The increase impacts the institution’s suite of commercial and consumer banking products across its 21-state footprint. As a top 10 U.S. commercial bank with $284 billion in assets, Huntington’s rate adjustment serves as a bellwether for its diverse client base, ranging from individual consumers to middle-market businesses and municipalities. Founded in 1866, the bank maintains a network of over 1,400 branches, facilitating lending and wealth management services that are now pegged to this updated cost of borrowing.