In 2023, Huntington Financial institution introduced plans to shut roughly 85 branches by 2025. This choice is a part of the financial institution’s ongoing technique to optimize its department community and concentrate on digital banking providers.
The closures will influence 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 scale back working prices. The financial institution emphasised that it stays dedicated to serving its prospects and can proceed to spend money on its digital banking platform and different channels.
