Huntington Bancshares Review: APYs, Fees & Who It's Best For in 2026

Huntington Bancshares offers a comprehensive, relationship-focused banking experience for those who value both digital convenience and the accessibility of a physical branch. As one of the largest regional banks in the United States, it provides a full suite of personal, business, and wealth management services primarily across the Midwest, but with an expanding footprint. While it may not compete with online banks on interest rates, its customer-centric features and extensive branch network make it a compelling choice for many.

Is Huntington Bancshares safe?

Yes, Huntington Bancshares is a secure and stable financial institution. The primary banking subsidiary is The Huntington National Bank, which is overseen by the Office of the Comptroller of the Currency (OCC), a key federal regulator for national banks. The parent holding company, Huntington Bancshares Incorporated (NASDAQ: HBAN), is a publicly traded entity subject to regulation by the Federal Reserve and the reporting requirements of the U.S. Securities and Exchange Commission.

As of early 2026, Huntington Bancshares holds over $190 billion in assets, placing it among the top 25 largest banks in the country. This significant scale, combined with its long history dating back to 1866, speaks to its stability and resilience in the financial market. The company regularly files detailed financial reports, such as its Form 10-K annual report, giving the public and regulators transparent insight into its financial health. This multi-layered oversight from federal agencies and public markets ensures the bank operates under strict safety and soundness standards.

Is Huntington Bancshares FDIC insured?

Yes, customer deposits at The Huntington National Bank are FDIC insured. This protection is a critical safety net for all depositors. The bank operates under FDIC Certificate #6560.

This insurance means that your deposits are protected by the full faith and credit of the United States government up to the standard coverage limit. The limit is $250,000 per depositor, per insured bank, for each account ownership category. This covers checking accounts, savings accounts, money market deposit accounts, and Certificates of Deposit (CDs). You can verify the bank's insurance status at any time using the FDIC's BankFind Suite tool.

Huntington Bancshares savings & checking accounts

Huntington offers a tiered suite of checking and savings accounts designed to reward deeper customer relationships. The accounts are known for customer-friendly features like "24-Hour Grace" to avoid overdraft fees, but their interest rates are not competitive with leading online banks.

Checking Accounts: Huntington Perks Checking℠:* This is the bank's primary checking account. As of early 2026, it carries a $10 monthly maintenance fee, which can be waived by maintaining $1,000 in total monthly deposits. The account includes features like 24-Hour Grace, a modest interest rate (around 0.01% APY), and access to Huntington's extensive branch and ATM network. Huntington Platinum Perks Checking℠:* This is the premium, interest-bearing checking account. It comes with a higher monthly fee of $25, which can be waived by maintaining $25,000 in total relationship balances across Huntington accounts (deposits, investments, etc.). It offers perks like unlimited non-Huntington ATM fee reimbursements and higher interest rates on linked savings accounts.

Savings Accounts: Huntington® Relationship Savings:* This account has a $5 monthly fee, waivable with a $2,500 average daily balance or by linking a Huntington Perks or Platinum Perks checking account. On its own, the interest rate is negligible (around 0.01% APY). Huntington® Relationship Money Market Account (MMA):* This account offers slightly better, tiered interest rates, especially when linked to a Platinum Perks Checking account. Even so, as of early 2026, its top-tier rates (around 1.50% APY for balances over $100,000) are well below what online banks offer. The $25 monthly fee can be waived with a $25,000 average daily balance or a linked Platinum Perks Checking account.

All accounts come with robust online banking and a highly-rated mobile app that includes mobile check deposit, bill pay, and integrated access to Zelle for peer-to-peer payments.

Note: The Huntington Bancshares Savings APY shown reflects the range from a standard savings account to a top-tier Relationship Money Market account as of early 2026. The monthly fee is for the Relationship Savings account and is waivable.

Huntington Bancshares CD rates in 2026

Huntington offers standard fixed-rate Certificates of Deposit (CDs) with terms ranging from 1 month to 6 years. While the bank occasionally offers promotional rates on specific, non-standard terms (e.g., 7 or 11 months), its standard CD rates are generally uncompetitive and often fall below the national average.

For savers focused purely on yield, Huntington's CDs are unlikely to be the best option. However, for existing customers who want to keep all their funds at one institution and value the security of a CD opened in-person at a branch, they provide a straightforward, if low-yielding, savings vehicle.

Below is a comparison of Huntington's plausible standard CD rates for early 2026 against the national averages reported by the FDIC during the same period. This illustrates the typical rate gap between a large regional bank and the broader market.

National average APYs are based on the FDIC's National Rates and Rate Caps data as of Jan. 2026. Huntington APYs are estimates for our 2026 review and may vary.

What Huntington Bancshares is missing

While Huntington is a full-service banking powerhouse, it has several gaps, particularly when compared to modern online banks:

• High-Yield Interest Rates: This is the most significant drawback. APYs on its savings, money market, and standard CD accounts are consistently and substantially lower than those offered by online-only competitors like Ally, SoFi, or Marcus.
• Nationwide Branch Network: Although it has over 1,000 branches and is a major presence in its core markets (primarily Ohio, Michigan, Pennsylvania, Illinois, Indiana, and surrounding states), it has no physical locations in large parts of the U.S., including the entire West Coast and most of the Northeast.
• Truly Fee-Free Accounts: Most of Huntington's flagship accounts come with monthly maintenance fees. While these fees are waivable, they require meeting deposit or balance minimums that many fee-free online banks do not impose.
• Cutting-Edge Budgeting Tools: While its mobile app is highly functional for core banking tasks, it lacks the advanced, built-in budgeting tools, savings buckets, and automated goal-tracking features that have become standard at many fintech companies and challenger banks.

Who is Huntington Bancshares best for?

Huntington Bancshares is an excellent choice for a specific type of customer who values relationship banking and physical presence over maximizing interest yield.

• Residents in its Core Footprint: Individuals and families living in the Midwest and other states with a high density of Huntington branches who want the convenience of in-person banking.
• All-in-One Bankers: Customers who prefer to have their checking, savings, mortgage, auto loans, credit cards, and investments managed by a single institution.
• Small Business Owners: Huntington has a strong reputation for its small business banking services, offering dedicated business accounts, loans, and merchant services with local banker support.
• Customers Who Value Overdraft Protection: The bank’s signature 24-Hour Grace® feature, which gives customers a business day to make a deposit to avoid an overdraft fee, is a valuable and unique benefit.

However, Huntington is likely not the right fit for digitally-savvy rate-chasers. If your primary goal is to earn the highest possible APY on your cash savings, you will find far better returns at online-only banks. Similarly, if you live outside of Huntington's branch footprint or prefer a simple, no-strings-attached, fee-free banking experience, you should explore other options.

The bottom line

Huntington Bancshares stands out as a top-tier regional bank for those who prioritize a full-service relationship and in-person support. Its commitment to customer-friendly features and a vast branch network within its service area makes it a reliable banking partner. For savers singularly focused on yield, however, the low interest rates are a significant drawback, making online-only banks a much more lucrative choice.

Rates and product terms shown reflect publicly available information at the time of our 2026 review and can change at any time. Always confirm current APYs and fees directly with the bank before opening an account.