FILE - In this Nov. 2, 2020 file photo, a man walks past the boarded-up first floor windows of a Huntington Bank branch in Columbus, Ohio.
Huntington, with $120 billion in assets, outsizes TCF, which has assets of around $50 billion.
The TCF brand will be changed to Huntington, and Detroit's TCF Center will be renamed after Huntington in the coming years.
“We wanted to remain Detroit's hometown bank,” said TCF Financial CEO Gary Torgow, in an interview.
“We are going to be much better together,” said Huntington Bank CEO Steve Steinour, noting that Huntington, along with new markets, would also get access to TCF's equipment finance business and inventory finance businesses.