Huntington Bank will give $150,000 in funding for academic programming and scholarships to 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 UT 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 with a new branch at the corner of Dorr Street and Secor Road.
“Huntington is committed to ongoing investment in Toledo and all of northwest Ohio,” said Steve Steinour, chair, 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 also has committed to financial literacy seminars and support for both students and employees.