Lansing, MI – Huntington Bank and Michigan Governor Gretchen Whitmer have announced a $5 billion, five-year lending, investment and philanthropic commitment to help improve financial opportunities for Michigan businesses, consumers and communities.
Huntington’s 2020 Community Plan will invest in small businesses, with a special emphasis on those owned by minorities, women and veterans.
The bank is expanding lending programs and educational services to support increased home ownership by minority and low- to moderate-income borrowers throughout the Midwest. Their commitment will enable greater opportunities for first-time home buyers, improve housing security for financially distressed consumers, and create generational wealth building through home ownership.
In the next several months, the bank will announce specific initiatives to take action to meet the changing needs of Michigan’s communities.
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