Are you looking for a bank that gives more than it takes? For Michigan, Pennsylvania, Ohio, Indiana, Kentucky and West Virginia residents, that bank might be Huntington Bank. Huntington offers a wide range of personal and business banking services that you would expect from a full-service bank. But what makes Huntington stand out among other banks is its commitment to investing in and serving the local communities.
Huntington Bank: Full-Service Banking With a Local Touch
Huntington provides fast and convenient service to its members. Whether you choose to contact the bank by phone, email or head into one of its branches, Huntington’s friendly customer service staff is ready to help you with your banking questions and needs.
As a regional bank, Huntington is all about investing in the local area — after all, it’s the same place where its staff members live and work. The bank supports local business as well as economic and job growth. By contributing and volunteering its services, Huntington also helps to provide affordable housing and improve financial education.
Read: 41 Ways to Improve Your Money Skills for Financial Literacy Month
Huntington Bank Products and Services
Everyone’s banking needs are different, which is why Huntington has various personal checking and savings account options. With a little research, you can find an account that will grow your money.
For example, the Huntington 25 Checking account is an interest-bearing account that lets you earn 0.25% APY* on your account balance. And you can get an account relationship bonus, which means you can earn an additional 0.15% APY* on your Relationship Savings or Relationship Money Market account if you open and link one of those accounts to the checking account. You’ll also pay no monthly maintenance fees as long as your total relationship balance is $25,000 or more.
You can enjoy similar perks with the bank’s other two checking accounts: the Huntington 5 Checking and Asterisk-Free Checking accounts. With the Huntington 5 Checking account, you’ll still earn interest on your balance, but you need only $5,000 in total funds across eligible accounts to waive the monthly maintenance fee. And Huntington’s Asterisk-Free Checking doesn’t have monthly maintenance fees, and you can get free overdraft protection transfers.
Related: Everything You Need to Know About Overdraft Protection
In addition to savings, money market and CD accounts to help you grow your savings, Huntington provides services to help you safeguard your future. Its insurance products can help you get past those unexpected events, and the bank has a team of wealth experts to assist you in planning your finances.
Huntington Bank Pros and Cons
When it comes to making financial decisions, it helps to have as much information as possible. But if you’re not a finance expert, it can be difficult to know which options are best for you. Huntington’s multiple online tools and resources can help make those financial decisions easier. The bank’s online calculators, for instance, can determine how much your auto payments will be or how much it will cost to have another child.
You might be in the market for a new house. If so, you can use Huntington’s Home Buyer’s Library to navigate this often confusing and overwhelming experience. This online resource helps guide you through the process of searching and buying a house. You can print out a checklist to compare the homes you’re interested in buying, learn the ins and outs of a home inspection and find out exactly what you need to bring to your meeting with a Huntington mortgage specialist.
Along with all of the benefits Huntington provides to its customers, there are some drawbacks. For one, its Voice Credit Card doesn’t boast the most competitive interest rates. The credit card offers two options: a triple rewards option and a lower rate option. Based on your creditworthiness, your variable APR for purchases could be between 12.99 percent and 23.99 percent with the rewards option, and between 9.99% APR* and 20.99% APR* with its lower rate option.
Also, don’t plan on making any cash advances with this credit card — unless you want to pay a cash advance fee or interest. The Voice Credit Card will charge you the greater of $10 or 3 percent of the amount of each cash advance, and that’s on top of a 23.99% variable APR* for cash advances.
Keep reading: Best Low Interest Cards for Cash Advances
Bottom Line
Depending on what you’re looking for in a bank, you can benefit from the financial services Huntington offers. When choosing a savings or checking account, you’ll want to seriously consider Huntington’s products, as you have the opportunity to earn interest. But when it comes to its credit cards, you might want to search elsewhere if you want to obtain lower rates.
*APRs reflect rates show on Huntington Bank’s website and are current as of 05/13/2015.
This article originally appeared on GOBankingRates.com: Huntington Bank Review
This article by Nell Casey first appeared on GoBankingRates.com and was distributed by the Personal Finance Syndication Network.
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