Written by Kim Porter | Edited by Michael Kitchen | Published on 12/9/2024
Huntington National Bank has some useful options for overdraft protection, although its deposit interest rates aren’t always great. It also offers some ATM fee reimbursement to make up for a relatively small ATM network.
Established in 1866, Huntington National Bank is now the 20th-largest bank in the U.S. It has about 1,000 branches spread across Colorado, Florida, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, Wisconsin and West Virginia, as well as in the Cayman Islands. It is also expanding into North Carolina and South Carolina.
Huntington has a full lineup of banking services and products, including checking accounts, high-yield savings accounts, money market accounts and certificates of deposit (CDs).
In addition to deposit options, the bank offers mortgages, home equity products, auto loans, personal loans and credit cards, along with insurance policies and wealth management services. Businesses can apply for business credit cards, loans and deposit accounts.
Among the bank's four checking account options, the Huntington Asterisk-Free Checking offers some of the most consumer-friendly features: no monthly service fee and no requirements for an opening deposit or minimum account balance.
All checking accounts allow you to use 1,600 ATMs in Huntington's network for free. Three of the checking accounts include free credit score monitoring and will reimburse you for some or all fees charged by out-of-network ATMs.
All four checking accounts offer several overdraft protection options. The $50 Safety Zone feature waives overdraft fees if you overdraw by up to $50. For larger overdrafts, you get 24 hours to replenish your account before being charged a fee. You can also link another account to cover your overdrafts.
Huntington National Bank has various promotional high-yield savings accounts and money market accounts. They all include a monthly service fee, although it can be waived if you meet requirements. Note that the annual percentage yield (APY) is very low if your balance is below a set minimum or you don’t get the promotional rates.
Huntington also offers standard CDs with terms ranging from seven days to six years. Most of the CDs have low APYs, though some promotional rates are available.
You can access customer support in person during business hours on weekdays or by phone every day from 7 a.m. to 8 p.m. Eastern time at 800-480-2265. The bank’s website also has an automated live chat feature.
Huntington National Bank’s mobile app is highly rated, earning 4.8 out of 5 stars on both the iOS and Android platforms.
Huntington National Bank pros and cons:
Pros:
• Out-of-network ATM fees reimbursed on some accounts
• About 1,000 branches
• Three types of overdraft protection
Cons:
• Small network of ATMs
• Branches limited to some states
• Low APYs on minimum balances, except on promotional accounts
Probably The Best Bank In The State
Clerks are incredibly nice, and honest! They don't push anything on you and make sure you need to get what you need done, done.
Disappointing Elder Outcome
Huntington Bank Clinton Township is disingenuous and intractable and not senior friendly. They have made several key errors regarding my Mom's identity theft and rewarded the thieves and perpetrators with their accuarrial incompetence. If you are a Senior boomer with means avoid this institution like the plague. They are not efficient or community friendly and are a burden to caregivers looking on. You've been warned. E.
STAY AWAY FROM HUNTINGTON BANK
I have been banking with Huntington Bank for close to 12 years; my husband and myself both hold three joint bank accounts. Around a month ago, I received a letter in the mail stating that Huntington Bank would be closing all three of our joint bank accounts. The letter did not state why or give any type of reasoning behind their action. We've been very loyal and good customers. I have not bounced a check since opening the account, 12 years ago. We both have outstanding credit. I have researched everything relating to this topic and what could be causing them to make such a ridiculous decision. - nothing!!!! I am so angry. At least provide a reason. Insane
Slow ACH Transfers
Slowest ACH service I've ever seen, and low limits (10k).
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 6560 |
| Year Established | 1866 |
| Employees | 18980 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 11.62% |
| Annual Interest Income | $9.93B |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $203.4B$188.7B |
| Loans | Q4 2024vs Q4 2023 | $128.4B$120.2B |
| Deposits | Q4 2024vs Q4 2023 | $167B$155.5B |
| Equity Capital | Q4 2024vs Q4 2023 | $19.7B$17.96B |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $2.24B$2.26B |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $679.8MM$631.6MM |
| Real Estate Owned | Q4 2024vs Q4 2023 | $7.6MM$10.3MM |
