Huntington Bancshares Announces Expansion into the Carolinas

Huntington Bancshares is expanding its presence in the Carolinas. This move marks a significant growth opportunity for the company.

Huntington Bancshares has announced plans to enter the Carolinas market. The company aims to strengthen its presence in the region through strategic acquisitions and partnerships.

The Carolinas expansion will allow Huntington Bancshares to tap into a large and growing market. This will provide the company with access to a new customer base and revenue streams.

Huntington Bancshares has a long history of successful expansions. The company's previous acquisitions have been well-received by the market and have contributed to its growth.

Huntington Bancshares is planning a significant expansion into the Carolinas, with plans to open at least 55 branches over the next five years.

The bank expects to add more than 350 employees to its workforce in the region, with a focus on commercial banking, retail banking, and wealth management.

Huntington has already established a regional headquarters in downtown Charlotte, with about 40 employees working there. The bank also has a presence in Winston-Salem, with plans to open a new branch in the 751 West Fourth commercial building.

The Carolinas are a key growth market for Huntington, with a fast-growing and highly dynamic population. The bank sees substantial opportunity in the region, with a sizable population base and attractive growth rates.

Here are the six metro focal points for Huntington's expansion in the Carolinas:

Construction on the new branches is slated to begin in 2026, with the bank using data and proprietary market research to select sites with high traffic and visibility as well as growth potential.

Huntington National Bank plans to add approximately 55 retail branches in North and South Carolina over the next five years.

The bank's expansion plans follow the opening of a regional headquarters in downtown Charlotte last year, where about 40 employees now work.

Huntington already has more than 200 employees in the two states and expects to add 350 more workers across multiple business lines over the next five years.

The bank's nearest retail branches are in West Virginia, with most of its offices spread from Ohio to Minnesota, where it acquired TCF Financial for $22 billion in 2021.

Huntington plans to open one branch at 6700 Fairview Road, Charlotte, and another at 751 W. Fourth St., Winston-Salem, according to filings with the Office of the Comptroller of the Currency.

The bank's expansion is part of its strategy to deepen its presence in the Carolinas and bring its expertise and capabilities to more customers in the market.

Huntington's executive managing director for the Carolinas, Heath Campbell, says the bank is proud to deepen its presence in the region and bring its expertise and capabilities to even more customers.

Here are the locations where Huntington plans to open new branches: