Huntington Bank Launches Money Scout To Help Their Customers Find Extra Savings

To help address the issue of people needing to save money Huntington Bank launches Money Scout to help their customers find extra savings

Below, you can learn about what Money Scout is!

About Huntington

Huntington Bancshares Incorporated is a regional bank headquartered in Columbus, Ohio. They have $118 billion in terms of assets and have a network of 839 full-service branches. These facilities include 12 private client group offices and 1,344 ATMs across seven states.

Huntington provide a variety of consumer and business accounts for all their clients, they also provide vehicle finance, equipment finance, national settlement, and capital market services.

Be sure to check out Huntington checking accounts.

Huntington Money Scout

There is a critical need for people to save be able to save money. Huntington has announced a new way to save through Money Scout which is the evolution of the Hub.

Money Scout is an automatic savings tools that scans customer accounts and looks for money they can help you set aside for a rainy day. Huntington developed Money Scout to create savings solution in order to make life easier for all their clients.

Money/Finances are the top stressors for people even before COVID-19. Using predictive technology Money Scout analyzes spending habits, income, and upcoming expenses.

Tips and Insights For Better Management

There are a variety of ways to better save such as:

• Create a Budget:
  • Input income and expenses and use a budget calculator to do the math
• Pay Down Debt:
  • Pay your debts with the higher interest first even if you have to pay smaller debts
• Create an Emergency Fund:
  • Keep extra savings in order to use it on a rainy day
• Huntington Money Know-How:
  • This allows you to build financial financial knowledge in order to best make financial decisions

Author’s Verdict

Huntington hopes to address an issue people face on a daily basis. The Money Scout app hopes to make things easier.

Hopefully the above information helps you understand Huntington’s Money Scout app better.

Also be sure to check out our own lists of bank promotions and CD tables!

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