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Huntington Bancshares (HBAN) in Columbus, Ohio, has snagged an executive from an in-state rival to manage an important investment business.
May 13 -
Huntington Banchshares (HBAN) in Columbus, Ohio, has completed its acquisition of Camco Financial but it has retained only half of Camco's 22 branches.
March 5 -
Huntington Bancshares (HBAN) has promoted longtime executive John Irwin to president of its western Michigan region.
January 31 -
Huntington Bank (HBAN) is joining with Michigan State University to give fans of the school's football team a new way to show their pride.
February 25 -
Banks and Farm Credit lenders are typically rivals, but Huntington Bank and GreenStone Farm Credit Services have set aside their differences to come to the aid of Michigan fruit growers and processors.
June 26
Huntington Bancshares (HBAN) keeps expanding in Michigan, agreeing to buy 13 more branches from Bank of America (BAC).
The deal, announced Wednesday, comes about a month after the $60-billion asset
The latest transaction involves 11 branches in the Monroe and Flint markets, and one each in Holland and Muskegon. Financial terms of the deal were not disclosed.
"We view Michigan as very attractive," Stephen Steinour, the chairman and chief executive of Huntington, said in a news release. "We plan to continue to significantly grow our presence within the state, providing financial services solutions to an increasing Huntington consumer and commercial customer base."
Huntington would obtain about $500 million in deposits but no loans in the new deal.
Huntington has added more than 500 jobs in Michigan through its 75 branch acquisitions over the last four years. The Columbus, Ohio, bank anticipates having 2,000 employees within the state by yearend.
Huntington's business journey into Michigan began in 2009 by obtaining the Warren Bank's deposits. Three years later,
Most recently, the bank began working with the Michigan Economic Development Corp. to form the
Additionally, the bank in 2012 started a
