Huntington Bank investing more than $21.1 million

Jackson, Miss. (Oct. 07, 2026) – The Huntington National Bank, or Huntington, is investing more than $21.1 million to renovate its data and information processing operations center in Tupelo.

The project includes interior renovations on all three floors of Huntington’s Tupelo facility, exterior modifications designed to increase natural light, expanded parking and infrastructure upgrades. Additional improvements include electric vehicle chargers, solar panels, upgrades to the facility’s water and elevator systems and a new entrance.

The Mississippi Development Authority is providing assistance with site preparation and construction costs, along with support through the Mississippi Flexible Tax Incentive, or MFLEX, program. The city of Tupelo and Lee County also are assisting with the project.

Huntington is a top 10 U.S. commercial bank serving consumers, businesses, corporations, municipalities and other organizations across the Midwest, South and Texas, with some businesses operating nationally. In February 2026, Huntington completed its partnership with Cadence Bank, a regional bank headquartered in Houston and Tupelo. The partnership expanded Huntington’s presence across Texas and the South, adding more than 390 branches and bringing Huntington’s total branch network to nearly 1,400 locations across 21 states.

Huntington is the principal banking subsidiary of Huntington Bancshares Incorporated, headquartered in Columbus, Ohio.

Huntington expects to complete the renovations by mid-2027.

QUOTES

"Before entering public service, I spent my career in finance, so I understand the importance of Huntington’s decision to invest more than $21 million in its Tupelo operations center. Tupelo has a long history in the financial services industry, and this investment positions the facility to serve Huntington well into the future while helping ensure the city remains an important center for financial services.” – Gov. Tate Reeves

“Huntington acquired a major operation in Tupelo, and now the company is putting more than $21 million into modernizing a location that has the infrastructure and capabilities to support a major financial institution. MDA works to make sure companies have every reason to put capital to work in Mississippi, and this project does just that by bringing substantial private investment into an existing corporate operation in Tupelo.”  –  Mississippi Development Authority Executive Director PJ Waldrop

“Huntington’s investment in Tupelo reflects our broader commitment to Mississippi and to the colleagues and communities that are central to how we operate. Tupelo has long been home to a highly skilled operations team, and this project gives our colleagues the modern workplace and tools they need to continue delivering exceptional support for our customers. We’re proud to move this work forward with state and local partners who understand the long-term value of keeping this important operation strong in Mississippi.” - Joseph Moss, Mississippi Regional President, Huntington

“This is a significant capital investment in the Tupelo operations and will create an opportunity for more growth into the future.” – Skipper Holliman, Chairman, Community Development Foundation

###

About Mississippi Development Authority

Mississippi Development Authority is the state’s lead economic and community development agency. MDA focuses on new business recruitment, existing business expansion, workforce training and tourism promotion. For more information, go to mississippi.org.