Fifth Third Bank

Fifth Third Bank Commemorates Juneteenth 2022

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On June 17, 2021, legislation was signed into law making June 19 – Juneteenth – a federal holiday. Juneteenth marks the day in 1865 when federal troops arrived in Texas to share news of the 1862 Emancipation Proclamation, putting an end to slavery in the United States and freeing the last enslaved people. As the holiday falls on a Sunday this year, Fifth Third offices and banking centers will be closed June 20 in observance.

Paloozanoire Announces Third Annual Juneteenth Block Party in Cincinnati on June 17 in Partnership with Fifth Third Bank and The Cincinnati Reds

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The Juneteenth Block Party presented by Paloozanoire returns to Cincinnati’s The Banks on Friday, June 17 from 4-11 p.m. Fifth Third Bank is the title sponsor and The Cincinnati Reds are the operational partner. 

Event activities include:

Rent vs Buy: Fifth Third Bank Supports American Dream Of Homeownership, Offers Tips for Renting Versus Buying

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Should you rent or should you buy? There are a variety of factors to consider.

As a rule of thumb, if you’re planning on staying for the next 5-7 years, then buying a home may be a better long-term solution. On the other hand, if you’re thinking about moving in the near future, renting may be the better choice.

New Fifth Third Mortgage Program Offers $1,000 Toward Closing Costs for VA, FHA, 203K, USDA Mortgages

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CINCINNATI, June 25, 2022 /3BL Media/ - Fifth Third Bank, National Association, is committed to improving and strengthening communities. To support affordable housing options, Fifth Third has announced it will pay $1,000 toward closing costs for VA, FHA, 203K and USDA Owner Occupied Purchase and REFI loans. This will lower the amount of cash needed for close and can be combined with other down payment assistance programs. This program is available until Nov. 15 across Fifth Third’s customer footprint.

Fifth Third To Present at Bank Director Conference

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Fifth Third Bank’s Chief Sustainability Officer Mike Faillo will be presenting at Bank Director’s Bank Audit & Risk Committees Conference this week in Chicago. Faillo will appear as part of a panel discussion on June 15 titled, “How Banks Are Stepping Up Their ESG Plans.”

Fifth Third Bank Kentucky Hosts Block Party in Russell

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Fifth Third Bank Kentucky hosted a Summer Kick-off Block Party in partnership with Park DuValle Community Health Center and the American Heart Association on Saturday, May 14 from 9 a.m. to noon in Russell, one of the communities supported through its $180 million Empowering Black Futures Neighborhood Program.

Fifth Third Employees Claim Tree Saplings, Plant Trees in Honor of Arbor Day

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Arbor Day celebrates the importance of trees and encourages Americans to plant them. In honor of the day, Fifth Third Bank gave away 400 bur oak and pin oak seedlings April 28 to employees at its Madisonville Campus and downtown Fifth Third Center in Cincinnati where Fifth Third is headquartered.

Trees help filter our air and water, slow climate change, foster biodiversity and enhance our communities. Bur oak and pin oak trees thrive in Ohio’s climate, reaching 60 to 70 feet in height. Fifth Third planted three of the seedlings on its Madisonville campus in Cincinnati.

Fifth Third and Its Employees Rally To Support Ukraine

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As war broke out in Ukraine, the Fifth Third Foundation and the Bank’s employees rallied to support the individuals and families who were impacted. It wasn’t just their buildings, their economy and their infrastructure that was under attack; their very lives were at stake. Unfortunately, they still are.

ICYMI: Fifth Third To Raise Minimum Hourly Wage to $20 on July 4

Along with additional midyear merit increase, Bank raising compensation of more than 40% of its employees
Press Release

May 26, 2022 /3BL Media/ - Fifth Third Bancorp announced on April 19, 2022 that it will raise its minimum wage to $20 per hour beginning July 4. Concurrently, the Bank will provide a wage adjustment for its first four job levels that are above the Bank’s new minimum wage. In total, more than 40% of the Bank’s workforce will receive a midyear compensation increase.

ICYMI Fifth Third's New Operational Sustainability Goals

Establishes Sustainability Office and appoints Mike Faillo as Chief Sustainability Officer
Press Release

CINCINNATI, May 27, 2022 /3BL Media/ - Fifth Third today announced six new operational sustainability targets to be achieved by 2030. These targets build upon the Bank’s initial five goals set in 2017, which established the foundation for Fifth Third to reduce the environmental impact in its own operations. The 2017 goals were to purchase 100% renewable power and to reduce its energy use, greenhouse gas emissions, water use and waste sent to landfills by 2022.

Fifth Third’s new and enhanced operational sustainability targets for 2030 are:

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