Huntington Bank (NASDAQ: HBAN:www.huntington.com)
will open two branches in Detroit and one in Pontiac this fall as part
of its ongoing investment in Michigan.
The announcement was made today at a news conference by Huntington’s
Southeast Michigan President Michael Fezzey and Mayor Dave Bing. They
were joined by Compuware CEO Peter Karmanos, Wayne County Executive
Robert Ficano, and Dave Blasciewicz, president of Invest Detroit and
president and CEO of the Downtown Detroit Partnership.
Fezzey also announced today that Huntington will donate $5,000 to the
Downtown Detroit Partnership to benefit Campus Martius Park as another
sign of its commitment to the city of Detroit. Today’s announcement was
held at the Compuware Building in Campus Martius where the first new
branch will open on Oct. 31. Community leaders and elected officials
from Southeast Michigan also joined today’s announcement.
"Huntington believes in Detroit’s future and leadership,” said Fezzey, a
Detroit native, who has been active in the Detroit community for 30
years. "Huntington has been dynamically investing in and growing our
business in Southeast Michigan. We look to the future for further
expansion by providing our customers with more convenience and
innovative products. We see many opportunities in Detroit and look
forward to further investment in the city.”
In addition to the Campus Martius branch, Huntington will open a branch
at 1821 N. Perry Street on Dec. 5 and one in the Glory Supermarket at
8000 W. Outer Drive in Detroit also on Dec. 5. The new branches will
bring the number of Huntington branches in the Southeast Michigan to 52.
"We are thrilled that Huntington Bank is making this commitment and
recognizing that Detroit is a great place to invest," said Mayor Dave
Bing. "We need the support of our lending institutions to help small
businesses create jobs and strengthen our neighborhoods. Huntington Bank
is an important partner in this effort."
In June, Huntington announced a groundbreaking public-private lending
partnership with the state of Michigan and the Michigan Economic
Development Corporation (MEDC) by committing $2 billion in commercial
and small business lending throughout the state. The four-year
commitment is aimed at generating jobs and attracting businesses to
Michigan. Huntington is the first Michigan bank to enter into this
partnership.
Huntington’s expertise in small business lending has made it the No. 1
SBA lender in Michigan and the 3rd largest SBA lender in the country.
For more information about Huntington, visit www.Huntington.com.
About Huntington
Huntington Bancshares Incorporated is a $53 billion regional bank
holding company headquartered in Columbus, Ohio. The Huntington National
Bank, founded in 1866, provides 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
product and services. The principal markets for these services are
Huntington’s six-state banking franchise: Ohio, Michigan, Pennsylvania,
Indiana, West Virginia, and Kentucky. The primary distribution channels
include a banking network of over 600 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 over 1,300 ATMs.
Through automotive dealership relationships within its six-state banking
franchise area and selected New England states, Huntington also provides
commercial banking services to the automotive dealers and retail
automobile financing for dealer customers.
