WV Press Release Sharing
BECKLEY, W.Va. – Country Roads Angel Network (CRAN), West Virginia’s only accredited angel investment network, announced the finalization of a sponsorship agreement with Huntington National Bank (HNB), with 29 locations in the Mountain State and recently recognized by Forbes as one of the world’s top banks.
“What’s unique about Huntington National Bank is its local, community bank presence paired with the abilities of one of the largest banks in the country,” said Judy Moore, CRAN’s president and managing director. “Our team fully understands how beneficial local and community banks are in the start-up and nurturing of businesses in our growing region. HNB makes more loans to small businesses than any other bank in the United States.”
HNB West Virginia Regional President Chad Prather said “CRAN offers Huntington National Bank the opportunity to assist local businesses by identifying where they need support and helping those businesses to find solutions that work for them. We’re committed to helping strengthen West Virginia businesses and improve the lives of West Virginians. If we help businesses grow and thrive in West Virginia, we’ll see the benefit of that growth in areas of food security, health, poverty and unemployment.”
CRAN is an initiative of the New River Gorge Regional Development Authority (NRGRDA), and is administered by the West Virginia Hive, an entrepreneurial support program of the NRGRDA. CRAN is positioned to make investments in all 55 counties of West Virginia and is made up of accredited investors from across the country who in large part are native West Virginians looking to support and showcase the talent offered in their home state.
# # #
About CRAN: A non-profit corporation based in Beckley and serving all 55 counties of the Mountain State, CRAN offers emerging businesses early stage, seed funding to bring their creations to market. CRAN is administered by the New River Gorge Regional Development Authority’s WV Hive and was made possible through a startup grant from the U.S. Economic Development Authority, with support from the One Foundation, Massey Foundation, Dinsmore & Shohl, LLP, and the Charlottesville Angel Network. CRAN has recruited qualified investors to evaluate, invest in, and mentor individual startup businesses and completes the NRGRDA ecosystem of innovation and health, attracting a new economy to a region of boundless natural beauty and possibilities. https://www.wvcran.com/
About Huntington National Bank: Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $175 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle-market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,100 branches in 12 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.