Major Franchise Expansion: Huntington National Bank Makes Big Moves in the Carolinas
CHARLOTTE, NC – In a groundbreaking development, Huntington National Bank has announced a major expansion into both North Carolina and South Carolina. This exciting move signifies a substantial investment in the region, boosting local employment and enhancing service offerings for current and prospective customers.
Enter Huntington: 350 New Jobs and 55 Retail Branches
Huntington’s strategic plan includes adding over 350 colleagues across multiple business lines and opening approximately 55 retail branches over the next five years. These branches are set to be established in key cities like Charlotte, Raleigh, and Winston-Salem in North Carolina, alongside Charleston, Columbia, and Greenville in South Carolina. This expansion leverages Huntington’s growing footprint in the region and capitalizes on its established customer base.
Building on a Successful Foundation
This move builds upon Huntington’s 2023 Commercial Banking expansion in the Carolinas, along with the recent opening of its regional headquarters in Charlotte. The bank’s strategic approach ensures that both personal and commercial customers in the region will benefit from the extensive range of products and services that Huntington has to offer. From personal wealth management to robust business solutions, Huntington aims to bring its comprehensive capabilities to even more customers throughout the Carolinas.
A Growth Story: Multi-Million Dollar Investment
This ambitious retail expansion forms part of Huntington’s broader, multi-million dollar plan to strengthen its branch presence in several other strategic markets, including Denver, Minneapolis, and Chicago. The bank’s leadership remains tremendously optimistic about deepening its roots in the Carolinas, which are recognized as one of the fastest-growing and dynamic regions in the country.
Investing Locally for National Impact
According to Brant Standridge, Huntington’s Consumer and Regional Banking President, “The Carolinas is a fast-growing, highly dynamic region and we are proud to deepen our presence and bring our expertise and capabilities to even more customers in this market.”
In line with this sentiment, Heath Campbell, Executive Managing Director and Regional President for the Carolinas, emphasized the importance of being a national bank that places significant value on local investment. “We are thrilled to build on our Commercial Banking investment in the region and strengthen our dedication to serving the local customers and communities that are at the heart of our mission,” Campbell stated.
What’s Next?
Over the next five years, residents and businesses in the Carolinas can expect to see Huntington branches emerging in their communities. These branches will offer customers more access to Huntington’s wide range of banking services, from personal accounts to wealth management, business banking, and commercial services. The bank’s expansion is designed to meet local needs while driving national growth, creating a dynamic win-win scenario.
This significant development underscores Huntington National Bank’s commitment to leveraging local investments to contribute to its long-term national growth strategy. As the new branches open their doors, they will not only bring financial services closer to local residents but also create numerous job opportunities, fostering economic growth and community development.
Stay tuned as Huntington National Bank’s journey in the Carolinas unfolds, promising a future marked by enhanced service offerings, community investments, and a strengthened local presence.
