Education is the key to success—it’s a belief that Fifth Third upholds through its delivery of financial empowerment programming throughout its states of operation. The Fifth Third Finance Academy has reached nearly 524,000 students since the beginning of the program. More than half of the students reside in a low- to moderate-income community.
As part of its delivery of Fifth Third Finance Academy, Fifth Third distributes scholarships to deserving high school students for higher education. The Bank has distributed over $237,500 in scholarship funds since the launch of the program. The student winners participated in an essay contest where they detailed how their experience with Finance Academy helped them prepare for their future endeavors.
High school students within Fifth Third Bank’s footprint have completed 1.2 million hours of learning through the Bank’s Finance Academy program, powered by Everfi. Fifth Third delivers this program at no cost to high school students, over 50% of whom reside in low- to moderate-income communities. When the COVID-19 pandemic hit, Fifth Third and Everfi opened access to the online courses so that more students could access the valuable information.
Alandes Powell, vice president and business controls manager at Fifth Third Bank, has worked in the banking and financial services industry for nearly 30 years. Powell was recently named a UC Health 2021 Martin Luther King Jr.
Grants Made Available Through Innovation Meets Main Street Program
CINCINNATI, March 23, 2021 /3BL Media/ - The Fifth Third Foundation today announced the recipients of $1.2 million in grants for Black, woman-owned businesses and the organizations that serve them through the Innovation Meets Main Street: Boosting Black, Woman-owned Businesses program, which was announced in September 2020.
Fifth Third Bank actively promotes inclusion and diversity through nearly 70 regional business resource groups overseen by inclusion councils in each of the Bank’s 14 regions. The Bank also offers eight virtual Enterprise Business Resource Groups led by Enterprise committee executives. More than 4,000 employees take part in the in-person regional BRGs.
Take a deeper look into tax credits, grants, and subsidies offered to commercial real estate developers by the government to help stimulate economic growth.
Commercial real estate developers with an interest in economic and community development can tap into multiple sources of support. Federal, state and local governments offer tax credits, grants, and subsidies that aim to stimulate economic growth, often in overlooked communities.
Public companies have a responsibility to deliver long-term sustainable value, but the definition of that value has evolved beyond a return on investments for institutional and individual investors. The definition today is greatly expanded to include environmental, social and governance matters, or ESG. In 2019, Fifth Third Bank, a top 10 regional bank headquartered in Cincinnati, determined to be a top quartile performer in terms of ESG reporting.
Recognition honors companies who understand the importance of leading, making hard, values-based decisions, and their overall commitment to integrity
CINCINNATI, February 24, 2021 /3BL Media/ - Fifth Third Bank, National Association (Nasdaq: FITB) has been recognized by Ethisphere, a global leader in defining and advancing the standard of ethical business practices, as one of the 2021 World’s Most Ethical Companies. Today’s announcement marks the second time Fifth Third has been recognized by Ethisphere in the “banks” category.
Fifth Third Bank has long emphasized diversity and inclusion, and in December the Bank announced a $2.8 billion investment to accelerate racial equality, equity and inclusion. Although the plan focuses on creating equitable outcomes for all, it has a specific emphasis on Black Americans, including Fifth Third’s employees, customers and communities.