Huntington Commits $20B to Improve Access to Capital

YOUNGSTOWN – In September, Huntington National Bank announced a five-year, $20 billion commitment to improve financial opportunities for customers, businesses and communities throughout its seven-state footprint.

The plan follows the early completion of a similar $16.1 billion investment started in 2017, says William C. Shivers, Mahoning Valley and Canton regional president. The effort focuses on access to capital, affordable housing and homeownership, and community lending and investment.

Huntington was again named a top SBA lender and funded more than 35,000 Paycheck Protection Program loans totaling more than $6 billion.

The bank, with its headquarters in Columbus, also launched its Lift Local Business program, a $25 million small-business lending program focused on companies owned by minorities, women and veterans.