ELFA - Equipment Leasing and Finance Association - Equipping Business for Success

KeyBank National Association Names John F. State as Assistant General Counsel

Posted 05/17/2023

SUPERIOR, Colo. – May 17, 2023 – KeyBank National Association has named John F. State as assistant general counsel. In this role, State will be responsible for coordinating the legal affairs of Key Equipment Finance, a division of KeyBank National Association and one of the largest bank-owned equipment finance providers in the United States. He will be based in Key’s Patroon Creek Blvd. location in Albany, New York.

Most recently, State was in private practice with the New York law firm of Cullen and Dykman LLP, in its Albany, New York office. As a partner in the firm’s banking and financial services practice, he represented banks and non-bank lenders in complex commercial financing matters, including equipment leasing and finance transactions, asset-based lending transactions and commercial lending transactions.

“This role is a return to Key for John, who brings over 30 years of experience in the equipment finance industry, including a prior 10-year stint with Key, when he served as senior vice president and general counsel of Key Equipment Finance,” said Tom Wise, senior vice president and associate general counsel for KeyBank National Association. “We’re delighted to welcome him back.”

State holds a Juris Doctor degree from the Fordham University School of Law, and a Bachelor of Arts degree from Fordham University.

For more information, visit https://www.keyequipmentfinance.com/.

About Key Equipment Finance

Key Equipment Finance, a division of KeyBank, has been in the equipment, software and services finance business for over 50 years and is one of the largest bank-owned equipment finance providers in the U.S. The company provides tailored equipment lease and finance solutions for commercial clients and government entities, manufacturers, distributors, resellers and, through Specialty Finance Lending, a business unit of KeyBank, provides structured facilities across various sectors of the specialty finance market. Additionally, Key Equipment Finance’s capital markets team utilizes its syndication capabilities to structure large, multi-bank transactions. With headquarters outside Denver, Colorado, Key Equipment Finance manages approximately $14.9 billion in assets and originates approximately $5.5 billion of equipment financing annually. For more information, visit keyequipmentfinance.com.

About KeyCorp

KeyCorp's roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $198 billion at March 31, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

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Author
Jennifer Shermer
Organization
Keeton PR