Huntington National Bank is a traditional bank that has over 920 locations across primarily the Midwest. This bank is known for being the 2nd largest small business loans originator. In its home city of Columbus, Ohio, Huntington National Bank has built up a solid reputation for their commitment to the community. They give back to the community through supporting a variety of non-profits as well as focusing efforts for financial literacy and affordable housing. You can take advantage of both online convenience and the benefits that you get from a traditional bank option.
This is a company that is doing whatever they can to help people during this pandemic crisis. This includes helping out with more than just your mortgage payments. One way that they help is through their Consumer Payment Deferral program. Huntington National Bank is offering people who are struggling with COVID-19 hardship right now the ability to defer payments for up to 90 days for any consumer loans that someone has with their bank. You should be aware that with this deferral, any interest will accrue during this time. While this is the case, you don’t have to worry about being in a “catch up” scenario where you are required to pay a lump sum of money back.
Huntington National Bank will work with you through the process to extend the term of your loan or find some other modification that will work best for your needs. If you have a federally backed mortgage with Huntington National Bank, there will be forbearance options that are consistent with those outlined in the CARES Act. They also offer additional help for their customers through the Economic Impact Payment Fee Waivers, Credit Card Payment Assistance, and Suspension of Savings Transfer Limits. With the Economic Impact Payment Fee Waivers, the bank will wave fees such as the ATM fees, overdraft fees, and the monthly maintenance fee. You will notice this listed on your bank statements as “Free Refund”. You can request a deferral on your credit card payments with Huntington National Bank, which will also help you to find some financial relief during this unprecedented time.
Another major way this bank is helping is by through their Suspension of Savings Transfer Limits. The Federal Reserve Board recently made it easier for people to transfer money when they need to by removing any limits on any allowable transfers or withdrawals. The purpose is to allow you access to your money when you need it, without worrying about transfer limits.
If you want to contact the bank to see what your options are for your mortgage during this crisis, you can contact 1-800-323-9865. They will be available at this number Monday-Friday from 8am to 9pm ET and Saturday from 8am to 1pm. You can also contact someone online or find the answers to any questions that you may have by visiting this page. Huntington National Bank stands with their customers during these very trying times, giving them as much help as they can to get them through this difficult period.