This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Huntington Bank Eliminates Another Fee As Part Of Its Ongoing Fair Play Philosophy

Huntington Bank has completed the elimination of its $10 overdraft protection transfer fees for consumer and small business customers, giving them more convenience in moving money from one account to another, the bank announced today. Huntington is thought to be one of the few banks in the country to have eliminated the fee.

Huntington is also introducing a series of new commercials that underscore in a vivid and humorous way how it treats customers with more care than other banks.

“At Huntington we made the decision that we did not want to charge customers for transferring their own money from one account to another,” said Steve Steinour, chairman, president and CEO of Huntington Bank. “Customers want a fair approach to their banking so that they can save and invest their hard-earned dollars. We hear them and we continue to give them the services they want.”

Huntington began removing overdraft protection transfer fees in 2011 and by April 1, 2014, the bank will complete the final step in the process with the elimination of its business banking overdraft protection transfer fee.

Consumers can link from any Huntington savings, money market, home equity or credit card to a checking account as part of overdraft protection with no transfer fee. Beginning next month, businesses can link from any savings or deposit account to a checking account as part of overdraft protection with no charge. If the business or consumer customer then overdrafts, money to cover the shortfall is automatically pulled from the linked accounts into the checking account. Previously, as with many banks, $10 was charged for the transfer. 1

The final transfer fee elimination is expected to impact about 10 percent of small business customers. While it is a small group of customers, they tend to be the micro business owners who need their dollars to reinvest in their businesses rather than pay a banking fee.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 17,556.23 +115.64 0.66%
S&P 500 2,083.32 +15.68 0.76%
NASDAQ 5,065.34 +25.5640 0.51%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs