Huntington National Bank is hungry to buy retail paper from dealers.
The regional bank, which has branches in six states, is increasing its auto loan business -- contrary to the national trend in which captive finance companies are taking business away from banks and credit unions.
Huntington, based in Columbus, Ohio, was the No. 1 auto lender in Ohio in the fourth quarter of 2009 and the first quarter of 2010, outlending other banks and all of the captive finance companies with a statewide market share of about 12 percent, the bank said. Huntington has branches in Ohio, Indiana, Kentucky, Michigan, Pennsylvania and West Virginia.