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ALPENA, Mich. — Huntington Bank and TCF Bank have announced that the two companies will execute a merger, finalizing after the second quarter of 2021.

Both banks will be operating under the Huntington name and brand following completion. TCF Bank and Huntington Bank both currently serve the Alpena area. The deal is an all-stock merger that will create a top 10 U.S regional bank worth approximately $22 billion.

The second quarter of 2021 commences in June, and the merger is expected to have been completed by then.