News Summary

Huntington Bancshares has closed its merger with Veritex Holdings, marking a significant milestone in the Texas banking landscape. With combined assets of approximately $223 billion, this merger expands Huntington’s presence in Texas and enhances its ability to serve customers. The addition of 31 branches from Veritex increases their total to over 1,000 branches. Former Veritex CEO C. Malcolm Holland III will take on a new role to aid in the transition, and both companies are committed to providing improved products and services amid this change.

Big News for Texas Business: Huntington Bancshares Merges with Veritex Holdings!

Dallas, Texas – If you’ve been paying attention to the banking scene, you might already know that as of October 20, 2025, Huntington Bancshares Incorporated has officially closed its merger with Veritex Holdings, Inc. This exciting merger marks a significant milestone in the Texas business landscape.

What Does This Mean?

Veritex Holdings is a well-known bank holding company based in Dallas, Texas, and this acquisition is more than just a formal handshake. Huntington is looking to accelerate its growth initiatives in Texas, focusing on key areas like Dallas-Fort Worth and Houston. This merger is set to enhance Huntington’s presence in the state, allowing them to better serve customers and businesses alike.

A Giant Among Banks

Let’s talk numbers! With this merger, the newly formed entity boasts approximately $223 billion in combined assets. Wow! That includes $176 billion in deposits and $148 billion in loans as of September 30, 2025. These figures place Huntington among the top ten regional bank holding companies in the U.S., asserting its authority in the banking sector.

Branch Network Expansion

Huntington isn’t just stopping at numbers. They are adding 31 branches from Veritex to their already thriving network, bringing the total number of branches to over 1,000. If you’re a customer or considering banking with them, this means more convenient locations to serve your banking needs. Plus, Huntington has vowed to maintain and invest in Veritex’s existing branch network, ensuring that you continue to have access to the services you need.

New Leadership Roles

C. Malcolm Holland III, the former president and CEO of Veritex, will step into a non-executive position as the Chairman of Texas at Huntington. This change in leadership is expected to smooth out the transition and bring along valuable insights to enhance banking services in Texas.

Enhanced Products and Services

Both companies are committed to providing enhanced products and services to their customers while keeping existing branches operational. This commitment signals a bright future for Texas residents who depend on reliable banking options.

What’s Next for Customers?

If you’re already banking with Veritex, don’t worry! The transition of Veritex customer accounts to Huntington’s systems is scheduled for the first quarter of 2026. Customers will be kept in the loop with detailed information in advance, ensuring a seamless transition. Plus, there will be no impact on existing Huntington customers during this account transition phase.

A Strong Foundation in Texas

Huntington has a strong history in Texas, having served customers in the area since 2009. The bank has carved out a niche by focusing on middle-market business banking, and their recent accolades prove their dedication. They were recognized as the #1 Small Business Administration (SBA) lender in Texas in 2024, highlighting their commitment to supporting local businesses.

The Bottom Line

Texas is in for some exciting changes in the banking sector! With Huntington Bancshares merging with Veritex Holdings, customers can look forward to a wider array of financial services and locations. It’s a win-win for everyone involved in the Lone Star State’s bustling economy. Keep an eye out for more developments as Huntington continues to grow and evolve, making banking even better for Texans!

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Author: STAFF HERE DALLAS WRITER

The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.