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The Ohio company has been giving customers longer grace periods to address overdraft charges. While it has seen service charges decline, the company has been adding customers and checking accounts.
July 24 -
Auto-lending profits helped make the quarter for Huntington Bancshares and TCF Financial, but their CEOs ended up on the hot seat, as they reported results a day after the U.S. comptroller of the currency issued another warning about declining credit quality in the market.
October 22 -
Huntington Bancshares in Columbus, Ohio, has named R. Jeffrey Young president of its mutual fund service subsidiary.
March 31
Huntington Bancshares in Columbus, Ohio, has agreed to sell its fund-servicing business, Huntington Asset Services, to Ultimus Fund Solutions, a provider of back-office and other services for small and midsize advisers.
Financial terms of the deal, which is expected to close by Dec. 31, were not disclosed.
Ultimus, based in Cincinnati, will open offices in Columbus and Indianapolis to accommodate the acquired business.
