Www.huntington Bank (2024)

FAQs

Why are so many Huntington banks closing? ›

Huntington, which is headquartered in Columbus, said in its presentation to investors that it would consolidate its branch footprint in an effort to cut expenses. The 34 locations, scheduled to close in the first three months of 2024, represent about 3% of Huntington's branches.

Under our standard overdraft practices: We will charge you a fee of up to $15.00 each time we pay an overdraft, up to a limit of three (3) fees per day, and we will not charge the fee unless your account is overdrawn by more than $50.

The bank systematically evaluates your ability to overdraft based on a variety of factors such as tenure, deposit frequency, overdraft history, bankruptcy history, etc. The bank pays overdrafts at our discretion and does not guarantee that we will always authorize and pay any type of transaction.

Financial Info

On November 17, 2023, DBRS Morningstar confirmed The Huntington National Bank's rating at A (high) and outlook remains stable.

HUNTINGTON BANCSHARES AND TCF FINANCIAL CORPORATION ANNOUNCE MERGER TO CREATE TOP 10 U.S. REGIONAL BANK.

Overdrafting your bank account and not paying what you owe could result in some negative consequences, like racking up even more fees, having your account closed, the debt going to collections, and difficulty opening a new bank account.

If your checking account is not enrolled in Debit Card Overdraft Service and you don't have enough available money in your checking account or in accounts linked for Overdraft Protection, ATM and everyday (one-time) debit card transactions will be declined at the time of the transaction.

A locked bank account means you can't withdraw or access your cash. Whatever the reason, a frozen bank account can lead to frustration and worry.

Does Huntington bank offer free credit scores? ›

Huntington Perks Checking^®, Huntington Platinum Perks Checking^®, and Huntington SmartInvest Checking^® customers who enroll will receive credit monitoring services—at no added cost. View your credit score at any time and learn what impacts your score, as well as insights that may help you improve your score.

When your account is blocked it means you can't make any purchases using your debit card. It also means any direct debits or standing orders will not get processed. Access to your funds will also be blocked therefore, you can't withdraw cash out at ATM or Post Office and you can't make any payment transfers.

As a Huntington customer, if you accidentally overdraw your account by $50 or less, you won't be charged an overdraft fee thanks to our $50 Safety Zone^†.

Thankfully, many local and online banks let you overdraft right away, which means they'll cover your transactions if you don't have enough available money in your account.

Huntington Bank is expected to close more than two dozen branches across the Midwest in early 2024, with nine of them being in Michigan, the Daily Mail reports.

Profound technological changes, and the ease with which customers can access their accounts digitally means that our physical branch network is experiencing a sustained fall in demand. In fact, the majority of our customers (74 percent) now choose to interact with us via telephone, online, or mobile banking.

Huntington National Bank provides a solid customer satisfaction experience, and its checking accounts come with a variety of perks. It does have a few drawbacks, such as stricter eligibility requirements for certain rates and a limited branch footprint of 11 states.

Other issues contributed to bank failures, too. A lack of government intervention and insufficient regulation also played an important factor in bank collapses during this period. Banking customers were negatively impacted during the bank failures because they lost their money if their bank shut down.