In 2023, Huntington Financial institution introduced plans to shut roughly 85 branches by 2025. This determination is a part of the financial institution’s ongoing technique to optimize its department community and give attention to digital banking companies.
The closures will impression branches in a number of states, together with Ohio, Michigan, Pennsylvania, and Illinois. Huntington Financial institution cited a number of elements for the closures, together with altering buyer conduct, the rise of digital banking, and the necessity to cut back working prices. The financial institution emphasised that it stays dedicated to serving its clients and can proceed to spend money on its digital banking platform and different channels.