Three major markets and a full line of wholesale financial services for auto dealers are the news from SunTrust Banks this week.

On Tuesday, SunTrust Banks announced the expansion of its wholesale automobile dealer financial services to Dallas, Chicago and Boston, offering a full line of wholesale and indirect banking products to dealers in these metropolitan areas.

The company has served auto dealer clients in the Southeast for more than 50 years.

Also announced is that SunTrust Robinson Humphrey has extended its corporate banking presence to these same markets as part of a national expansion strategy.

"SunTrust has a long history of serving auto dealers and we understand the business," said Beau Cummins, commercial and business banking executive. 

"We will bring personalized service, proven expertise and the full financial capabilities of SunTrust Bank and SunTrust Robinson Humphrey to the industry in these dynamic regions," he said.

Executives Named

Leading the Dallas-based wholesale auto dealer finance team will be Wes McKnight and Greg Buell. McKnight joins SunTrust following 15 years in the auto industry, working with all auto manufacturer brands. 

Buell has more than 20 years of risk management and servicing experience within the auto financial services industry, including credit operations, dealer credit, collections, and sales and call center management. 

In Chicago, leading the wholesale auto dealer team is Scott Worthing, who brings more than 20 years of dealer financial services management experience including developing, launching and marketing new products and services, combined with OEM executive relationship experience. 

In Boston, Michael Walsh brings 27 years of auto sales and finance experience, including the development of dealership group relationships within the New England and Mid-Atlantic markets.