Huntington National Bank Expands with New Branches in the Carolinas

News Summary

Huntington National Bank has announced plans to open approximately 55 new retail branches in North and South Carolina over the next three years. This expansion aims to enhance their banking services in the region, creating around 350 new jobs in various sectors. The initial branches will open in Charlotte, with additional locations planned in key cities like Winston-Salem and Raleigh. This move is part of Huntington’s broader strategy to grow its presence following its acquisition of TCF Financial.

Carolina Expansion: Huntington National Bank Announces New Branches

Huntington National Bank has revealed plans to establish approximately 55 new retail branches across North and South Carolina over the next three years. This expansion is part of the bank’s strategy to enhance its presence in the Carolinas and improve personal, wealth, business, and commercial banking services in the region.

The bank, headquartered in Columbus, Ohio, intends to open four branches in the first year of this initiative. Federal paperwork has already been submitted for branch locations in key cities, including Charlotte and Winston-Salem, North Carolina, as well as two locations in South Carolina.

As part of its expansion, Huntington aims to create roughly 350 new jobs across various business lines over the coming five years. Currently, the bank employs over 200 staff in the Carolinas, with approximately 40 employees based at its regional headquarters that opened in downtown Charlotte last year.

Branch Locations and Timeline

The first of the new branches in North Carolina is set to open on May 12, 2025, at 6700 Fairview Road, Charlotte. A second branch will follow in September 2025 at 124 E. Kingston Ave. in South End, Charlotte. Future plans also include additional branches in:

• Raleigh at 4000 Center At North Hills
• Winston-Salem at 751 W. 4th St. and 594 S. Stratford Road
• Charleston, Greenville, and Spartanburg in South Carolina

Leadership and Hiring Plans

Huntington’s expansion in the Carolinas is spearheaded by Heath Campbell, who has transitioned from his role as the Truist Financial West regional market president to become the executive managing director for the Carolinas at Huntington. Brant Standridge, also a former high-ranking executive at Truist, joined the bank in April 2022 as president of regional and consumer banking.

Background and Strategic Growth

Founded in Ohio, Huntington National Bank is currently ranked as the 24th largest bank in the U.S., boasting approximately $196 billion in assets as of June 30. The bank operates about 970 branches across 11 states, with its nearest branches currently located in West Virginia. This expansion follows Huntington’s acquisition of TCF Financial in a transaction valued at $22 billion in 2021. Besides its growth in the Carolinas, Huntington also plans to open branches in other major cities, including Denver, Minneapolis, and Chicago.

In Charlotte, Huntington will compete directly with several established financial institutions, including Bank of America, Truist, and Wells Fargo. This competitive landscape emphasizes the importance of Huntington’s “people-first” banking approach, which focuses on community engagement and building lasting relationships with local customers.

Overall, Huntington National Bank’s ambitious expansion plan marks a significant investment in the Carolinas, setting the stage for enhanced banking services while also contributing to local employment and economic growth.

Deeper Dive: News & Info About This Topic

• Charlotte Observer
• PR Newswire
• Greenville Business Magazine
• Business North Carolina
• ATM Marketplace
• Wikipedia: Huntington National Bank
• Google Search: Huntington National Bank expansion
• Google Scholar: Huntington National Bank
• Encyclopedia Britannica: Banking
• Google News: Huntington National Bank North Carolina