Huntington Bancshares

Last updated

Huntington Bancshares Incorporated
Huntington National Bank
FormerlyP. W. Huntington & Company
Company type Public
Nasdaq:  HBAN
S&P 500 Index component
Industry Banking
FoundedJanuary 1866;158 years ago (1866-01) [1] as P. W. Huntington & Company in Columbus, Ohio [2]
FounderP.W. Huntington
Headquarters Columbus, Ohio
39°57′40″N83°00′02″W / 39.961153°N 83.000594°W / 39.961153; -83.000594
Area served
Colorado, Indiana, Kentucky, Minnesota, Michigan, Ohio, Pennsylvania, West Virginia, Illinois, and Wisconsin
Key people
Stephen D. Steinour (chairman, president & CEO)
Zachary Wasserman (CFO)
Increase2.svg $1.817 billion (2023)
Total assets Increase2.svg $189.368 billion (2023)
Total equity Increase2.svg $19.353 billion (2023)
Number of employees
19,955 (2023)
Website www.huntington.com OOjs UI icon edit-ltr-progressive.svg
Footnotes /references
[3]
The Huntington Center (left), the company's headquarters, beside the Huntington National Bank Building (right), in downtown Columbus, Ohio Huntington Bank.jpg
The Huntington Center (left), the company's headquarters, beside the Huntington National Bank Building (right), in downtown Columbus, Ohio
Huntington Bank location in Springboro, Ohio Huntington Bank Springboro OH USA.JPG
Huntington Bank location in Springboro, Ohio
Huntington's Weatherball in Flint, Michigan, built in 1956 by Citizens Bank, the former building owner Huntington Bank Weatherball in Flint, MI.jpg
Huntington's Weatherball in Flint, Michigan, built in 1956 by Citizens Bank, the former building owner

Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. Its 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. [4] [5] [6]

Contents

The company is ranked 466th on the Fortune 500 as of 2024. [7] It is on the list of largest banks in the United States. It is the largest originator of SBA 7(a) loans. [8] [9]

As of 2021, Huntington is the sixth-largest bank in the Pittsburgh market by deposits. [10]

History

P. W. Huntington formed P. W. Huntington & Company in 1866, operating on the northwest corner of High and Broad Streets; [11] 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 of P. W.'s five sons became partners during the 1890s and early 1900s. The bank was incorporated in 1905 as The Huntington National Bank of Columbus. [12] Huntington died in 1918 shortly after turning the bank over to his sons. [13]

Francis Huntington became president and provided active leadership for 14 years. [14] In 1915, the bank received limited trust powers. In 1922, it received full trust powers from the Federal Reserve System. In 1923, Huntington purchased Columbus-based State Savings Bank & Trust Company and the Hayden-Clinton National Bank of Columbus, swelling its capital base. [15]

In 1958, Huntington acquired the Columbus-based The Market Exchange Bank Company. In 1962, it acquired both First National Bank of Grove City and The People's Bank of Canal Winchester. In 1963, it acquired both The Columbus Savings Bank and the Columbus-based The Northern Savings Bank. In 1966, it reorganized as a holding company, Huntington Bancshares Incorporated.

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, it 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. [15]

In 1975, the company changed its logo to its current "honeycomb" logo.

In 1980, Farmers & Merchants Bank, Milford Center and The First National Bank of Burton merged with Huntington Bancshares. [15]

In 1981, the bank acquired Alexandria Bank Company and renamed it The Huntington State Bank, with a loan production office opening in Cincinnati.

In 1982, the bank merged with the Reeves Banking and Trust Company. [15] 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 kept the account open. Huntington officials later confirmed it and gave her account a temporary interest rate increase to 5% as a centenarian present for her 98-year loyalty to Huntington and the Chillicothe branch's predecessor, Savings Bank. [16]

In 1983, the bank acquired Cleveland-based Union Commerce Bank. [17] In 1997, it acquired First Michigan Bank Corporation of Holland, Michigan. [18] [19] [20]

In 2002, the company sold its branches in Florida to SunTrust Banks for $705 million. [21] [22] [23] [24] In 2006, it acquired Unizan Financial. [25] [26] [27]

In 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. [28] [29] [30] [31] [32]

In 2008, the United States Department of the Treasury invested $1.4 billion in the company as part of the Troubled Asset Relief Program, and in 2010, the company repaid the Treasury. The U.S. government made a profit of over $144 million from its investment in the company. [33] [34] [35] [36]

In 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. [5] [37]

In 2009, Huntington bid against rival Fifth Third Bank to acquire National City Corp. branches in the Pittsburgh region from PNC Financial Services. The United States Department of Justice ordered PNC to sell the branches to comply with United States antitrust law after the National City acquisition by PNC. [38] PNC sold the overlapping branches to First Niagara Bank. [39]

On October 3, 2009, the Federal Deposit Insurance Corporation named Huntington as receiver of a $400 million deposit portfolio from the bank failure of Warren Bank in Warren, Michigan. [40] [41] [42]

On December 18, 2009, Huntington signed a 45-day lease with the FDIC to run a bridge bank for the failed Citizens State Bank in New Baltimore, Michigan. [43] [44] [45]

In 2011, three wordmarks and two icons were placed atop the 200 Public Square building in Cleveland, Ohio. The building was formerly named the BP Building and was headquarters to SOHIO from 1985 to 2011, when the logo was put on the building.

In March 2012, the bank acquired Dearborn-based Fidelity Bank. [46] [47] [48] [49]

In 2012, Huntington was in merger discussions with Flint, Michigan-based Citizens Republic Bancorp. Discussions stalled and FirstMerit purchased Citizens Republic in September 2012. FirstMerit was itself acquired by Huntington in 2016. [50] [51]

In the first quarter of 2013, Huntington changed its ATMs to ones that allow customers to make deposits by inserting cash and checks. [52] In 2014, the bank began offering ATM deposits from mobile phones and through online transfers. [53]

In March 2014, the company acquired Ohio-based Camco Financial, holding company for Advantage Bank, for $97 million in stock. [54] [55] [56] [57]

In September 2014, the company acquired 24 offices of Bank of America in Central Michigan, including the Port Huron, Flint, and Saginaw markets. This raised the number of Huntington branches in Michigan to 173, including over 40 in Meijer stores. [58] [59] [60]

In March 2015, the company acquired Michigan-based Macquarie Equipment Finance, Inc. from Sydney, Australia-based Macquarie Group for $458 million. [61] [62] [63]

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. [64] 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. [65] Additionally, 107 branches within 2.5 miles of other Huntington / FirstMerit branches closed. [66] [67] [68]

In October 2020, the bank announced expansion plans to Philadelphia. [69]

On December 13, 2020, Huntington announced the acquisition of Detroit-based TCF Financial Corporation. [70] As part of the merger, the company also announced it would close 198 branches due to overlap. This included all 97 branches inside Meijer stores in Michigan. [71] Regulators required the firm to sell 13 branches in Michigan as a condition of approval. Horizon Bank purchased these branches at the end of the third quarter. [72] The merger was completed on June 9, 2021. [6] [73] [74] [75] [76] [77] It resulted in expansion to Minnesota and Colorado for the first time. TCF branches were converted in the fourth quarter of 2021. [73]

In June 2022, Huntington completed its acquisition of Capstone Partners, an investment bank and advisory firm based in Boston. [78] [79] [80] [81] By 2023, the bank had invested $100 million in venture capital. [82]

Huntington Preferred Capital

Huntington Bancshares also operates Huntington Preferred Capital, a real estate investment trust (REIT). It was organized under Ohio law in 1992 and designated a REIT in 1998. Four related parties own HPCI's common stock: Huntington Capital Financing LLC; Huntington Preferred Capital II, Inc.; Huntington Preferred Capital Holdings, Inc.; and Huntington Bancshares Incorporated. All these entities are tied via ownership and/or interlocking directorships to Huntington Bancshares, directly or through Huntington National Bank. In addition to the common stock, Huntington Preferred Capital also issued two million shares of preferred stock, paying a quarterly cash dividend of $0.4925 per share. This stock is largely held by the same companies as the common stock, but a small fraction of the available shares are sold on the open market. Huntington Preferred Capital had one subsidiary, HPCLI, Inc., a taxable REIT subsidiary formed in 2001 for the purpose of holding certain assets (primarily leasehold improvements). On December 31, 2007, Huntington Preferred Capital paid common stock dividends consisting of cash and the stock of HPCLI to its common stock shareholders. After the stock dividend was paid, HPCLI became a wholly owned subsidiary of Huntington Preferred Capital Holdings, which holds all the shares of HPCLI. [83]

Old checks

In 2012, Huntington started displaying checks written by famous people, including 24 former U.S. presidents, such as Abraham Lincoln, George Washington, Thomas Jefferson, Andrew Jackson, Theodore Roosevelt, Franklin Roosevelt, and Niles, Ohio native William McKinley. Other checks were signed by Charles Dickens, Thomas Edison, Ernest Hemingway, and Susan B. Anthony. [84] The most notable check was one written by Lincoln to "self" for $800 dated April 13, 1865, the day before his assassination. [85] The checks are estimated to be worth over $75,000 today. Huntington acquired the checks in 1983 when it purchased Union Commerce Bank and received several boxes of old documents, but were only discovered in 2011, when a Huntington employee was looking through the documents. [86]

Sponsorships

Huntington owns the naming rights to:

See also

Related Research Articles

<span class="mw-page-title-main">Bank One Corporation</span> Former bank of the United States

Bank One Corporation was an American bank founded in 1968 and at its peak the sixth-largest bank in the United States. It traded on the New York Stock Exchange under the stock symbol ONE. The company merged with JPMorgan Chase & Co. on July 1, 2004, with its CEO Jamie Dimon taking the lead at the combined company. The company had its headquarters in the Bank One Plaza in the Chicago Loop in Chicago, Illinois, now the headquarters of Chase's retail banking division.

<span class="mw-page-title-main">U.S. Bancorp</span> American bank holding company

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions. As of 2019, it had 3,106 branches and 4,842 automated teller machines, primarily in the Western and Midwestern United States. In 2023 it ranked 149th on the Fortune 500, and it is considered a systemically important bank by the Financial Stability Board. The company also owns Elavon, a processor of credit card transactions for merchants, and Elan Financial Services, a credit card issuer that issues credit card products on behalf of small credit unions and banks across the U.S.

<span class="mw-page-title-main">Comerica</span> American financial services company

Comerica Incorporated is an American financial services company, headquartered in Dallas, Texas. It is the parent of Comerica Bank, a regional commercial bank with 413 branches in the U.S. states of Texas, Michigan, California, Florida and Arizona. Comerica is among the largest U.S. financial holding companies, with offices in a number of U.S. cities.

<span class="mw-page-title-main">Citizens Financial Group</span> Eastern U.S. bank

Citizens Financial Group, Inc. is an American bank holding company, headquartered in Providence, Rhode Island. The company owns the bank Citizens Bank, N.A., which operates in the U.S. states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, and Virginia, as well as Washington, DC.

<span class="mw-page-title-main">National City Corp.</span> American bank and part of National City Corp

National City Corporation was a regional bank holding company based in Cleveland, Ohio, founded in 1845; it was once one of the ten largest banks in America in terms of deposits, mortgages and home equity lines of credit. Subsidiary National City Mortgage is credited for doing the first mortgage in America. The company operated through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania, Florida, and Wisconsin, and also served customers in selected markets nationally. Its core businesses included commercial and retail banking, mortgage financing and servicing, consumer finance, and asset management. The bank reached out to customers primarily through mass advertising and offered comprehensive banking services online. In its last years, the company was commonly known in the media by the abbreviated NatCity, with its investment banking arm even bearing the official name NatCity Investments.

<span class="mw-page-title-main">Huntington Place</span> Convention center in Detroit

Huntington Place is a convention center in Downtown Detroit, owned by the Detroit Regional Convention Facility Authority (DRCFA) and operated by ASM Global. Located at 1 Washington Boulevard, the facility was originally named after former Mayor of Detroit Albert Cobo.

<span class="mw-page-title-main">National Bank of Detroit</span> Defunct American commercial bank

The National Bank of Detroit (NBD), later renamed NBD Bank, was a bank that operated mostly in the Midwestern United States. Following its merger with First National Bank of Chicago, the bank was ultimately acquired and merged into Bank One, at which point the NBD name was discontinued. Today, what was once NBD is owned by JPMorgan Chase & Co.

<span class="mw-page-title-main">Citizens Republic Bancorp</span> American bank

Citizens Republic Bancorp was a bank holding company for Citizens Bank, headquartered in Flint, Michigan. It merged with FirstMerit Bank in June 2013. It operated 219 branches and 248 ATMs in Michigan, Wisconsin, and Ohio. FirstMerit merged with Huntington Bancshares in 2016.

<span class="mw-page-title-main">Sky Financial Group</span> Defunct American Bank

Sky Financial Group, Inc., was a diversified financial services holding company that operated in the Midwestern United States from 1998 until its 2008 acquisition by rival bank Huntington Bancshares. Its largest subsidiary was Sky Bank, a commercial and retail banking company headquartered in Salineville, Ohio, that operated 330 financial centers and over 400 ATMs in Ohio, Pennsylvania, Indiana, Michigan and West Virginia. Other wholly owned subsidiaries included investment, trust, and insurance services.

Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.

<span class="mw-page-title-main">First Citizens BancShares</span> American financial services company

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

<span class="mw-page-title-main">WesBanco</span> American bank holding company

WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.

<span class="mw-page-title-main">FirstMerit Corporation</span> Bank

FirstMerit Corporation was a diversified financial services company headquartered in Akron, Ohio, with assets of approximately $26.2 billion as of June 30, 2016, and 359 banking offices and 400 ATM locations in Ohio, Michigan, Wisconsin, Illinois and Pennsylvania. FirstMerit provided a range of banking and other financial services to consumers and businesses. Principal affiliates included: FirstMerit Bank, N.A., and FirstMerit Mortgage Corporation. It was acquired by Huntington Bancshares in August 2016.

Premier Financial Corp., headquartered in Defiance, Ohio, is the holding company for Premier Bank. Premier Bank, headquartered in Youngstown, Ohio, operates 73 branches and 9 loan offices in Ohio, Michigan, Indiana and Pennsylvania and serves clients through a team of wealth professionals dedicated to each community banking branch. For more information, visit the company’s website at PremierFinCorp.com.

<span class="mw-page-title-main">Northwest Bank</span> Pennsylvania Bank

Northwest Bank is a bank headquartered in Warren, Pennsylvania. It is the leading subsidiary of Northwest Bancshares, Inc., a bank holding company, and operates 170 branches in central and Western Pennsylvania, Western New York, Northeast Ohio, Appalachian Ohio, and Indiana.

The National City acquisition by PNC was the deal by PNC Financial Services to acquire National City Corp. on October 24, 2008 following National City's untenable loan losses during the subprime mortgage crisis. The deal received much controversy due to PNC using TARP funds to buy National City only hours after accepting the funds while National City itself was denied funds, as well as civic pride for the city of Cleveland, Ohio, where National City was based.

Camco Financial Corporation, or Camco Financial, headquartered in Cambridge, Ohio, was a registered bank holding company under the law of Delaware. It wholly owned the Ohio-based Advantage Bank and operated 22 offices in Ohio, Kentucky and West Virginia. Camco offered a wide range of banking services through Advantage Bank. As of December 31, 2012, Camco had $764.259 million in total assets, $59.727 million in total stockholders' equity and $627.224 million in deposits.

<span class="mw-page-title-main">Gary Torgow</span> American businessman

Gary Torgow is an American businessman, serving as the chairman of The Huntington National Bank, a subsidiary of Huntington Bancshares,

<span class="mw-page-title-main">Star Banc Corporation</span>

Star Banc Corporation was a Cincinnati, Ohio-based regional bank holding company that acquired Firstar in 1998 and took the Firstar name; the merged bank acquired U.S. Bancorp in 2001 and took the U.S. Bancorp name. The company can trace its origins back to 1863 when it was first founded as the First National Bank of Cincinnati.

<span class="mw-page-title-main">TCF Financial Corporation</span> Former American financial services company

TCF Financial Corporation, an acronym for Twin City Federal, was a bank holding company based in Detroit, Michigan. Its operating subsidiary, TCF Bank, operated 478 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Ohio, and South Dakota. It also operated specialty lending and leasing businesses in all 50 states, Canada, New Zealand, and Australia. TCF was acquired by Huntington Bancshares in June 2021.

References

  1. ↑ "Huntington Private Bank". Florida Weekly. Bonita Springs. September 12, 2019. Retrieved June 20, 2023.
  2. ↑ Ohio History Journal
  3. ↑ "Huntington Bancshares Incorporated 2023 Form 10-K Annual Report". U. S. Securities and Exchange Commission . February 16, 2024.
  4. ↑ "Huntington Bank". Bank Branch Locator. Archived from the original on January 29, 2022. Retrieved January 28, 2022.
  5. 1 2 "Huntington hires Ex-Citizens Financial exec as CEO". The Columbus Dispatch . January 14, 2009. Archived from the original on October 2, 2022. Retrieved May 17, 2020.
  6. 1 2 Manes, Nick (June 9, 2021). "Huntington Bank completes acquisition of TCF". Crain's Detroit Business. Archived from the original on June 9, 2021. Retrieved June 9, 2021.
  7. ↑ "List of Fortune 500 companies". 50Pros. Retrieved March 10, 2024.
  8. ↑ Smith, Emily (October 8, 2021). "HUNTINGTON BANK TAKES TOP SPOT NATIONALLY FOR SBA 7(A) LOAN ORIGINATION BY VOLUME FOR FOURTH CONSECUTIVE YEAR". huntington-ir.com. Archived from the original on June 8, 2022. Retrieved July 7, 2022.
  9. ↑ "Huntington again is by far the busiest SBA lender in" . American City Business Journals . October 20, 2023.
  10. ↑ Sabatini, Patricia (October 6, 2021). "Leading banks in the Pittsburgh region see deposits grow, number of branches shrink". Pittsburgh Post-Gazette . Archived from the original on October 22, 2021.
  11. ↑ Heer 1914, p. 312.
  12. ↑ McNally 1914, p. 60.
  13. ↑ "Shaping Columbus: P.W. Huntington, founder of Huntington National Bank" . American City Business Journals . March 2, 2012. Archived from the original on October 6, 2016.
  14. ↑ Herringshaw 1906, p. 869.
  15. 1 2 3 4 "Timeline: Huntington Bancshares". Archived from the original on November 4, 2016. Retrieved November 4, 2016.
  16. ↑ Whiteman, Doug (June 5, 2011). "Ohio woman, 100, still uses bank account dating to 1913". USA Today . Archived from the original on July 25, 2014. Retrieved November 14, 2012.
  17. ↑ Wheeler, Linda (January 17, 2012). "Was Lincoln doing some financial planning?". The Washington Post . Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  18. ↑ "Huntington Bancshares Incorporated Columbus, Ohio - Order Approving Acquisition of a Bank Holding Company" (Press release). Federal Reserve Board of Governors. September 2, 1997. Archived from the original on May 2, 2017. Retrieved April 28, 2018.
  19. ↑ "First Michigan bought: Huntington Bancshares Inc. said..." Chicago Tribune . May 5, 1997. Archived from the original on October 2, 2022. Retrieved April 28, 2018.
  20. ↑ "Huntington to Buy First Michigan Bank" . The New York Times . Bloomberg News. May 6, 1997. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  21. ↑ Salgat, Ken (February 18, 2002). "Huntington National Bank's Tampa Bay area run over". American City Business Journals . Archived from the original on June 3, 2005.
  22. ↑ "COMPANY NEWS; SUNTRUST BANKS TO BUY HUNTINGTON BRANCHES IN FLORIDA". The New York Times . Reuters. September 27, 2001.
  23. ↑ Mollenkamp, Carrick; Perez, Evan (September 26, 2001). "SunTrust Banks to Pay $705 Million For Huntington's Florida Business" . The Wall Street Journal . Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  24. ↑ Harrington, Jeff (September 27, 2001). "SunTrust lands Huntington division". Tampa Bay Times .
  25. ↑ "Huntington completes Unizan acquisition". American City Business Journals . March 1, 2006. Archived from the original on October 2, 2022.
  26. ↑ "Huntington Bancshares To Buy An Ohio Lender". The New York Times . Associated Press. January 28, 2004. Archived from the original on April 29, 2018.
  27. ↑ Weidner, David (January 27, 2004). "Huntington to buy rival Unizan" . MarketWatch .
  28. ↑ "Huntington Bancshares and Sky Financial Group Announce Merger Agreement" (Press release). U.S. Securities and Exchange Commission. December 20, 2006. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  29. ↑ "Huntington Bancshares to Acquire Sky Financial" . The New York Times. December 20, 2006. Archived from the original on April 29, 2018. Retrieved March 5, 2017.
  30. ↑ Mezger, Roger (September 21, 2007). "Huntington rebranding Sky Bank branches". The Plain Dealer . Cleveland. Archived from the original on February 4, 2016. Retrieved January 29, 2016.
  31. ↑ Burns, Adrian (December 20, 2006). "Huntington agrees to buy Sky Financial". Columbus Business First. Archived from the original on June 22, 2012. Retrieved April 28, 2018.
  32. ↑ Turner, Shawn A. (December 20, 2006). "Huntington looks to the Sky in $3.6B deal". Crain's Cleveland Business . Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  33. ↑ Kulikowski, Laurie (December 13, 2010). "Huntington Bank to Repay TARP". TheStreet.com . Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  34. ↑ "Huntington's TARP repayment made". Columbus Business First. December 22, 2010. Archived from the original on December 31, 2010. Retrieved April 28, 2018.
  35. ↑ Aspan, Maria; Rauch, Joe (December 13, 2010). "Two banks outline TARP repayment plans". Reuters . Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  36. ↑ Murray, Teresa Dixon (December 13, 2010). "Huntington to sell stock to repay TARP to government". The Plain Dealer. Cleveland. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  37. ↑ Murray, Teresa Dixon (January 14, 2009). "Huntington Bancshares names Stephen Steinour as new CEO". The Plain Dealer .
  38. ↑ Sabatini, Patricia (March 21, 2009). "FNB won't buy National City units". Pittsburgh Post-Gazette . Archived from the original on September 22, 2022. Retrieved August 16, 2009.
  39. ↑ Olson, Thomas (April 8, 2009). "First Niagara Bank buys 57 National City Bank branches from PNC". Pittsburgh Tribune-Review . Archived from the original on November 29, 2014. Retrieved November 14, 2012.
  40. ↑ "The Huntington National Bank, Columbus, Ohio, Assumes All of the Deposits of Warren Bank, Warren, Michigan" (Press release). Federal Deposit Insurance Corporation. October 2, 2009. Archived from the original on April 13, 2018. Retrieved April 28, 2018.
  41. ↑ van Doorn, Philip (October 3, 2009). "Three More Banks Fail". TheStreet.com. Archived from the original on May 25, 2013. Retrieved November 14, 2012.
  42. ↑ Halcom, Chad (October 5, 2009). "Warren Bank accounts will convert to Huntington National Bank in 1Q of 2010". Crain's Detroit Business. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  43. ↑ "FDIC Creates a Deposit Insurance National Bank to Facilitate the Resolution of Citizens State Bank, New Baltimore, Michigan" (Press release). Federal Deposit Insurance Corporation. December 18, 2009. Archived from the original on April 13, 2018. Retrieved April 28, 2018.
  44. ↑ Henderson, Tom (December 21, 2009). "State shuts down Citizens State Bank in New Baltimore". Crain's Detroit Business. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  45. ↑ "Regulators shutter 2 big Calif. banks, 5 others". The Oklahoman . Oklahoma City. Associated Press. December 18, 2009. Archived from the original on May 26, 2013. Retrieved November 14, 2012.
  46. ↑ "Huntington Bancshares Purchases Fidelity Bank in Southeastern Michigan" (Press release). Huntington Bancshares. March 30, 2012. Archived from the original on October 2, 2022. Retrieved April 28, 2018– via Business Wire.
  47. ↑ Kaffer, Nancy (March 30, 2012). "Huntington National Bank acquires Fidelity Bank after parent Dearborn Bancorp ruled 'unsafe and unsound'". Crain's Detroit Business. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  48. ↑ "Huntington buys Michigan's Fidelity Bank from FDIC". Columbus Business First. April 2, 2012. Archived from the original on June 22, 2013. Retrieved April 28, 2018.
  49. ↑ "FDIC: Failed Bank Information: Fidelity Bank, Dearborn, MI Closing Information" (Press release). Federal Deposit Insurance Corporation. July 9, 2018. Archived from the original on October 2, 2022. Retrieved April 28, 2018.
  50. ↑ Rouan, Rick (September 13, 2012). "FirstMerit Corp., not Huntington, buys Citizens Republic Bancorp in stock deal". Columbus Business First. Archived from the original on October 4, 2012. Retrieved April 28, 2018.
  51. ↑ "FirstMerit to acquire Citizens Republic bank". The Blade . Toledo. September 14, 2012. Archived from the original on November 14, 2012. Retrieved November 14, 2012.
  52. ↑ Williams, Mark (February 18, 2013). "Huntington switching to ATMs that can do more". The Columbus Dispatch . Archived from the original on December 25, 2015. Retrieved January 30, 2016.
  53. ↑ Murray, Teresa Dixon (April 18, 2014). "Huntington Bank expands deposit times until midnight, adds to 'fair play' strategy". The Plain Dealer. Cleveland. Archived from the original on January 18, 2016. Retrieved January 30, 2016.
  54. ↑ "Huntington Bancshares Expands in Ohio with Closing of Acquisition of Camco Financial, Parent of Advantage Bank" (Press release). Huntington Bancshares. March 4, 2014. Archived from the original on October 2, 2022. Retrieved April 28, 2018– via Business Wire.
  55. ↑ "Huntington Bancshares Incorporated Strengthens Its Number One Branch Share in Ohio With the Acquisition of Ohio Based Camco Financial" (Press release). Huntington Bancshares. October 10, 2013. Archived from the original on April 29, 2018. Retrieved April 28, 2018– via Globe Newswire.
  56. ↑ Weese, Evan (February 26, 2014). "Huntington-Camco deal to close March 1". Columbus Business First. Archived from the original on March 9, 2014. Retrieved April 28, 2018.
  57. ↑ Nemeroff, Evan (March 5, 2014). "Huntington Completes Camco Deal, Consolidates Branches". American Banker . Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  58. ↑ "Huntington Bancshares Expands in Michigan with the Finalization of Its Acquisition of 24 Bank of America Branches" (Press release). Huntington Bancshares. September 16, 2014. Archived from the original on April 29, 2018. Retrieved April 28, 2018– via Business Wire.
  59. ↑ Weese, Evan (September 16, 2014). "Huntington puts its stamp on Bank of America branches in Michigan". Columbus Business First. Archived from the original on April 8, 2015. Retrieved April 28, 2018.
  60. ↑ Dresden, Eric (May 14, 2014). "Huntington Bank buys 13 branches to Flint-area, Monroe, Muskegon in $500 million deal". The Flint Journal . Archived from the original on July 31, 2014. Retrieved September 17, 2014.
  61. ↑ "Huntington Bancshares Finalizes Acquisition of Macquarie Equipment Finance, Inc" (Press release). Huntington Bancshares. April 1, 2015. Archived from the original on December 15, 2015. Retrieved January 30, 2016– via Business Wire.
  62. ↑ Chen, Angela; Steinberg, Julie (February 24, 2015). "Huntington to Buy Macquarie Equipment Finance" . The Wall Street Journal. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  63. ↑ Weese, Evan (May 7, 2015). "Huntington paid $458M for Macquarie Equipment, filing shows". Columbus Business First. Archived from the original on October 2, 2022. Retrieved April 28, 2018.
  64. ↑ Lin-Fisher, Betty (January 25, 2016). "Huntington to acquire Akron-based FirstMerit". Akron Beacon Journal . Archived from the original on January 27, 2016. Retrieved January 27, 2016.
  65. ↑ Nobile, Jeremy (July 27, 2016). "First Commonwealth Bank to acquire 13 branches divested in Huntington, FirstMerit merger". Crain's Cleveland Business.
  66. ↑ Mark, Williams (March 11, 2016). "Huntington to close 107 offices as part of FirstMerit acquisition". The Columbus Dispatch. Archived from the original on August 22, 2016. Retrieved August 21, 2016.
  67. ↑ Mark, Williams (August 16, 2016). "Huntington closes FirstMerit deal". The Columbus Dispatch. Archived from the original on August 22, 2016. Retrieved August 21, 2016.
  68. ↑ Murray, Teresa Dixon (January 26, 2016). "Huntington's purchase of FirstMerit will mean branch closures, job loss". The Plain Dealer. Cleveland. Archived from the original on July 24, 2016. Retrieved November 4, 2016.
  69. ↑ "Huntington expanding to Philadelphia" . American City Business Journals . October 28, 2020.
  70. ↑ "Huntington Bancshares And TCF Financial Corporation Announce Merger To Create Top 10 U.S. Regional Bank" (Press release). PR Newswire. December 13, 2020. Archived from the original on December 14, 2020.
  71. ↑ Rendl, J C (January 26, 2021). "Huntington, TCF to close 198 branches for planned merger". Detroit Free Press . Archived from the original on February 1, 2021. Retrieved January 27, 2021– via The Holland Sentinel.
  72. ↑ Reindl, J C (May 25, 2021). "Justice Department forces Huntington, TCF to sell 13 bank branches for merger". Detroit Free Press. Retrieved May 26, 2021.
  73. 1 2 Ramirex, Charles (June 9, 2021). "Huntington Bank-TCF's $22B all-stock merger completed". The Detroit News . Archived from the original on October 28, 2021. Retrieved June 9, 2021.
  74. ↑ Manes, Nick (December 13, 2020). "Huntington to acquire TCF Bank in $22 billion deal". Crain's Detroit Business. Archived from the original on December 14, 2020. Retrieved December 14, 2020.
  75. ↑ Reindl, JC (September 21, 2022). "New Huntington Tower in downtown Detroit officially opens". Detroit Free Press. Retrieved November 6, 2022.
  76. ↑ Turner, Grace (July 25, 2018). "Chemical Bank Moves its Headquarters to Downtown Detroit, Plans to Build 20-story Office Tower". D Business Daily News. Archived from the original on June 9, 2021. Retrieved June 9, 2021.
  77. ↑ Tompor, Susan (December 13, 2020). "Huntington and TCF Financial to merge in $22 billion deal". Detroit Free Press . Retrieved June 9, 2021.
  78. ↑ "Huntington Bancshares completes acquisition of Capstone Partners" (Press release). PR Newswire. June 16, 2022.
  79. ↑ "Capstone Partners' Merger with Huntington National Bank Named "Middle Market M&A Deal of the Year"" (Press release). Capstone Partners. February 14, 2023.
  80. ↑ Zapata, Maricor (June 16, 2022). "Huntington Bancshares completes acquisition of Capstone Partners". S&P Global .
  81. ↑ Williams, Mark (March 1, 2022). "Huntington buys Capstone Partners to expand investment banking, advisory services". The Columbus Dispatch .
  82. ↑ "Huntington has invested $100M in VC funds, tech startups" . American City Business Journals . September 15, 2023.
  83. ↑ "Huntington Preferred Capital, Inc. 2017 Form 10-K Annual Report". U.S. Securities and Exchange Commission. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  84. ↑ Murray, Teresa Dixon (January 11, 2012). "Huntington Bank discovers original checks signed by Lincoln, Washington, Edison, Twain and others". The Plain Dealer . Archived from the original on January 13, 2012.
  85. ↑ "Check Lincoln wrote day before assassination is found". Daily Herald . Associated Press. January 14, 2012. Archived from the original on April 29, 2018.
  86. ↑ "Cached at Huntington: Lincoln's Last-Known Check" . The Wall Street Journal. November 26, 2011. Archived from the original on October 6, 2016.
  87. ↑ Vellequette, Larry (April 16, 2010). "Downtown Toledo arena gets a new name; bank agrees to purchase rights for $2.1 million". The Blade . Toledo. Archived from the original on September 30, 2012. Retrieved November 14, 2012.
  88. ↑ Murray, Teresa Dixon (April 6, 2016). "Huntington Bank buys early naming rights to Cleveland Convention Center before RNC". The Plain Dealer. Cleveland. Archived from the original on April 29, 2018. Retrieved April 28, 2018.
  89. ↑ Weese, Evan (April 6, 2016). "Huntington lands big naming rights deal in Cleveland ahead of GOP convention". Columbus Business First. Archived from the original on October 2, 2022. Retrieved April 28, 2018.
  90. ↑ Ramirez, Charles E. (December 9, 2021). "Detroit's TCF Center changes name to Huntington Place". The Detroit News. Archived from the original on December 10, 2021. Retrieved December 27, 2021.
  91. ↑ "Browns and Huntington Bank announce 20-year partnership that includes stadium naming rights". www.clevelandbrowns.com. Retrieved September 3, 2024.

Further reading

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.