2 star ratingAverage User Rating:
2 star rating based on 9 reviews.

Huntington National Bank

Huntington National Bank Locations
17 South High Street
Columbus, OH 43216
1-800-480-2265
www.huntington.com

FDIC


Huntington National Bank is headquartered in Columbus and is the 5th largest bank in the state of Ohio. It is also the 36th largest bank in the nation. It was established in 1866 and as of December of 2012, it had grown to 10,780 employees at 755 locations. Huntington National Bank has a 4-star health rating.

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$100 Checking Account Bonus at Huntington Bank in Some States - 2/22/2011

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2010




See Rates for: Checking | Savings | Money Market | CD

Huntington National Bank Checking Account Rates

ApyMinMaxProduct
0.05%--Huntington Plus Checking

Huntington National Bank Savings Account Rates

ApyMinMaxProduct
0.02%--Premier Savings

Huntington National Bank Money Market Rates

ApyMinMaxProduct
0.60%$20k$2mPremier Plus Money Market
0.05%--Premier Money Market

Huntington National Bank CD Rates

ApyMinMaxProduct
0.60%$1k$100k72 Month CD
0.55%$100k$100m1825 Day CD Jumbo
0.55%$1k$100k60 Month CD
0.35%$100k$100m1460 Day CD Jumbo
0.35%$1k$100k48 Month CD
0.30%$1k$100k37 Month Linked-Rate CD
0.20%$100k$100m1095 Day CD Jumbo
0.20%$1k$100k36 Month CD
0.20%$1k$100k13 Month Linked-Rate CD
0.15%$100k$100m730 Day CD Jumbo
0.15%$100k$100m912 Day CD Jumbo
0.15%$1k$100k24 Month CD
0.13%$1k$100k24 Month Step Rate CD
0.13%$1k$100k48 Month Step Rate CD
0.10%$100k$100m180 Day CD Jumbo
0.10%$100k$100m270 Day CD Jumbo
0.10%$100k$100m365 Day CD Jumbo
0.10%$100k$100m547 Day CD Jumbo
0.10%$1k$100k182 Day CD
0.10%$1k$100k6 Month CD
0.10%$1k$100k9 Month CD
0.10%$1k$100k12 Month CD
0.10%$1k$100k18 Months CD
0.10%$15k$250k12 Month Huntington Easy Access CD
0.01%$100k$100m7 Day CD Jumbo
0.01%$100k$100m14 Day CD Jumbo
0.01%$100k$100m30 Day CD Jumbo
0.01%$100k$100m60 Day CD Jumbo
0.01%$100k$100m90 Day CD Jumbo
0.01%$1k$100k14 Day CD
0.01%$1k$100k3 Month CD
0.01%$1k$100k30 Day CD
0.01%$1k$100k1 Month CD
0.01%$1k$100k91 Day CD

Rates updated: 5/25/2013

Data for Q4 2012


Institution Statistics


The Huntington National Bank
FDIC Certificate #6560
BankRate ReportView
Year Established1866
Employees10780
Primary RegulatorOCC

Assets and Liabilities

Assets$55.95 billion
Loans$40.70 billion
Deposits$47.29 billion
Equity Capital$4.75 billion
Loan Loss Allowance$766.10 million
Unbacked Noncurrent Loans$506.22 million
Real Estate Owned$27.96 million

Historic Data - December 2011

Assets$54.18 billion
Equity Capital$4.07 billion
Loan Loss Allowance$944.66 million
Unbacked Noncurrent Loans$589.36 million
Real Estate Owned$37.82 million

Profit Margin - Quarterly

Net Interest Margin3.45%
Return on Assets1.16%
Return on Equity14.59%
Interest Income$1.95 billion

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2012 Huntington National Bank had $534.18 million in non-current loans and owned real-estate with $5.52 billion in equity and loan loss allowances on hand to cover it. This gives Huntington National Bank a Texas Ratio of 9.68% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Huntington National Bank decreased slightly from 12.73% as of December 31, 2011 to 9.68% as of December 31, 2012, resulting in a positive change of 23.97%.This indicates that the balance sheet and financial strength for Huntington National Bank has improved slightly in recent periods.
Deposit Growth5
In the past year, Huntington National Bank has increased its total deposits by $2.99 billion, resulting in 6.75% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Huntington National Bank has shown is excellent.
Capitalization3
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Huntington National Bank has $55.95 billion in assets with $5.52 billion in equity, resulting in a capitalization level of 9.87%, which is average.
Write Review

Huntington Is NOT Honoring This Advertised Deal.
1 stars - mbanks - Wednesday, January 18, 2012 - 3:25 PM

I told someone who was opening an account at a different local bank about how Huntington is such a great bank and that I have my personal and business accounts there.  I could not have been more embarrassed.  They went into Huntington and were told NO.  I sent them the above URL from Huntington which advertises $100 if you open an account by March 30, 2012, and the bank called Huntington and asked to honor the deal and was also told NO.  I called Huntington and I was talked down to by someone who said the "powers from above get to decide".  Like we have left this world and are now under the influence of a Magical one.  I was flabbergasted.  I have substancial holdings and business accounts with payroll at Huntington, apparently they don't need my business because they are well on there way to losing it.  

11

Changing Terms And Conditions For Deposits Is Ongoing
1 stars - mastersmommy - Wednesday, June 6, 2012 - 10:03 AM

Have had an account with Huntington for many years.  A while ago, I got a call from the bank manager telling me that no non-Huntington ATM deposits would process any longer.  I was very perplexed as I have not had any trouble with deposits in the past.

Have had the account long enough that Huntington ATM depopsit will only credit $400.00 pending until deposit is verified and posted.  Have not had trouble in the past with outstanding 24-hour Grace Period items not clearing once my deposit is made (unless deposit was really late at night).

Now I am told that NSF fees occurred because my whole deposit wasn't posted, even though the "whole deposit" would have brought balance to the black once verified and posted.  I asked to have fees removed.

I was told that couldn't happen and deposits must be made in Huntington ATM before 10:30 a.m. in order to clear for terms on 24-hour Grace Period.  Never, never, NEVER had that condition been in place for prior deposit transactions!  Therefore, MORE NSF fees were added.

Went to the bank and made 2 seperate deposits since I needed more than $400 to bring balance to the black.  ATM slips that show what my deposits were and what balance was available.  Logged in the next morning & they ignored the deposits, returned items and then added more NSF fees!

How do they keeping changing deposit terms so much!?

6

Would Not Honor Promotion
1 stars - SShahabi - Thursday, June 7, 2012 - 1:22 PM

I opned an account with Huntington Bank in early March of 2012. They were advertising a $100 promotion for opening new account. I completed the terms as requested. when I contatced the bank to get promo they said I was not eligible. They kept giving me the runaround. It took several weeks to find out that the bank does not care about it's customers. I would not deal with Huntington again..

5

Stellar Customer Service, Competitive Rates, Great Prducts/Services
5 stars - sallyjoe63 - Monday, October 17, 2011 - 11:26 AM

I have banked with Huntington for about 7 years now and I have never had a bad experience. Everyone from the tellers to the investment reps are very helpful and courteous, they go above and beyond to ensure my satisfaction. I have always been one to maintain control over my checkbook but even if I wasn't they make it virtually impossible to overdraw your account. They send you notifications to your phone and/or email once you've gone below you're set "low balance" (which you choose since the definition of a low balance differs from customer to customer). They also notify you by cel and/or email when you have over drafted and they give you til the next business day to make it right before you are accessed a fee. Literally, only a primate or an idiot could mess up this account. I always feel bad for the bankers when I see someone coming in complaining about their overdraft fees because the banker says "well let's take a look at your balance book and see what was maybe missed" and people go "What balance book?" Come on people this is elementary banking, it is not the banks fault that you spent outside your means. They have very competitive rates for today’s market and I am very happy with the rate I got for my money market and my investments. Also, because of my deposit balance I get a laundry list of free features including thier VERY user friendly online banking/bill pay. My kids (broke college students) have their accounts with Huntington as well and it has been so easy for them to maintain. The hours are so convenient!! Open 7 days a week and until 7pm on the weekday. They are also opening full service branches in all of the Giant Eagle grocery stores which have even more extended hours!! The number of locations of Huntington Banks is also ideal for me. About 7 atm/banking office locations near/in the city I live and about 5 in the area I work. My only quip about this bank is that it is a midwest bank, they should go national because they would dominate the industry!

4

Freezing Account
1 stars - MJS - Wednesday, September 12, 2012 - 6:34 PM

Recently we deposited a large check in our savings. We understood it would take awhile for the check to clear and those funds would not be available to us. But, we were  shocked to find out they froze our entire savings account.

I transfer funds from the saving to the checking to pay bills, but now, can't do so online. If I want my own money transferred I have to go to that bank, ask for my money to be transferred to checking and they will do an "over-ride", and do it for me. But, the weekend is coming...then what?  No one would explain why the other money was included in the freeze,but one rep said our local branch manager did it (when we deposited the money). Another supervisor talked to her in our behalf. All that was said is NOTHING can be done!  I have been with this same bank for 25 years....long before it was even Huntington's. I saw many changing faces, but the ones that have succeeded are the ones who have "customer service skills" and know how to treat and keep a customer. Perhaps, some banks have grown too big to bother or care. 

3

Easy Bank To Deal With
5 stars - bonepicker - Sunday, January 8, 2012 - 4:05 PM

Very friendly staff, always willing to listen.  Low to no fees on checking.  They do not force you to have a debit card if you do not want one. They help you with your online banking.  Their loan rates are excellent and they always tell you when they have come down and you could rewrite your loan.  I love their hours and the easy to use online banking. The only recommendation I could make is free checks on a seniors account.

3

Stay Away From Huntington Banks!
1 stars - tomclause - Friday, December 21, 2012 - 8:08 AM

I have had a very bad time with Huntington Banks in the Cleveland, OH area.   I came into the bank about 15 minutes before they closed along with about 4 other people.  I needed to make a deposit that day so that I could cover a check. 

The Manager said that she could make the deposit but asked if she could do it after she waited on the others. Long story short, she didn’t make the deposit and I was billed for penalties. When I saw the penalties, I called her and she said no problem she would get them waived.  Well later I got a call from a collection company that said I owe $345.50.  I called the local VP and went back over everything that happened and the teller lied to her and she believed her teller over the customer.  I had to pay the $345 bucks.  I'm now with another bank and am so glad I made the switch. 

2

Please Keep Your Hands Off My Checkbook. Thank You!
1 stars - patzingalis - Saturday, September 15, 2012 - 10:09 AM

Some of you are way too kind-giving Huntington Bank more than 1 star-I have never had trouble balancing my checkbook until Huntington bank decided to do it for me-putting through the largest check that came in last, on a Tuesday morning, before putting in the smaller checks that came in starting the Friday before-caused many bounced checks and many fees-you know why they did it?  Because they instruct their employees in far off lands to withdraw the largest amounts first that occur in a 5 day (2day weekend/non business arena) first-"it might be their insurance check or mortgage payment" so they are doing us a favor!  This way one check clears and many bounce.  Sometimes I do have to live paycheck to paycheck and I juggle my bills accordingly.  Never had a problem before.  I am 53 years old and also have a substantial amount in different accounts with them that I have started to close!  So Huntington-go Nationwide-PLEASE-Just go!!!!

2

24 Hr. Grace
1 stars - dagibs8 - Wednesday, September 12, 2012 - 4:36 PM

   I had a bill that was denied payment, which Huntington charged a fee. When I called, and

 questioned the 24 hr. grace I was told that it did not apply for non payment. I could not get a 

 direct answer as to why they chose not to honor their advertisement on the 24 hr. grace, except 

 that I should open up a savings account with them to keep this from happening again. Seems to 

 me that they are trying to force people by charging for what should have been forgiven.

     

1