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Wintrust Business Minute: Six Huntington Bank branches in Chicago area close
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Consolidation of branches is underway at Huntington Bank. Crain’s reports six Huntington branches are being shut down in the Chicago area, including two in Chicago, one in Arlington Heights, one in Oak Lawn and one in Lombard. The bank says it’s consolidating operations of branches with locations less than three miles away. Huntington Bank purchased TCF Bank in 2021. It has about $10 billion in deposits in the Chicago area. The branch closures will happen in January.
Also, snack food company Mondelez International based in Chicago is selling its stake in coffee brand JDE Peet’s. Listen for more below:
https://serve.castfire.com/audio/7001422/7001422_2024-10-22-213222.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Consolidation of branches is underway at Huntington Bank. Crain’s reports six Huntington branches are being shut down in the Chicago area, including two in Chicago, one in Arlington Heights, one in Oak Lawn and one in Lombard. The bank says it’s consolidating operations of branches with locations less than three miles away. Huntington Bank purchased TCF Bank in 2021. It has about $10 billion in deposits in the Chicago area. The branch closures will happen in January.
Also, snack food company Mondelez International based in Chicago is selling its stake in coffee brand JDE Peet’s. Listen for more below:
https://serve.castfire.com/audio/7001422/7001422_2024-10-22-213222.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Wildfire costs, job growth, Chicago Theater Week
.cls-7{fill:#fff;fill-rule:evenodd}
Chicago’s office vacancy in 2024 ends at record high
.cls-4{fill:#000;}
Hot job report, inflation risk, CES highlights
.cls-7{fill:#fff;fill-rule:evenodd}
Walgreens had a better first quarter than expected
.cls-4{fill:#000;}
Job openings, ‘vibecession,’ Movers for Meals
.cls-7{fill:#fff;fill-rule:evenodd}
Click for more
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