Huntington recognized for
customer satisfaction and treasury management excellence
COLUMBUS,
Ohio -
Huntington Bank has won eight awards of excellence for small-business and
commercial middle-market banking from the financial services research firm
Greenwich Associates. This is the second year in a row customers have
recognized Huntington as a top bank nationally and regionally through Greenwich
Associates.
This year’s
awards praise Huntington’s continued commitment to overall customer
satisfaction and the delivery of superior treasury management capabilities that
help champion business success across the Midwest.
“We’re
grateful to our customers for recognizing Huntington in the Greenwich survey,”
said Huntington Chairman, President and CEO Steve Steinour. “As we continue
through the economic recovery, we’re committed to helping their businesses grow
and thrive. Small and middle-market businesses are a critical part of all of
our communities. Together they create the most new jobs and make our economy
strong.”
Specifically,
Huntington received national awards of excellence in small-business banking for
distinctive quality in “Personal Banking Satisfaction,” “Treasury Management
Overall Satisfaction” and “Likelihood to Recommend.” In the commercial
middle-market space Huntington received national awards of excellence for
distinctive quality in “Online Services,” “Treasury Management Customer
Service” and “Treasury Management Accuracy of Operations.”
Regionally,
Huntington stood out from its Midwest peers with awards of excellence in
small-business banking for distinctive quality in “Overall Satisfaction” and
“Treasury Management Overall Satisfaction.”
Only 34
middle market and 43 small business of more than 750 banks evaluated in the
Greenwich Associates study received national and regional recognition.
Greenwich Associates determined the results based on interviews with nearly
14,000 businesses with sales of $10 million to $500 million and more than
17,000 businesses with sales of $1 million to $10 million across the country.
Greenwich
Excellence Awards Methodology
Greenwich
Excellence Award winners were determined at a national level and in four
geographic regions: Midwest, Northeast, South, and West.
To
qualify for consideration for the national awards, each winning bank had to
have a minimum of 50 clients that responded to the study. To qualify for
regional awards, each winning bank had to have a minimum of 30 clients
responding in the region. To qualify for mid-corporate national awards, banks
had to have a minimum of 30 clients responding to the study.
Greenwich
Excellence Award selection is based on top box ratings on Greenwich Associates
five-point evaluation scale. The banks selected must receive a statistically
significant proportion of “Excellent” ratings relative to the overall mean (at
a 95 percent confidence level.).
Greenwich
Associates
Established in 1972, Greenwich Associates provides unique
high-quality market data and strategic consulting that helps the world’s
leading investment banks, commercial banks and asset managers, make smarter
business decisions.
About
Huntington
Huntington Bancshares Incorporated (NASDAQ: HBAN; www.huntington.com) is a $59 billion
regional bank holding company headquartered in
Columbus, Ohio. The Huntington National Bank, founded in 1866, and its
affiliates provide full-service commercial, small business, and consumer
banking services; mortgage banking services; treasury management and foreign
exchange services; equipment leasing; wealth and investment management
services; trust services; brokerage services; customized insurance brokerage
and service programs; and other financial products and services. The principal
markets for these services are Huntington’s six-state retail banking franchise:
Ohio, Michigan, Pennsylvania, Indiana, West Virginia, and Kentucky. The primary
distribution channels include a banking network of more than 700 traditional
branches and convenience branches located in grocery stores and retirement
centers, and through an array of alternative distribution channels including
internet and mobile banking, telephone banking, and more than 1,500 ATMs.
Through automotive dealership relationships within its six-state retail banking
franchise area and selected other Midwest and New England states, Huntington
also provides commercial banking services to the automotive dealers and retail
automobile financing for dealer customers.
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