Huntington Bank is closing 70 branches, including 30 in Ohio

Online Huntington Bank: For upon |Huntington National Bank plans to consolidate its footprint, closing dozens of branches.

The closing is expected to take place early next year, impacting 70 locations across the bank’s footprint. That includes 30 branches in Ohio and two in Columbus at 4975 W. Broad St. and 2290 S. Hamilton Rd.

“Huntington regularly reviews its distribution network to ensure our mix of branches, ATMs, and online and mobile banking meets our customers’ evolving needs,” Emily Smith, a Huntington spokeswoman, said in a statement. “In making these adjustments, branches were reviewed for customer traffic patterns, transaction trends, and proximity to nearby Huntington branch locations.” Online Huntington Bank.

The full list of closings wasn’t immediately available.

The bank expects to place the “vast majority” of employees in these branches into other roles at Huntington. It wasn’t immediately clear how many people work in the affected branches.

“Our priority is to help our customers transition to a new location and to offer more extensive digital and mobile capabilities to meet changing customer channel preferences,” Smith said. “Savings from the branch consolidation will be substantially reinvested in these increasingly used channels.” Online Huntington Bank.

In its second-quarter financial statement in late July, the bank reported $105 billion in assets and a network of 968 branches and 1,831 ATMs across eight states. It reported net income for the quarter was up 31 percent from last year to $355 million. Full-year revenues are expected to increase 5-6 percent this year compared with $4.35 billion in revenue in fiscal 2017. Online Huntington Bank.

The bank says it will maintain the top spot for branch market share and its relative position in branch market share once the consolidation is complete.

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