A major Midwest bank is expanding its presence in the Houston area with the launch of a new commercial banking team.

Huntington National Bank launched a new commercial banking team in Houston on Monday, continuing its Texas expansion.

The Ohio-based bank said it's consolidating operations of those branches with locations less than three miles away.

Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.

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