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Interview with Jim Hudak, President of First Citizens Bank Commercial Finance

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Date: Nov 12, 2024 @ 07:00 AM
Filed Under: Industry Insights

In this interview, Jim Hudak, President of First Citizens Bank Commercial Finance, provides insights into how First Citizens Bank is strategically positioning itself within the market. Hudak discusses the synergy among the bank’s diverse lending groups including CIT and Silicon Valley Bank, and describes how these groups collaborate to deliver innovative commercial lending solutions across multiple industry sectors. Additionally, Hudak explores the expanding role of private debt players in today’s lending landscape and explains how First Citizens Bank partners with these lenders to offer tailored and complementary financial solutions.

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Jim Hudak
President – Commercial Finance | First Citizens Bank
In June 2023, First Citizens Bank named noted commercial banking executive Jim Hudak as president of its Commercial Finance group, which it acquired in its merger with CIT Group in early 2022. With more than 20 years as a commercial finance executive, Hudak is known throughout the industry for his leadership capabilities and strong commitment to client support and satisfaction. Hudak oversaw CIT's Commercial Finance businesses from 2008 to 2019, during which time many grew to become leading lenders in their industry verticals.
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