The History of Huntington Bank

Huntington Bank also known as Huntington Bancshares has been around for over 150 years. Originally founded in 1866 as The Huntington National Bank, there has a few minor iterations in name, but major advances in providing the best service possible. Huntington has a long unique history. Huntington Bank had its start as the State Bank of Ohio chartered by the government in response to the de-charting of the Second Bank of the United States and the Panic of 1837. Pelatiah Webster Huntington became the president of executive branch at State Bank of Ohio and decided to not renew the bank’s annual state charter in 1865. After the Bank’s liquidation, Huntington and David Deshler formed a partnership to better serve the people of Ohio. Huntington eventually became the sole proprietor of P.W. Huntington & Company upon purchasing the shares of his partner.

Their History:

Huntington Bank has a rich history. Their steady growth over the years allowed for its a big expansion in 1878. The five-story Gothic Huntington structure located in the southwest corner of High and Broad streets was considered to be the first skyscraper in Columbus. The bank excels at providing competitive products, services and delivering a superior customer experience, always striving to earn the trust of their customers. Huntington Bank earns customer loyalty for life with their continuous improvements.

Huntington Bank made its first mark in history by rapidly expanding its operations obtaining a national charter in 1905. Huntington’s prudent financial policies protected itself from the Panic of 1907 and assist other financial institutions who met financial crisis at this time. Huntington Bank works with and look out for others in time of need. Contributing to the economic strength of local communities by investing in business growth, partnering and volunteering to make a difference wherever possible.

In 1922, Huntington Bank earned full trust powers from the Federal Reserve. It made its first two acquisitions in the following year by purchasing Hayden-Clinton National Bank and the State Savings Bank and Trust. Upon further growth Huntington Bank opened its first branch office in 1958. Huntington became the 14th most profitable bank holding company in the United States by Fortune magazine.

Huntington Bank formed Community Banking Group in 1986 with 43 banking offices in small cities across central and northern Ohio. This expansion was done to address the needs of customers in rural areas. It was involved in small scale venture as well as large ones. In 1987, Huntington Bank introduced Global Trade Access, a computer-based automated system that allowed customers who conducted international transactions to issue and receive information on their letter of credit activity. Huntington Bank received the Governor’s Excellence in Exporting Award for GTA in 1988.

From its founding to present times, Huntington Bank has never stopped coming up with new ways to improve your banking experience. There are many features Huntington Bank offers that we take for granted everyday that did not exist a decade ago. The history of Huntington Bank is a long one but it doesn’t end here, as Huntington Bank continuously provide some of the best services financial market has to offer then it will keep thriving. Now Huntington Bank provides full-service banking primarily operating across an eight-state banking franchise. Huntington Bank keeps an open, honest and collaborative dialogue as they always have done and always will in the future.

Their Mission:

Huntington Bank has a commitment to demonstrate these Core Values in the work they do every day:

• Accountability: Own it
• Communication: Have open, honest and collaborative dialogue
• Continuous Improvement: Always getting better
• Inclusion: Be open-minded to all
• Passion: Act with positive and persistent pursuit of results
• Service: Earn customer loyalty for life
• Teamwork: Work with and look out for each other

Their main goal is to provide competitive products and services and delivering a superior customer experience, always striving to earn the trust of their customers. Thanks to their services and their reputation among customers, Huntington Bank has done that. One of the reasons is that their customers love their All Day Deposit service. Huntington Bank understands that everyone has different goals and schedules, which is why they stay as flexible as possible to accommodate your needs. Unfortunately, life is unpredictable. That’s why Huntington is there to help. Their Investment & Income Planning program helps you re-evaluate your goals with one-to-one counseling whether its retirement, income needs, education, change in family status, and many more situations. Huntington offers different types of Personal Insurance, such as their Personal Motor Vehicle Insurance, to make sure that you, your family, and assets are protected no matter what happens. Huntington’s flexibility allows you to find the coverage that best suits you and never settle for less.

Bottom Line

Huntington Bank has a magnificent history since its conception. This financial institution has continually able to grow because it never ceased to keep the customer’s interest at heart. Huntington Bank earns a customer’s loyalty for life, the core values this company exhibits has been around for more than a century. Put your trust in a historically reliable bank that is constantly looking out for you. Visit the HMB master list of Huntington Bank Promotions if you’re still curious for more!

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