(CBS DETROIT) – Huntington and TCF Bank will have to sell off 13 bank branches if they want to complete their merger.
The latest order from the Justice Department is meant to address anti-trust concerns, once both Michigan banks merge.READ MORE: Ribs RnB Music Festival Kicks Off This Weekend In Downtown Detroit
Those 13 locations are all TCF branches, which it plans to sell to horizon bank.READ MORE: Judge Says Michigan Gov. Whitmer Won't Have To Testify In Abortion Lawsuit
This is already on top of the 198 bank closures between TCF and Huntington.
Their merger is expected to finish by the end of the year.MORE NEWS: MDHHS Lifts No-Contact Recommendation In Huron River Chemical Spill
© 2021 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.