Huntington Bancshares, TCF Financial Agree To Combine In All-stock Merger WASHINGTON (dpa-AFX) - Huntington Bancshares Inc (HBAN), the parent company of The Huntington National Bank, and TCF Financial Corp (TCF), the parent company of TCF National Bank, agreed to combine in an all-stock merger with a total market value of about $22 billion with dual headquarters in Detroit, Michigan and Columbus, Ohio. The merger is expected to close in the second quarter of 2021. Under deal terms, TCF will merge into Huntington, and the combined holding company and bank will operate under the Huntington name and brand following the closing of the transaction. The combination expands the Huntington footprint to include Minnesota, Colorado, Wisconsin, and South Dakota, and deepens its presence in Chicago.