huntington bank

Business
8:48 am
Wed November 6, 2013

MEDC, Huntington Bank announce microlending program for small businesses

The Pure Michigan Micro Lending Initiative will focus on loaning money to small businesses in Michigan's urban centers.
Credit Joy VanBuhler / Flickr

The Pure Michigan Micro Lending Initiative will begin with $5 million from Huntington Bank to small local businesses in Detroit. The bank has also pledged $25 million to expand the program across the state in the next five years.

The program is a partnership between the Michigan Economic Development Corporation, Huntington Bank,  the Detroit Development Fund and the Snyder administration. It will provide loans to small businesses anywhere from $500 to $50,000 dollars.

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Economy
4:39 pm
Thu July 11, 2013

Arab-American group sues bank for closing accounts based on race, religion

Credit wikipedia.org

The Arab-American Civil Rights League says hundreds of Arab-Americans received letters from Huntington Bank this year explaining that their accounts have been closed, shut down or terminated.

No reason was given for closing the accounts, and no other link exists between the private and business account holders, except that they are all Arab-American owned accounts.

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