Ohio’s Huntington Bank will close more than 70 branches in a footprint consolidation, mostly in Michigan and Ohio.
The closures at the Columbus-based bank will take place early next year. The 30 Ohio closures include two in Columbus and 10 in Cleveland, and the 31 in Michigan closures include five in the Detroit area.
“Huntington regularly reviews its distribution network to ensure our mix of branches, ATMs and online and mobile banking meets our customers’ evolving needs,” a Huntington spokesman said in a statement. The branches were reviewed based on transactions, customer traffic and proximity to other Huntington branches in the area.
The bank expects to place the “vast majority” of employees in these branches into other roles at Huntington.
The bank says it will maintain top spot for branch market share and its relative position in branch market share once the consolidation is complete.
The $105 billion Huntington has a network of 968 branches and 1,831 ATMs across eight Midwestern states.
Huntington isn’t the only bank pulling back on its branch presence in the area. Wells Fargo sold its entire retail branch network in Michigan, Indiana and Ohio to Flagstar Bank, Troy, Mich., earlier this year.