COLUMBUS, Ohio, March 18, 2020 /PRNewswire/ -- Huntington
(Nasdaq: HBAN; www.huntington.com) today announced the immediate,
comprehensive steps it is taking to alleviate economic injury
experienced by consumers and businesses due to the coronavirus
pandemic.
"Huntington's Purpose is to look out for people by making their
lives better, helping businesses thrive and strengthening the
communities we serve, and these extraordinary times demand we take
action to support our valued customers," said Stephen Steinour, Huntington's chairman,
president and CEO. "All of Huntington stands with our customers and
local communities during this challenging time. We believe these
steps can bring some financial relief and peace of mind to those
affected by the pandemic."
Customers may contact Huntington at 1-800-480-BANK (2265) to
speak with a customer service representative about products or
programs that are available. Information about additional services
is available at https://www.huntington.com/coronavirus
Huntington is offering the following programs to consumers and
businesses, effective immediately:
- Consumer Payment Deferral Program: For consumers facing
a financial hardship related to family sickness or workplace
closures due to COVID-19, Huntington will offer a payment deferral
for up to 90 days with no credit bureau impact.
- Small Business Payment Deferral Program: For small
businesses experiencing financial hardship related to family
sickness or workplace closures due to COVID-19, Huntington will
offer a payment deferral for up to 90 days with no credit bureau
impact.
- Small Business Economic Injury Disaster: Huntington is
working directly with governors' offices to facilitate a disaster
declaration from the Small Business Administration for businesses
to be eligible for Economic Injury Disaster Program loans. Please
visit https://www.huntington.com/coronavirus to learn more about
additional resources and state information.
- Late Fees on Consumer Loan Suspension Program:
Huntington has suspended late fees on consumer loan payments. This
suspension is effective through the end of March 2020, and we will continue to evaluate
considerations to extend this program.
- Late Fees on Business Banking Loan Suspension Program:
Huntington has suspended late fees on business loan payments. This
suspension is effective through the end of March 2020, and we will continue to evaluate
considerations to extend this program
- Repossession Halt Program: Huntington has suspended
initiating new repossession actions for vehicles, RVs, or marine
craft. This suspension is effective through the end of March 2020, and we will continue to evaluate
considerations to extend this program.
- Suspension of Foreclosure Program: Huntington has
suspended initiating any new residential property foreclosure
actions unless required by federal or government agencies. This
suspension is effective through the end of March 2020, and we will continue to evaluate
considerations to extend this program.
Additionally, Huntington has existing programs in place to help
consumers navigate financial uncertainty:
- Homeowner Payment Help: Huntington can help customers
having difficulty making mortgage loan payments. For more
information, consumers can go to:
https://www.huntington.com/Personal/mortgage-education-tools/payment-help
- Auto Loan Payment Assistance: Huntington can help
customers having difficulty making auto loan payments. Customers
may contact the Installment Loan Customer Service Department at
(800) 445-8460, from 8 a.m. to 6 p.m.
Eastern Time Monday through Friday.
Huntington accounts are accessible 24/7 using ATMs,
huntington.com, online chat, telephone or the Huntington Mobile
app.
Important Fraud Reminder: Huntington will never ask
its customers to provide social security numbers, account numbers,
or passwords by phone, email, or text. Visit Huntington's Privacy
& Security page for more information. Customers who
suspect they have been victims of fraud, or have received
suspicious communication claiming to be from Huntington, may
contact Huntington at ReportFraud@huntington.com.
Huntington will closely monitor the pandemic and its effects,
and we will evaluate the need for additional measures to support
our customers, colleagues and communities. For additional
information about COVID-19, get the latest report from the CDC at
https://www.cdc.gov/ or your local health department website.
About Huntington
Huntington Bancshares Incorporated is a regional bank holding
company headquartered in Columbus,
Ohio, with $109 billion of
assets and a network of 868 branches, including 12 Private Client
Group offices, and 1,448 ATMs across seven Midwestern states.
Founded in 1866, The Huntington National Bank and its affiliates
provide consumer, small business, commercial, treasury management,
wealth management, brokerage, trust, and insurance services.
Huntington also provides vehicle finance, equipment finance,
national settlement, and capital market services that extend beyond
its core states. Visit huntington.com for more
information.
View original content to download
multimedia:http://www.prnewswire.com/news-releases/huntington-announces-immediate-financial-relief-measures-for-customers-affected-by-coronavirus-301026051.html
SOURCE Huntington Bancshares Incorporated