asset size. There were 289 banks participating this year.

Huntington, with assets of $56 billion, came in first in the $50 billion and up category, moving up to the top spot from last year when it was second in the rankings.

The Bank Performance Scorecard is an annual survey of banks that measures profitability, asset quality and capitalization. In describing Huntington's No. 1 ranking, the magazine lauded Huntington for carving out a niche within the super prime indirect auto space as well as its Fair Play banking, which includes the bank's "highly popular free checking product." The magazine added that Huntington "saw a significant improvement in asset quality last year and the resulting credit leverage also boosted its 2012 earnings."

Steve Steinour, chairman, president and CEO of Huntington Bank, said in a news release that, "With the board's input, Huntington developed a strategic plan in 2009 that has resulted in the expansion of our customer base by 30 percent.

"The board also had the vision to make banking more convenient through the addition of in-store and extended hour banking as well as investments in key commercial products that reflect the needs of our Midwest markets including capital markets, treasury management, health care, energy and agriculture," he said.

"With the guidance of our board and dedication of our colleagues, we have been able to top this year's scorecard. Huntington continues to be grateful to our customers for their loyalty, business and ongoing commitment to Huntington."

The complete results of the Bank Performance Scorecard are available in print and online in the 3rd quarter 2013 issue of Bank Director.

Herald-Dispatch wins three advertising awards

HUNTINGTON -- The Herald-Dispatch won three awards in the West Virginia Press Association's 2013 Better Advertising Contest.

The awards, for work published in 2012, were presented at the WVPA's annual convention earlier this month at Oblebay Resort in Wheeling.

The Herald-Dispatch competed in Division 1, which includes the state's largest newspapers.

The newspaper won a first-place award for the Best Progress Edition, credited to the advertising and creative department staff; second place for best single ad, over half page, by Lisa Counts; and third place for best special section for the staff's Bridal Guide.

Huntington Small Business Summit set for Aug. 21

HUNTINGTON -- The West Virginia Small and Micro Business Alliance for Economic Inclusion has partnered with Unlimited Futures Inc. to host the Huntington Small Business Resource Summit from 9 a.m. to 2 p.m. Aug. 21 at the Big Sandy Superstore Arena Conference Center.

The free event targets present and prospective small business owners. There is no cost to be an exhibitor, and lunch will be provided.

The Huntington Small Business Resource Summit is designed as a "one-stop shopping" opportunity for present and prospective small and micro business owners that will allow them to meet and obtain information from a broad spectrum of service providers, including federal, state, city/county and community-based organizations that can provide the information and services needed to help launch or expand their business.

There will be four break-out sessions, also at no cost. Seating is first-come, first-serve.

The schedule is as follows:

9 a.m.: Small Business Financing for Existing and Start-up Businesses.

9:45 a.m.: Getting Your Message Out: Social Media Marketing Strategies.

10:20 a.m.: Are You Controlling Your Business or is Your Business Controlling You?

11 a.m.: Understanding Cash Flow

If your organization would like to participate as an exhibitor at this event or if you have any questions, contact Ursulette Huntley, program director, Unlimited Future Inc., at 304-697-3007 or ursulette@unlimitedfuture.org.