in Columbus was mostly built in 1925 around an existing building.
20th century P. W. Huntington formed P. W. Huntington & Company in 1866, operating on the northwest corner of
High and
Broad Streets; the site now houses the regional headquarters for rival
U.S. Bancorp. Huntington built its first five-story building in 1878, on the intersection's southwest corner. Four of P. W.'s five sons became partners during the 1890s and early 1900s. The bank was incorporated in 1905 as The Huntington National Bank of Columbus. Huntington died in 1918 shortly after turning the bank over to his sons. Francis Huntington became president and provided active leadership for 14 years. In 1915, the bank received limited trust powers. In 1922, it received full trust powers from the
Federal Reserve System. In 1923, Huntington purchased Columbus-based State Savings Bank & Trust Company and the Hayden-Clinton National Bank of Columbus, swelling its capital base. In 1958, Huntington acquired the Columbus-based The Market Exchange Bank Company. In 1962, it acquired both First National Bank of Grove City and The People's Bank of Canal Winchester. In 1963, it acquired both The Columbus Savings Bank and the Columbus-based The Northern Savings Bank. In 1966, it reorganized as a holding company, Huntington Bancshares Incorporated. In 1967, Huntington Bancshares acquired the
Washington Court House-based The Washington Savings Bank. In 1969, it acquired the
Ashland-based Farmers Bank. In 1970, it also acquired the
Bowling Green-based Bank of Wood County Company, the
Toledo-based Lucas County State Bank, and Lagonda National Bank of Springfield. In 1971, it acquired First National Bank & Trust Company of Lima, The Woodville State Bank, and the
Kent-based Portage National Bank. In 1972, it acquired The First National Bank of Wadsworth and The First National Bank of Kenton, also establishing the first 24-hour, fully automated banking office. In 1973, Alger Savings Bank merged into an affiliate in
Kenton, Ohio. In 1976, The Huntington Mortgage Company formed as a subsidiary of Huntington Bancshares, with The Pickerington Bank merged into the bank. In 1977, Huntington Bancshares acquired The Bellefontaine National Bank, The Central National Bank of London, and the Columbus-based Franklin National Bank. In 1979, a loan production office opened in
Dayton, Ohio. In 1983, the bank acquired
Cleveland-based Union Commerce Bank. In 1997, it acquired First Michigan Bank Corporation of
Holland, Michigan.
21st century In 2002, the company sold its branches in Florida to
SunTrust Banks for $705 million. In 2006, it acquired Unizan Financial. In 2007, the company acquired
Sky Financial Group Inc., based in
Bowling Green, Ohio, which increased its presence in Indiana and Ohio and expanded it into
Western Pennsylvania for the first time. In 2008, the
United States Department of the Treasury invested $1.4 billion in the company as part of the
Troubled Asset Relief Program, and in 2010, the company repaid the Treasury. The U.S. government made a profit of over $144 million from its investment in the company. In 2009, the bank's board of directors named Steve Steinour as president, CEO, and chairman, succeeding Thomas Hoaglan, who retired after eight years in those positions. Huntington bid against
Fifth Third Bank to acquire
National City Corp. branches in the
Pittsburgh region from
PNC Financial Services. The
United States Department of Justice ordered PNC to sell the branches to comply with
United States antitrust law after the
National City acquisition by PNC. PNC sold the overlapping branches to
First Niagara Bank. On October 3, 2009, the
Federal Deposit Insurance Corporation 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. In 2011, three word marks and two icons were placed atop the
200 Public Square building in
Cleveland. The building was constructed in 1985 as the headquarters for formerly the headquarters for
Standard Oil of Ohio (Sohio) and in the early 1990s became
BP Building or BP America Building when the company unified its North American operations under one brand. In March 2012, the bank acquired Dearborn-based Fidelity Bank. In 2012, Huntington was in merger discussions with
Flint, Michigan-based
Citizens Republic Bancorp. Discussions stalled and
FirstMerit purchased Citizens Republic in September 2012. FirstMerit was itself acquired by Huntington in 2016. In the first quarter of 2013, Huntington changed its ATMs to ones that allow customers to make deposits by inserting cash and checks. In 2014, the bank began offering deposits from mobile phones and through online transfers. In March 2014, the company acquired Ohio-based
Camco Financial, holding company for Advantage Bank, for $97 million in stock. In September 2014, the company acquired 24 offices of
Bank of America in
Central Michigan, including the
Port Huron,
Flint, and
Saginaw markets. This raised the number of Huntington branches in Michigan to 173, including over 40 in
Meijer stores. In March 2015, the company acquired Michigan-based Macquarie Equipment Finance, Inc. from
Sydney, Australia-based
Macquarie Group for $458 million. In January 2016, Huntington announced it would purchase
Akron-based
FirstMerit Corporation for $3.4 billion, placing the Huntington word mark on the
FirstMerit Tower in
Akron, Ohio, and making it one of Ohio's largest banks. Due to
Sherman Antitrust Act concerns by the
United States Department of Justice, it sold 11 branches in Canton and two in
Ashtabula to
First Commonwealth Bank. Additionally, 107 branches within 2.5 miles of other Huntington / FirstMerit branches closed. In October 2020, the bank announced expansion plans to
Philadelphia. On December 13, 2020, Huntington announced the acquisition of
Detroit-based
TCF Financial Corporation. As part of the merger, the company also announced it would close 198 branches due to overlap. This included all 97 branches inside
Meijer stores in Michigan. Regulators required the firm to sell 13 branches in Michigan as a condition of approval. Horizon Bank purchased these branches at the end of the third quarter. The merger was completed on June 9, 2021. It resulted in expansion to
Minnesota and
Colorado for the first time. TCF branches were converted in the fourth quarter of 2021. As of 2021, Huntington is the sixth-largest bank in the
Pittsburgh market by deposits. In June 2022, Huntington completed its acquisition of
Capstone Partners, an investment bank and advisory firm based in
Boston. By 2023, the bank had invested $100 million in
venture capital. In July 2025, Huntington Bancshares announced its acquisition of Texas-based lender Veritex Community Bank for $1.9 billion in an all-stock transaction. On 27 October 2025, Huntington Bancshares announced the acquisition of
Cadence Bank for $7.4 billion in an all-stock deal. The transaction is expected to create a bank with assets of $276 billion and deposits of $220 billion. ==Huntington Preferred Capital==