About
Huntington Bank is a regional bank based in Columbus, Ohio. It is one of the largest banks in the Midwest, with a presence in several states including Ohio, Michigan, Indiana, Pennsylvania, and West Virginia.
Huntington Bank offers a wide range of personal and business banking services, including checking and savings accounts, loans, mortgages, credit cards, and investment products. The bank also provides wealth management and insurance services.
Huntington Bank is known for its commitment to community development and has received recognition for its philanthropic efforts. The bank has a strong reputation for customer service, with a focus on providing personalized banking solutions to meet the unique needs of its customers.
Distinguishing Features
Huntington Bank has several distinctive features that set it apart from other banks, including:
- Community Focus. Huntington Bank has a strong commitment to supporting its local communities, with various programs and initiatives aimed at community development.
- Personalized Service. The bank has a focus on providing personalized banking solutions to meet the unique needs of its customers.
- Mobile Banking. Huntington Bank offers the mobile banking app that provides customers with the ability to manage their accounts and perform transactions from their mobile devices.
- Investment Services. The bank provides a range of investment products, including mutual funds, IRAs, and annuities, making it a one-stop-shop for all financial needs.
- Wealth Management. Huntington Bank offers wealth management services, including financial planning, investment management, and trust services, which are not commonly offered by regional banks.
- Insurance Services. The bank provides insurance services, including life insurance, home and auto insurance, and retirement planning, which can be convenient for customers looking for a single provider for their financial needs.
- ATM Network. Huntington Bank has a large network of ATMs, making it easy for customers to access their cash.
- Student-focused Services. The bank offers specialized services and products for students, including student checking accounts and student loans.
- Business Services. Huntington Bank provides a wide range of business banking services, including business checking and savings accounts, business loans, and investment services.
Pros and cons
Pros
- Personalized Service. The bank has a focus on providing personalized banking solutions to meet the unique needs of its customers.
- Community Involvement. Huntington Bank is committed to supporting its local communities, with various programs and initiatives aimed at community development.
- Mobile and Online Banking. The bank provides a robust mobile banking app and online banking platform, making it easy for customers to manage their accounts and perform transactions from anywhere.
- Investment Services. Huntington Bank offers a range of investment products, making it a one-stop-shop for all financial needs.
- Wealth Management services. The bank provides wealth management services, including financial planning, investment management, and trust services.
- Insurance Services. Huntington Bank provides insurance services, including life insurance, home and auto insurance, and retirement planning.
- Business Services. Huntington Bank provides a wide range of business banking services, making it a good choice for small businesses.
Cons
- Limited Geographical Presence. Huntington Bank is primarily focused on the Midwest, and may not have branches or ATMs in other regions.
- Lower Interest Rates on Savings Accounts. Some customers have reported lower interest rates on savings accounts compared to other banks.
- Limited Product Offerings. Huntington Bank's product offerings may be limited compared to larger, national banks.
- Higher Fees. Some customers have reported higher fees for certain services, such as overdraft protection.
- Reduced Branch Accessibility. Due to the COVID-19 pandemic, some Huntington Bank branches may be temporarily closed or have reduced hours, making it difficult for customers to access in-person services.
Requirements
Huntington Bank has specific requirements for opening a personal or business account, including:
- Personal Accounts. To open a personal account, customers must provide a valid government-issued ID, such as a driver's license or passport, and proof of residency, such as a utility bill. Customers may also be required to provide a minimum deposit to open an account.
- Business Accounts. To open a business account, customers must provide documentation to verify their business, such as articles of incorporation, business tax ID number, and ownership information. Customers may also be required to provide a minimum deposit to open the account.
- Age Requirement. Customers must be 18 years or older to open an account at Huntington Bank.
- ChexSystems. Huntington Bank may run a credit check through ChexSystems, which is a consumer reporting agency that provides information on banking history. If a customer has a negative history with ChexSystems, they may be declined for an account.
- Identity Verification. Huntington Bank may verify the customer's identity using various methods, such as electronic verification or manual review.
It is important to note that these requirements may vary based on the type of account and the specific branch location. Customers should contact Huntington Bank for specific information about the requirements for opening an account.
Access on the Go
Huntington Bank offers a mobile app called "Huntington Mobile" that allows customers to access their accounts on the go. Some key features of the app include:
- Account Management. Customers can view account balances, transactions, and statements, as well as transfer funds between accounts.
- Mobile Deposit. Customers can deposit checks using their mobile device, with the ability to deposit checks 24/7.
- Bill Pay. Customers can pay bills directly from their mobile device, with the ability to set up recurring payments.
- ATM and Branch Locator. Customers can find the nearest Huntington Bank ATM or branch using the app's GPS-enabled locator.
- Push Notifications. Customers can receive real-time alerts and notifications for account activity, such as deposits, withdrawals, and overdrafts.
- Secure Access. The app uses multiple layers of security, including a secure login and password, to protect customer information and transactions.
Huntington Bank's mobile app is available for free on both the App Store and Google Play Store. Customers can download the app and log in using their online banking credentials.
Huntington Bank products
Huntington Bank offers a range of banking products and services for personal and business customers, including:
- Checking Accounts. Huntington Bank offers a variety of checking account options, including basic checking, interest checking, and tiered interest checking.
- Savings Accounts. The bank offers savings accounts with competitive interest rates and the option to set up automatic transfers.
- Credit Cards. Customers can get credit cards with various rewards and benefits, including cash back, travel rewards, and more.
- Mortgages. Huntington Bank offers a range of mortgage options, including fixed-rate and adjustable-rate mortgages, as well as jumbo loans and home equity loans.
- Personal Loans. The bank issues personal loans for a variety of purposes, including debt consolidation, home improvement, and more.
- Business Banking. Huntington Bank ptovides a range of business banking services, including business checking, merchant services, and business loans.
- Investments. Huntington Bank offers investment products, including individual retirement accounts (IRAs), mutual funds, and more.
- Insurance. The bank has insurance products, including life insurance, health insurance, and more.
Customers can find more information about Huntington Bank's products and services on the bank's website, or by visiting a local branch. It is important to review and compare the terms and conditions of different products and services before making a decision.
Which associations the Huntington Bank belongs to?
Huntington Bancshares Incorporated, the parent company of Huntington Bank, is a member of the following associations:
- Federal Reserve System. Huntington Bank is a member of the Federal Reserve System, which provides financial services to the U.S. government and acts as a regulator for the banking industry.
- FDIC. The bank is insured by the Federal Deposit Insurance Corporation (FDIC), which provides insurance to depositors in the event that a bank fails.
- Ohio Bankers League. Huntington Bank is a member of the Ohio Bankers League, a trade association that represents banks in Ohio and advocates for the banking industry.
- Financial Services Roundtable. Huntington Bancshares Incorporated is a member of the Financial Services Roundtable, a trade association that represents the largest financial services companies in the U.S.
- Cleveland Better Business Bureau. The bank is a member of the Cleveland Better Business Bureau, which provides information and resources for consumers and businesses in the Cleveland area.
- Ohio Chamber of Commerce. Huntington Bancshares Incorporated is a member of the Ohio Chamber of Commerce, which promotes economic growth and development in Ohio.
Being a member of these associations indicates that Huntington Bank adheres to certain standards and regulations, and provides certain protections to its customers. However, it is always important to review and compare the terms and conditions of different banks before making a decision.
Bank Reliability
In terms of safety and security, Huntington Bank is a member of the Federal Deposit Insurance Corporation (FDIC), which provides insurance for deposits up to $250,000 per account in the event of a bank failure. This helps to ensure that customers' funds are protected and accessible even in the event of a bank crisis.
In addition, Huntington Bank has implemented security measures to protect customers' financial information and prevent fraud. These measures include secure online banking, mobile banking, and 24/7 fraud monitoring.
Overall, Huntington Bank has a strong reputation for reliability and stability, and has taken the necessary steps to protect customers' funds and financial information.
Huntington Bank vs Chase Bank
Huntington Bank and Chase Bank are both large financial institutions that offer a range of banking products and services. However, there are some key differences between the two banks that may impact which one is a better fit for you. Here are some of the key factors to consider when comparing Huntington Bank and Chase Bank:
- Location. Chase Bank has a larger network of branches and ATMs, with a presence in several states, while Huntington Bank primarily operates in the Midwest region. If you need access to a physical branch or ATM, you may want to consider Chase Bank if you're not located in the Midwest.
- Product Offerings. Both banks offer a range of products and services, including checking and savings accounts, mortgages, and credit cards. However, Chase Bank offers a wider range of investment and wealth management services, while Huntington Bank specializes in providing small business and commercial banking services.
- Fees and Charges. Both banks charge fees for certain products and services, such as overdrafts and account maintenance. It's important to review the fee schedule of each bank and compare the costs of different products and services to determine which bank offers the best value for your specific needs.
- Customer Service. Both banks have a reputation for providing good customer service, but you may want to review customer reviews and compare their hours of operation, responsiveness, and convenience to determine which bank has better customer service for your needs.
- Technology. Both banks offer online and mobile banking services, but you may want to compare the features, functionality, and security of each bank's technology to determine which bank is a better fit for your needs.
In conclusion, both Huntington Bank and Chase Bank have their own strengths and weaknesses, and the best bank for you will depend on your specific needs and financial situation. It's important to compare the terms and conditions of each bank, and review the factors listed above, to determine which bank is a better fit for you.
Huntington Bank vs KeyBank
Huntington Bank and KeyBank are both large financial institutions that offer a range of banking products and services. However, there are some key differences between the two banks that may impact which one is a better fit for you. Here are some of the key factors to consider when comparing Huntington Bank and KeyBank:
- Location. KeyBank has a larger network of branches and ATMs, with a presence in several states, while Huntington Bank primarily operates in the Midwest region. If you need access to a physical branch or ATM, you may want to consider KeyBank if you're not located in the Midwest.
- Product Offerings. Both banks offer a range of products and services, including checking and savings accounts, mortgages, and credit cards. However, KeyBank offers a wider range of investment and wealth management services, while Huntington Bank specializes in providing small business and commercial banking services.
- Fees and Charges. Both banks charge fees for certain products and services, such as overdrafts and account maintenance. It's important to review the fee schedule of each bank and compare the costs of different products and services to determine which bank offers the best value for your specific needs.
- Customer Service. Both banks have a reputation for providing good customer service, but you may want to review customer reviews and compare their hours of operation, responsiveness, and convenience to determine which bank has better customer service for your needs.
- Technology. Both banks offer online and mobile banking services, but you may want to compare the features, functionality, and security of each bank's technology to determine which bank is a better fit for your needs.
In conclusion, both Huntington Bank and KeyBank have their own strengths and weaknesses, and the best bank for you will depend on your specific needs and financial situation. It's important to compare the terms and conditions of each bank, and review the factors listed above, to determine which bank is a better fit for you.
Huntington Bank vs PNC Bank
Huntington Bank and PNC Bank are both large financial institutions that offer a range of banking products and services. However, there are some key differences between the two banks that may impact which one is a better fit for you. Here are some of the key factors to consider when comparing Huntington Bank and PNC Bank:
- Location. PNC Bank has a larger network of branches and ATMs, with a presence in several states, while Huntington Bank primarily operates in the Midwest region. If you need access to a physical branch or ATM, you may want to consider PNC Bank if you're not located in the Midwest.
- Product Offerings. Both banks offer a range of products and services, including checking and savings accounts, mortgages, and credit cards. However, PNC Bank offers a wider range of investment and wealth management services, while Huntington Bank specializes in providing small business and commercial banking services.
- Fees and Charges. Both banks charge fees for certain products and services, such as overdrafts and account maintenance. It's important to review the fee schedule of each bank and compare the costs of different products and services to determine which bank offers the best value for your specific needs.
- Customer Service. Both banks have a reputation for providing good customer service, but you may want to review customer reviews and compare their hours of operation, responsiveness, and convenience to determine which bank has better customer service for your needs.
- Technology. Both banks offer online and mobile banking services, but you may want to compare the features, functionality, and security of each bank's technology to determine which bank is a better fit for your needs.
In conclusion, both Huntington Bank and PNC Bank have their own strengths and weaknesses, and the best bank for you will depend on your specific needs and financial situation. It's important to compare the terms and conditions of each bank, and review the factors listed above, to determine which bank is a better fit for you.
