Huntington Bank Completes Merger with Veritex, Enhancing Texas Footprint in Banking Services

Huntington Bank and Veritex Merger: A New Era in Texas Banking

In a significant development for the banking sector, Huntington Bancshares Incorporated has announced the successful completion of its merger with Veritex Holdings, Inc. This strategic move not only deepens Huntington’s commitment to Texas but also positions the bank as a strong player in the fast-growing market of the state.

The merger, finalized in October 2025, is a pivotal step for Huntington as it aims to enhance its operations in the Texas market, particularly in the Dallas-Fort Worth and Houston areas. Steve Steinour, the Chairman, President, and CEO of Huntington, expressed his enthusiasm regarding the merger, stating, "We are pleased to announce the completion of our combination with Veritex and look forward to welcoming our new colleagues and customers across Texas to Huntington. This combination will serve as a springboard for substantial future growth in Texas."

With this merger, the combined entity now boasts approximately $223 billion in assets, $176 billion in deposits, and $148 billion in loans, demonstrating the significant scale and financial robustness of the new bank. This merger will result in a branch network that exceeds 1,000 locations, a remarkable achievement that enhances accessibility and customer service.

Veritex Holdings, known for its strong community involvement and customer service reputation, complements Huntington's operations perfectly. C. Malcolm Holland III, President and CEO of Veritex, is stepping into a non-executive role as Chairman of Texas at Huntington. He emphasized the collaborative spirit of this merger, stating, "Today marks a defining moment for Veritex and Huntington as we officially come together to create a stronger, more dynamic bank. This combination is the beginning of a new chapter built on shared values, expanded capabilities, and a deep commitment to our customers and communities."

Huntington has been successfully operating in Texas since 2009, where it provides a variety of middle-market business banking solutions. Notably, Huntington has been recognized as one of the largest Small Business Administration (SBA) 7(a) lenders, securing the top position in Texas in 2024. The bank currently employs around 200 people in Texas, supported by strong local leadership committed to the communities they serve.

The Texas market is known for its rapid growth and dynamic economy. Brant Standridge, President of Consumer Regional Banking at Huntington, acknowledged the potential for further expansion, stating, "Texas is one of the most dynamic and fastest-growing economies in the country. We are grateful for the opportunity to strengthen our long-term commitment to the state and bring our capabilities to more individuals, families, and businesses across Texas."

For existing customers of both Huntington and Veritex, operations will proceed as usual at their current branches. The integration of Veritex customer accounts into Huntington's systems is scheduled for the first quarter of 2026. Customers will receive detailed communications regarding any changes, ensuring a smooth transition without impacting the current banking experience of Huntington customers.

Huntington Bancshares Incorporated has roots dating back to 1866 and has evolved into a comprehensive financial service provider, offering an array of banking, payments, wealth management, and risk management products and services. The bank remains focused on delivering exceptional service while pursuing growth opportunities across its network.

As the merger unfolds, customers can anticipate enhanced services and a broader range of financial products, ensuring that Huntington remains at the forefront of banking in Texas. The combined expertise of both institutions promises a brighter future for customers and communities alike.