Huntington’s 2015 Meijer location opening plans
will grow the bank’s Michigan branch network to third-largest in
the state moving up two slots from the fifth largest
Huntington Bank announced today that its planned 2015 opening of
43 full-service branches in Michigan Meijer stores will add
approximately 250 jobs throughout the state, bringing the number of
jobs Huntington has added over five years in Michigan to 700 for a
total of 2,300 Huntington employees in the state. Only last month
Huntington announced the signing of a definitive agreement to
purchase Michigan-based Macquarie Equipment Finance, Inc. and bring
on more than 165 of its employees.
Huntington’s current expansion in Michigan will give the state
more than 220 Huntington branches and rank the bank No. 3 in
branches up from No. 5 in the state, according to Federal Deposit
Insurance Corporation data.
“Huntington Bank’s continued commitment to job growth in
Michigan has been important to our state’s economic comeback,” said
Michigan Gov. Rick Snyder. “Both Huntington and Meijer have been
standout community leaders throughout Michigan and it is exciting
to see this great partnership expand. This expansion is another
great example of our state’s momentum, strong economic climate, and
demonstrates that Michigan is an ideal place to invest and grow a
business.”
“Huntington has consistently focused on growing in Michigan.
That’s why we continue to increase our Michigan branch network,
bringing with it more jobs,” said John Irwin, Grand Rapids-based
president of Huntington’s West Michigan region. “Our in-store
branches are an important part of our strategy to give customers
added convenience seven days a week. Our investment in these
additional in-store branches further expands our statewide
presence.”
“Our in-store branches are unique in that they are not just
access points but full-service banking locations with extended
hours, seven days a week,” said Mike Fezzey, Troy-based president
of Huntington’s East Michigan region. “As such, we will be hiring
highly capable bankers to service our customers’ needs. Huntington
has been a valuable statewide employer for years, and we look
forward to continuing to hire great Michigan people and connecting
them to our growing customer base.”
Huntington’s commitment to offering a full-service in-store
banking model that integrates with the traditional branch network
is a significant contributor to the bank’s ongoing performance as a
market leader attracting new customers. While in 2014 just 18
percent of Huntington’s branch network was composed of in-store
locations, one in four new consumer household relationships were
initiated at an in-store branch.
Unlike many other in-store branches, Huntington’s updated Meijer
in-store design, which can be viewed on Huntington’s YouTube
channel here or downloaded for broadcast here, increases private
meeting space with two sit-down offices for confidential customer
discussions. It also includes 24-hour access ATMs that welcome
customers into the branch even outside of operating hours. All of
Huntington’s Meijer branches are open seven days a week and offer
banking services including mortgages, consumer and business loans
and deposit accounts, and credit cards. Extended hours give Meijer
shoppers the added convenience of banking in the evening and on the
weekends.
Huntington’s 43 new Meijer in-stores will cover several
locations, including: Allen Park, Alpena, Ann Arbor, Auburn Hills,
Battle Creek, Canton, Clinton Township, Davison, Detroit, DeWitt,
Fort Gratiot, Fraser, Grand Haven, Grand Rapids, Grandville,
Greenville, Howell, Ionia, Jenison, Lapeer, Lowell, Madison
Heights, Muskegon, Northville, Oxford, Portage, Rochester Hills,
Saginaw, Southgate, Sterling Heights, Taylor, Traverse City,
Warren, Waterford, Westland, White Lake, Williamsburg, Wixom,
Woodhaven, and Wyoming.
Today’s announcement is the sixth major commitment Huntington
has made to Michigan in the last five years. They include:
- In 2011 Huntington made $2 billion in
lending available to Michigan commercial and small businesses,
working with the Michigan Economic Development Corporation
(MEDC).
- In 2012 Huntington announced a $100
million statewide commitment to affordable housing investment.
- In 2013 Huntington helped launch the
Pure Michigan Micro Lending Initiative.
- In 2014 Huntington added 22 branch
locations expanding into new markets in Mid- and East Michigan
including Saginaw, Bay City, Midland and Monroe.
- In February 2015, Huntington announced
the signing of a definitive agreement to purchase Bloomfield Hills,
Michigan-based Macquarie Equipment Finance, Inc. With approximately
$500 million of annual originations, MEF-US is the largest
standalone, vendor independent provider of specialized technology
financing with customer-centric asset management services in the
United States.
Huntington also offers unique products including new
interest-bearing accounts such as Huntington 5 Checking™ and
Huntington 25 Checking™, which come with 24-Hour Grace® providing
the opportunity to avoid overdraft fees. Huntington’s Voice Credit
Card® comes with Late Fee Grace™1 and the ability to choose
between rewards or a lower purchase APR.2 Customers can also access
their accounts on the go with Huntington Mobile Deposit and Quick
Balance, and make purchases with their Huntington debit or credit
card by using Apple Pay™.
For more information on Huntington products and services,
customers can call 1-800-480-BANK (2265) or visit
www.huntington.com.
About Huntington
Huntington Bancshares Incorporated (NASDAQ: HBAN) is a $66
billion asset regional bank holding company headquartered in
Columbus, Ohio. The Huntington National Bank, founded in 1866, and
its affiliates provide full-service commercial, small business, and
consumer banking services; mortgage banking services; treasury
management and foreign exchange services; equipment leasing; wealth
and investment management services; trust services; brokerage
services; customized insurance brokerage and service programs; and
other financial products and services. The principal markets
for these services are Huntington’s six-state retail banking
franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia,
and Kentucky. The primary distribution channels include a banking
network of more than 700 traditional branches and convenience
branches located in grocery stores and retirement centers, and
through an array of alternative distribution channels including
internet and mobile banking, telephone banking, and more than 1,500
ATMs. Through automotive dealership relationships within its
six-state retail banking franchise area and selected other Midwest
and Northeast states, Huntington also provides commercial banking
services to the automotive dealers and retail automobile financing
for dealer customers.
1With Late Fee GraceTM the Bank must receive the required
minimum payment by the day after the due date listed on the monthly
billing statement in order to avoid a late charge. Regular payment
cutoff times apply. Cutoff times vary by payment channel (via mail,
in-branch, telephone, and Internet.)
2The Voice Credit Card lets you choose between the option to
earn rewards or get a 3% lower purchase APR instead of rewards.
Apple and iPhone are registered trademarks of Apple Inc.,
registered in the U.S. and other countries. Apple PayTM is a
trademark of Apple Inc.
Member FDIC. The logo mark, Huntington® ,24-Hour Grace® and
Voice Credit Card® are federally registered service marks of
Huntington Bancshares Incorporated. Huntington 5 CheckingTM
,Huntington 5 CheckingTM and Late Fee GraceTM are federally
registered service marks of Huntington Bancshares Incorporated. The
24-Hour Grace® system and method are patented: US Pat. No.
8,364,581.
Huntington Bancshares IncorporatedBrent Wilder,
614-480-5875brent.wilder@huntington.comorMaureen Brown,
614-480-5512maureen.brown@huntington.com
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