Atlanta-based SunTrust Banks Inc. is coming into the North Texas market, naming market presidents in the area as it plans an expansion here.
SunTrust Banks announced Aug. 9 it is opening commercial banking representatives in Texas and Ohio, where the bank also plans an expansion.
Julia Harman, who most recently served as a managing director in southwest corporate banking at SunTrust Robinson Humphrey Inc., has been appointed Dallas–Fort Worth market president. Harman has more than 15 years of corporate and investment banking experience, and has held commercial and corporate banking roles with Fifth Third Bank, Wells Fargo, and JPMorgan Chase.
Joining SunTrust as Cleveland market president is Jim Geuther. Geuther has 30 years of commercial banking and private wealth experience and most recently served as managing director and regional president for northeast Ohio at JPMorgan Chase, where he focused on clients in the middle market segment.
Ben Willingham joins SunTrust as Cincinnati market president, with 30 years of corporate and commercial banking and middle market banking expertise. Willingham most recently served as a senior vice president and senior relationship manager at U.S. Bank.
“We see a gap in the commercial banking space, where many businesses have been underserved and need access to capabilities beyond a loan – like M&A advisory, capital markets, and treasury management,” said Allison Dukes, commercial banking executive at SunTrust. “SunTrust has the capabilities of a full-scale corporate and investment bank, partnered with the deep local knowledge of commercial bankers that together can help businesses achieve their growth objectives.”
As of June 30, 2017, SunTrust had total assets of $207 billion and total deposits of $160 billion. The company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services.