The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Huntington Bancshares plans to close 34 branches

Huntington Bancshares in Columbus, Ohio, plans to close 34 branches early next year.

The $187 billion-asset company said that 11 of the branches are located inside Cub stores around Minneapolis, according to published reports. Another seven branches are in Ohio and nine are in Michigan.

The closures represent about 3% of Huntington’s total branch network.

“We regularly review our distribution network … to meet our customers’ evolving needs,” Kris Dahl, a Huntington spokeswoman, said in a statement. “We make every effort to place colleagues in comparable roles so they can continue to be a part of Huntington, serving the communities they know.”

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