The Huntington National Bank
The Huntington National Bank ===> https://byltly.com/2tl2c7
Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. The company is ranked 521st on the Fortune 500,[4] and is 26th on the list of largest banks in the United States.
The company's banking subsidiary, The Huntington National Bank, operates 1047 banking offices, primarily in the Midwest: 459 in Ohio, 290 in Michigan, 80 in Minnesota, 51 in Pennsylvania, 45 in Indiana, 35 in Illinois, 32 in Colorado, 29 in West Virginia, 16 in Wisconsin and 10 in Kentucky.[5][6][2] In January 2009, the bank's Board of Directors named Steve Steinour as president, CEO, and chairman, succeeding Thomas Hoaglan, who retired after eight years in those positions.[6]
P. W. Huntington formed P. W. Huntington & Company in 1866, operating on the northwest corner of High and Broad Streets;[8] the site now houses the regional headquarters for rival U.S. Bancorp. Huntington built its first five-story building in 1878, on the intersection's southwest corner. Four out of five sons of P. W. would become partners during the 1890s and early 1900s. The bank was incorporated in 1905 as The Huntington National Bank of Columbus.[9] Huntington died in 1918 shortly after turning the bank over to his sons.[10]
Francis Huntington became president and provided active leadership for 14 years.[11] In 1915, the bank received limited trust powers. In 1922, the bank received full trust powers from the Federal Reserve System. In 1923, Huntington purchased Columbus-based the State Savings Bank & Trust Company and the Hayden-Clinton National Bank of Columbus, swelling its capital base.[12]
In 1958, Huntington acquired the Columbus-based The Market Exchange Bank Company. In 1962, Huntington acquired both First National Bank of Grove City and The People's Bank of Canal Winchester. In 1963, Huntington acquired both The Columbus Savings Bank and the Columbus-based The Northern Savings Bank. In 1966, Huntington Bancshares Incorporated (HBI) was established as a bank holding company.
In 1967, Huntington Bancshares acquired the Washington Court House-based The Washington Savings Bank. In 1969, it acquired the Ashland-based Farmers Bank. In 1970, it also acquired the Bowling Green-based The Bank of Wood County Company, the Toledo-based The Lucas County State Bank, and Lagonda National Bank of Springfield. In 1971, Huntington Bancshares acquired First National Bank & Trust Company of Lima, The Woodville State Bank, and the Kent-based The Portage National Bank. In 1972, it acquired The First National Bank of Wadsworth and The First National Bank of Kenton, also establishing the first 24-hour, fully automated banking office.
In 1973, Alger Savings Bank merged into an affiliate in Kenton, Ohio. In 1976, The Huntington Mortgage Company formed as a subsidiary of Huntington Bancshares with The Pickerington Bank being merged into the bank. In 1977, Huntington Bancshares acquired The Bellefontaine National Bank, The Central National Bank of London, and Columbus-based The Franklin National Bank. In 1979, a loan production office opened in Dayton, Ohio.[12]
In 1982, the bank merged with the Reeves Banking and Trust Company.[12] Huntington acquired the tiny Savings Bank of Chillicothe, Ohio in the early 1980s, which gained some fame in 2011 when 100-year-old June Gregg revealed to Huntington officials that her father had opened a savings account for her as a baby with Savings Bank in 1913 and that she had subsequently kept the account open. Huntington officials later confirmed it and gave her account a temporary increase in her interest rate to 5% as a centenarian present for her 98-year loyalty to Huntington and the Chillicothe branch's predecessor, Savings Bank.[13]
In July 2007, the company acquired Sky Financial Group Inc. based in Bowling Green, Ohio, which increased its presence in Indiana and Ohio and expanded it into Western Pennsylvania for the first time.[23][24][25][26][27] As of 2021, Huntington is the sixth-largest bank in the Pittsburgh market by deposits.[28]
In the first quarter of 2013, Huntington changed its ATMs to new ones that allow customers to make deposits by inserting cash and checks directly into the ATM.[47] The bank started in 2014 offering ATM deposits from mobile phones and through online transfers until 11:59 p.m. and post them that day.[48]
In January 2016, Huntington announced it would purchase Akron-based FirstMerit Corporation for $3.4 billion, making the FirstMerit Tower in Akron, Ohio, have the Huntington word mark on it, and making it one of the largest banks in Ohio.[59] Due to Sherman Antitrust Act concerns by the United States Department of Justice, it sold 11 branches in Canton and two in Ashtabula to First Commonwealth Bank.[60] Additionally, 107 branches located within 2.5 miles of other Huntington / FirstMerit branches were closed.[61][62][63]
On December 13, 2020, Huntington announced a merger with Detroit-based TCF Bank. Under the terms of the merger agreement, the bank would retain the Huntington name and the company and retail bank would remain headquartered in Columbus.[69] As part of the merger, the company also announced it would close 198 branches due to overlap. This included all 97 branches located inside Meijer stores in Michigan.[70] Regulators announced on May 26, 2021 that TCF Bank would be required by the Department of Justice to sell 13 branches in Michigan. These branches were purchased by Horizon Bank at the end of the third quarter. The final approval was given for the merger[71] and it was completed on June 9, 2021. The combined bank has $175 billion in assets.[2]
The company's retail banking business remains headquartered in Columbus. The company's commercial banking business is based in the TCF Building in downtown Detroit, which was renamed the Huntington Tower.[72][73][74] The building was originally intended to house Chemical Financial prior to its merger with TCF.[75] The building houses 800 employees of the combined company.[76]
The merger allowed Huntington to enter Minnesota and Colorado for the first time. The merged bank has 1,100 branches stretching from West Virginia to Colorado; its most important markets are Columbus, Detroit, Minneapolis-St. Paul, and Chicago. The merger also led to the closure of TCF Bank's only branch in South Dakota. TCF branches were converted in the fourth quarter of 2021.[72]
Huntington Bancshares Incorporated is a $183 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 1,000 branches in 11 states, with certain businesses operating in extended geographies.
Associated Banc-Corp (NYSE: ASB) has total assets of nearly $34 billion and is one of the top 50 publicly traded U.S. bank holding companies. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 230 banking locations serving more than 110 communities throughout Wisconsin, Illinois and Minnesota, and commercial financial services in Indiana, Michigan, Missouri, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
Non-deposit investment products, insurance, and securities are NOT deposits or obligations of, insured or guaranteed by Associated Bank, N.A. or any bank or affiliate, are NOT insured by the FDIC or any agency of the United States, and involve INVESTMENT RISK, including POSSIBLE LOSS OF VALUE.
Associated Bank has hundreds of locations throughout Illinois, Minnesota and Wisconsin. Find a location near you. You can also bank with us 24/7 through digital and automated telephone banking and ATMs. Want to speak to a live representative Call us at 800-236-8866 during our regular customer care hours. Commercial banking clients can call our dedicated business customer care line at 800-728-3501.
Huntington is the holding company of The Huntington National Bank, Columbus, Ohio, with approximately $120 billion in assets. Huntington has 839 full-service branches across seven Midwestern states. Huntington provides a wide range of banking and other financial services to consumers, businesses and wealth management customers.
TCF is the holding company of TCF National Bank, Detroit, Michigan, and has approximately $48 billion in assets. TCF has 475 branches primarily located in Michigan, Illinois and Minnesota. TCF also provides a broad array of consumer and business banking services, along with other services like wealth management and specialty leasing services, to its customers.
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COLUMBUS, Ohio, June 10, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) ranks highest regionally for its mobile banking app in the J.D. Power 2022 U.S. Banking Mobile App Satisfaction Study for the fourth year in a row.
The J.D. Power 2022 U.S. Banking Mobile App Satisfaction study measures overall satisfaction with financial institution's banking apps based on four factors: navigation; speed; visual appeal; and information/content. The study is based on responses from over 1,900 retail banking and credit card customers nationwide and was fielded February-April 2022.
Huntington Bancshares Incorporated is a $64 billion asset regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, and its affiliates provide full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; 59ce067264
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