Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: March 1, 2005

For immediate release

The Federal Reserve Board on Tuesday announced the execution of a Written Agreement by and between Huntington Bancshares Incorporated, Columbus, Ohio, a bank holding company, and the Federal Reserve Bank of Cleveland.

The Written Agreement addresses deficiencies relating to the company's corporate governance, internal audit, risk management and internal controls over financial reporting, accounting policies and procedures, and regulatory reporting.

In a separate, coordinated action, the Office of the Comptroller of the Currency announced the execution of a formal agreement with Huntington National Bank, Columbus, Ohio, a wholly owned subsidiary of Huntington Bancshares Incorporated.

A copy of the Written Agreement is attached.

Attachment (279 KB PDF)

2005 Enforcement actions

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Last update: March 1, 2005