Huntington Bancshares Inc., rated as the 24th largest American bank, is headquartered in Columbus, Ohio with assets totalling $53 billion. As of October 22, 2008, it was listed on the S&P 500. It is ranked number 610 on the 2008 Fortune 1000.
Type – Public (NASDAQ: HBAN)
Founded – 1866 , P.W. Huntington
Headquarters – Columbus, Ohio
Key people – Stephen D. Steinour, Chairman, President and CEO (2009)
Industry – Finance and Insurance
Products – Banking
Revenue – 3,702,830 (2008)
Employees – 10,194
Website – huntington.com
The company’s banking affiliate, The Huntington National Bank, provides retail and commercial financial services in Indiana, Kentucky, Michigan, Ohio, Pennsylvania, and West Virginia. Huntington also provides retail services online. There also are selected financial service activities in other states, including offices in Florida, Cayman Islands, and Hong Kong.
On October 3, 2009, the FDIC named Huntington as receiver of a $400 million deposit portfolio from the bank failure of Warren Bank in Warren, Michigan.
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.
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