Huntington launches Money Scout
Huntington Bank, the regional bank holding company headquartered in Columbus, Ohio with $118 billion of assets and a network of 839 full-service branches, has launched Money Scout, an automatic savings tool that scans customers’ accounts and looks out for money they can set aside.
Money Scout analyzes spending habits, income, and upcoming expenses to find money customers aren’t using in their checking accounts – from $5 to $50 – then moves it to savings, automatically. Money Scout notifies customers when the money moves, and customers can pause, stop or reverse transfers at any time.
Huntington also offers a range of insurance products through its licensed agency Huntington Insurance, Inc.
“At Huntington, we’re committed to looking out for people, and Money Scout allows us to proactively do so. We’re always looking for ways to make our customers’ lives easier, and we’re excited to offer a tool that makes it easy to build or rebuild their savings. We’re doubling down on creating solutions to make it easier for customers to save and build confidence knowing they can achieve any goal, big or small. Money Scout is the perfect digital tool to build savings and lay the groundwork for longer-term financial health.” – Andy Harmening, Huntington’s director of Consumer and Business Banking.