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Displaying items by tag: Huntington Bancshares Inc

Sunday, 08 May 2022 18:00

Industrial, multifamily residential remain ‘darlings’ for commercial real estate lending

Lending to the commercial real estate sector remained strong through the first quarter, particularly for manufacturing and multifamily residential developments.

Published in Finance
Monday, 02 May 2022 17:55

Huntington Bank CEO ‘very bullish’ on regional economy as company integrates TCF

Huntington Bancshares Inc.’s acquisition last year of Detroit-based TCF Financial Corp. created the second-largest bank operating in Michigan for deposit market share and with more branch offices than any other bank. The Columbus, Ohio-based Huntington, which also now ranks among the 20 largest banks in the U.S., has since worked to integrate TCF.

Published in Finance
Sunday, 24 April 2022 18:49

MiBiz Growth Report: April 25, 2022

Here is the MiBiz Growth Report for April 11, 2022.

Published in Economic Development

Sunday, 19 December 2021 17:50

Bank M&A expected to surge next year after pandemic lull

The new year could bring a continued acceleration of M&A in the banking industry.

Published in Finance
Sunday, 18 July 2021 17:46

Retaining clients, talent top priorities for Huntington execs after TCF merger

The $22 billion merger with TCF Financial Corp. brought new leadership for Huntington Bancshares Inc. in West Michigan that’s focused on retaining talent and customers while executing a massive corporate pledge to small businesses and underserved markets.

Published in Finance
Sunday, 06 June 2021 17:15

Branch acquisitions to expand Horizon Bank’s Michigan reach

Buying 14 offices in the central and northern Lower Peninsula from TCF Bank provides a broader stage for Horizon Bancorp Inc.’s further expansion in Michigan.

Published in Finance

Sunday, 28 February 2021 17:00

Huntington, TCF merger could mean opportunities for competitors

While Huntington Bancshares Inc. and TCF Financial Corp. executives say a planned merger between the two companies will create a Midwest banking powerhouse, some experts view it as an opportunity for competitors to gain both business and talent.

Published in Finance
Monday, 25 January 2021 12:52

Huntington Bank to close 97 in-store branches at Meijer locations as part of TCF acquisition

Huntington Bancshares Inc. intends to close 198 branch offices — about half of which are based in Meijer Inc. stores in Michigan — after completing the proposed $22 billion acquisition of Detroit-based TCF Financial Corp.

Published in Finance
Sunday, 17 January 2021 18:40

Sturgis Bank raises $15 million to continue Southwest Michigan expansion

The $15 million Sturgis Bancorp Inc. raised through a debt offering will go to support further growth across Southwestern Michigan.

Published in Finance

Sunday, 13 September 2020 13:24

MiBiz Growth Report: September 13, 2020

This is the MiBiz growth report for September 13, 2020.

Published in Economic Development
Wednesday, 02 September 2020 15:20

Huntington announces $5 billion lending and investment plan in Michigan

Huntington Bancshares Inc. has pledged to lend and invest $5 billion in Michigan over five years to support financial opportunities for businesses, consumers and community organizations.

Published in Finance
Saturday, 14 September 2019 20:11

MiBiz Growth Report: September 14, 2019

Here is the growth report for September 14, 2019.

Published in Economic Development

Friday, 06 September 2019 11:40

Investor sells Pi Optima Manufacturing to current executive

Pi Optima Manufacturing Inc., a Zeeland-based machine shop that supplies the aerospace and automotive industries, is under new ownership. 

Published in Manufacturing
Monday, 15 May 2017 09:44

Huntington to layoff 129 workers in Holland

Huntington Bancshares Inc. will layoff 129 workers in Holland to improve operational efficiencies following its acquisition of FirstMerit Corp. in 2016.

Published in Breaking News
Sunday, 08 January 2017 17:07

Banking industry remains conducive to more M&A in 2017

Mergers and acquisitions within the banking industry are expected to maintain a steady pace in the new year.

Published in Finance

Sunday, 10 July 2016 13:35

Two Michigan bank deals move ahead

Two large bank mergers affecting the Michigan market are progressing, with one securing shareholder approval and another awaiting a vote in the coming weeks.

Published in Finance
Wednesday, 16 March 2016 13:22

Huntington to close three FirstMerit Bank branches in West Michigan, 31 statewide

FirstMerit Bank branches in Grand Haven, Muskegon and Portage will close following the proposed $3.4 billion merger into Huntington Bancshares Inc.

Published in Breaking News
Sunday, 07 February 2016 22:06

Chemical, Huntington acquisitions signal renewed momentum in M&A market

A pair of deals would give Chemical Financial Corp. and Huntington Bancshares Inc. larger footprints in Michigan and could renew the momentum for bank M&A in the state.

Published in Finance

Tuesday, 26 January 2016 08:59

Chemical Financial to acquire Talmer Bancorp in $1.1 billion deal; Huntington Bank to buy FirstMerit for $3.4 billion

Chemical Financial Corp. plans to acquire Talmer Bancorp Inc. in a $1.1 billion deal that will create one of the largest banks in the Midwest.

Published in Breaking News