TCF is Joining Huntington
Right now, it's banking as usual
TCF Bank will continue to operate separately until all regulatory and shareholder approvals are received and the companies are merged. Until then, you should continue to bank just as you always have.
- Continue to bank at your current TCF banking centers and ATMs
- Keep using your TCF checks, cards, online and digital banking
- Count on your TCF products and services to meet your banking needs
Frequently Asked Questions
Who is Huntington Bank?
Founded in 1866, Huntington is a $120 billion asset regional bank with a network of 839 branches and 1,300 ATMs across Ohio, Michigan, Pennsylvania, Indiana, Illinois, West Virginia and Kentucky.
Huntington is the largest Small Business Administration lender in the nation by number of 7(A) loans and has an outstanding reputation in consumer banking, commercial and private banking, investment businesses and insurance.
Will there be any changes to my account(s)?
TCF and Huntington are committed to making sure this will be a seamless transition for all of our clients. For now, it is business as usual. Please continue to use your same checks, cards and accounts as you always have, and continue to use TCF banking centers, ATMs and digital banking for your banking needs.
When we merge the two organizations, your accounts will be aligned with Huntington products that are similar to what you have currently. Our goal is to provide more choices in accounts and services. As soon as more information becomes available regarding specific timing, we will certainly share it well in advance of any changes.
Can I use a Huntington branch now to conduct my transactions with TCF?
For now, continue to bank as you normally do with TCF. TCF and Huntington have different account systems, and merging the two will take some time. Until we have our systems merged, please continue to use TCF-branded banking centers to ensure your payments and deposits are timely credited. Once we merge our organizations, you will be notified as to when you can begin using Huntington branches and ATMs for no fee.
What are the benefits of this merger?
This merger will bring together two of the region’s strongest banks to better serve our customers and local communities with an enhanced suite of industry leading products and services, added customer convenience, and a shared track record of award-winning customer service.
When will the merger be completed?
We expect the merger to take place in 2021, subject to customary closing conditions. At that time, TCF will become part of The Huntington National Bank but will continue to operate independently until systems integration occurs in 2021. Please continue to bank with TCF as you usually do.
Where is Huntington headquartered?
Today, Huntington operates from Columbus, Ohio, in the heart of the Midwest where the company was founded and is celebrating 154 years of unwavering service to their customers. In our new, combined organization, Columbus will remain the headquarters of Huntington’s holding company and Consumer Bank and Detroit will be the headquarters for the Commercial Bank.
Will any of the TCF banking center locations close?
We are in the process of reviewing both Huntington and TCF’s branch networks to determine a combined network that offers continued excellent customer service. Some banking centers will close, like those where there’s another Huntington or TCF bank close by. For now, keep banking as you normally do. You will receive prior notice of any changes to your banking center.
Will Huntington continue to support our local communities?
Both organizations have a deep commitment to the communities where we live and work.
Huntington will fund a $50 million donor-advised fund at the Community Foundation for Southeast Michigan to serve the needs of communities in Detroit and across the footprint of the combined bank.
Will TCF’s name change?
It is anticipated that TCF’s banking centers and ATMs will be rebranded as Huntington in 2021.
Should I use the same checks, PINs and other account specifics?
Yes, for the time being, you should continue to use your accounts as you always have, including checks, PINs, account numbers, debit and credit card, etc. We will communicate additional guidance and details will be coming at a later time. Please continue to bank with TCF as you usually do.
Can I start using Huntington ATMs without a fee?
Not at this time. Continue to bank with TCF as you usually do. You’ll receive additional communication about when you can use Huntington ATMs without incurring a fee.
What should I do if I have accounts at both TCF and Huntington?
For now, continue to bank as you normally do with TCF and Huntington. Visit TCF-branded branches for transactions involving your TCF accounts and Huntington-branded branches for transactions involving your Huntington accounts. We will communicate additional guidance on when we’ll complete our systems integration at a later time.
What about FDIC insurance limits?The basic FDIC insurance amount is $250,000 per depositor, per insured bank. That means you could have up to $250,000 on deposit at one bank and $250,000 at another bank and it would all be fully insured. After the merger, TCF and Huntington will become one bank for purposes of calculating limits on limits on deposit insurance. However, the FDIC has a special rule that allows a customer's deposits to be considered as separately insured when two banks merge — as if the two banks are still operating separately — for at least six months and possibly longer for certificates of deposit (CDs). For more information, visit https://www.fdic.gov/consumers/consumer/news/cnsum10/having_deposits_at_two_banks.html