Huntington Selected to Provide Custody Services to FTJ FundChoice
COLUMBUS, Ohio, Feb. 7, 2011 /PRNewswire/ -- Huntington (Nasdaq: HBAN) (www.huntington.com) has been selected to provide custody services to approximately $2 billion in assets managed by Hebron, Kentucky-based FTJ FundChoice, LLC.
"FTJ FundChoice has demonstrated outstanding growth in recent years and I'm pleased we were able to work with them to create a personalized custody solution," said Brian Blomquist, director of Huntington institutional custody. "Our institutional custody team will be holding assets, managing trades and providing operations support."
Mike Hall, president, FTJ FundChoice, added: "We've been banking with Huntington for the past decade so we're pleased to expand our relationship to include custody services. We selected them because of the professionalism of their team and the expansive custody services they offer."
Since the company's founding in 2001, FTJ FundChoice has provided financial advisors the ability to manage diversified mutual fund portfolios for their clients through access to leading investment managers. FTJ FundChoice provides access to over 1,500 no-load and load-waived mutual funds encompassing in excess of 200 fund families.
Huntington Bancshares Incorporated is a $54 billion regional bank holding company headquartered in Columbus, Ohio. Through its affiliated companies, Huntington has been providing a full range of financial services for 144 years. Huntington offers checking, loans, savings, insurance and investment services. It has 620 branches and also offers retail and commercial financial services online at huntington.com; through its telephone bank; and through its network of over 1,350 ATMs. Huntington's Auto Finance and Dealer Services group offers automobile loans to consumers and commercial loans to automobile dealers within our six-state banking franchise area, as well as selected New England states.
The Huntington National Bank, Member FDIC. The logo mark and Huntington® are federally registered service marks of Huntington Bancshares Incorporated.
SOURCE Huntington Bancshares Incorporated
Released February 7, 2011