Huntington Bank Gives $150K to UT for Scholarships, Academic Programming
Will invest in Gateway business district with construction of new branch
TOLEDO, Ohio--(BUSINESS WIRE)-- Huntington Bank announced today that it will give $150,000 in funding for academic programming and scholarships at The University of Toledo, as part of an expanded banking program it will offer on campus over the next five years.
Huntington is expanding its product and service offerings to students and employees who choose to become customers. The bank also has committed to making banking more convenient for the University of Toledo community by adding a full-service branch in the Student Union and additional ATMs on campus.
Additionally, Huntington will invest in the Gateway business district revitalization by adding a new branch at the corner of Dorr Street and Secor Avenue.
“Huntington is committed to ongoing investment in Toledo and all of Northwest Ohio,” said Steve Steinour, chairman, president and CEO of Huntington Bank. “We look forward to continuing to work with the university as it educates the next generation of leaders. We are especially pleased to contribute to the vitality and economic growth of the Gateway neighborhood through the construction of a new branch in its business district.”
“Huntington has always been a great community partner,” said UT President Lloyd Jacobs. “Our partnership will provide more students with the ability to earn a top-tier education, more convenience for students and staff and it will increase our students’ knowledge of the way money works and how to use it responsibly. Our relationship with Huntington represents the kind of public-private partnership that communities need in order to grow.”
Huntington has also committed to financial literacy seminars and support for both students and employees.
Students and employees who choose to sign up with Huntington have an option to choose Asterisk Free Checking®, Huntington's industry-leading checking account with no minimum balance requirement and no monthly checking maintenance fee. The checking account comes with 24-Hour Grace®, Huntington’s overdraft fee relief service, and free debit cards, including an option for a co-branded card displaying the University of Toledo’s Rocket logo. Students and employees will also be able to link their Rocket ID cards to a Huntington checking account for PIN-based purchase and free ATM withdrawals so they only need to carry one card on campus.
Member FDIC. The logo mark® and Huntington® , Asterisk-Free Checking® and 24-Hour Grace® are federally registered service marks of Huntington Bancshares Incorporated. The 24-Hour Grace® system and method are patented: US Pat. No. 8,364,581.
Huntington Bancshares Incorporated is a $56 billion regional bank holding company headquartered in Columbus, Ohio. The Huntington National Bank, founded in 1866, provides full-service commercial, small business, and consumer banking services; mortgage banking services; treasury management and foreign exchange services; equipment leasing; wealth and investment management services; trust services; brokerage services; customized insurance brokerage and service programs; and other financial products and services. The principal markets for these services are Huntington’s six-state banking franchise: Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary distribution channels include a banking network of more than 700 traditional branches and convenience branches located in grocery stores and retirement centers, and through an array of alternative distribution channels including internet and mobile banking, telephone banking, and more than 1,400 ATMs. Through automotive dealership relationships within its six-state banking franchise area and selected other Midwest and New England states, Huntington also provides commercial banking services to the automotive dealers and retail automobile financing for dealer customers.
About The University of Toledo
The University of Toledo, established in 1872, is a diverse, student-centered public metropolitan research university. The University is home to more than 22,000 students across 13 colleges and six Ohio campuses. UT offers more than 230 doctoral, professional, graduate and undergraduate programs. Nearly 350 student athletes comprise 15 Division 1 Rocket athletic teams. UT has earned national and international acclaim for its expertise in solar and advanced renewable energy, environmental sciences, astronomical research, translational research and biomarkers. For more information visit www.utoledo.edu.
Huntington Bancshares Incorporated
Maureen Brown, 614-480-5512
Source: Huntington Bancshares Incorporated
Released May 16, 2013