Fifth Third Bank

Fifth Third Takes Actions to Care for Customers and Employees

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Fifth Third is taking action to support its employees and customers, ensuring business continuity throughout the quickly-evolving health and economic environment.

Fifth Third Expands Down Payment Assistance to $7,500 for Qualified Buyers

Bank provides an affordable path to home ownership
Press Release

CINCINNATI, March 9, 2020 /3BL Media/ – Fifth Third Bank, National Association, today announced an expansion to its Down Payment Assistance program that will now help pay up to $7,500 toward a down payment and closing costs for qualified buyers.* The program provides an affordable option for low-income families and those purchasing homes in low-income communities.*

“We want to help build strong communities,” said Chris Shroat, head of Fifth Third Mortgage. “We know that making purchasing an affordable home achievable is one of the best ways we can help improve our neighborhoods.”

Fifth Third Accelerates Small Business Loans and Lines of Credit

Bank introduces Fifth Third Fast Capital to increase speed from application to funding
Press Release

CINCINNATI, March 6, 2020 /3BL Media/ - Fifth Third Bank, National Association, announced today that it is making it easier for small business owners to apply for loans and lines of credit.* Fifth Third Fast CapitalTM will offer a simple application and, in most cases, approvals will be made within minutes. Funding is available to customers in as little as one business day.

Fifth Third Hosts ‘The Continual Struggle’ Art Exhibit During Black History Month

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To kick off Black History Month, Fifth Third Bank’s Inclusion and Diversity team in February hosted a Chicago exhibit of art by Brian Washington. Washington, who also is an award-winning attorney, arts advocate and thinker, is a self-taught artist who specializes in works that depict the civil rights movement and American society. The exhibit featured more than 20 selections from Washington’s ongoing series “The Continual Struggle.”

Fifth Third’s African American Business Resource Groups Celebrate Black History Month

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During February, Fifth Third Bank employees across the Bank’s 10-state footprint hosted a variety of celebrations and events to celebrate Black History Month. Most were organized through Fifth Third’s African American business resource groups.

Fan Wins $24k in Surprise Loan Payoff From Fifth Third Bank

Bank teams with Cincinnati Bengals on student debt contest
Article

Last fall, Fifth Third teamed up with the Cincinnati Bengals to host the 53 Yard Drive Contest to help drive down student debt. On Feb. 13, the grand prize winner, Tony Marquardt, was surprised at his Ohio home by Bengals mascot Who Dey, the Ben-Gals and Bengal running back Giovani Bernard with a check for more than $24,000 for this cause.

Fifth Third Bank Funds $70,000 in Finance Academy Scholarships

Blog

Fifth Third Bank congratulates Kennedy Boler, an Indianapolis high school student, whose winning essay netted her a $2,500 Fifth Third Finance Academy scholarship. Fifth Third celebrated with Boler and her fellow Finance Academy students on January 30. Each year, Fifth Third funds $70,000 in Finance Academy scholarships to be used for higher education.

Fifth Third to Present at GreenBiz 20 Conference Hosted by Renewable Energy Buyer’s Alliance on February 4-6

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Fifth Third’s Director of Environmental Sustainability Scott Hassell will take part in a tutorial panel at the GreenBiz 20 conference presented by the Renewable Energy Buyer’s Alliance (REBA). Hosted in Phoenix, Arizona, the conference is from February 4-6, 2020.  The tutorial, “Developing Your Renewable Energy Procurement Strategy,” is February 4 from 8:30 a.m. until 12 p.m. and includes leaders from Fifth Third, General Motors and McDonald’s.  

Fifth Third’s Dobot Helps Consumers Save in New Year

Free App Encourages Starting ‘Future Me’ Fund, Adds Group Saving
Press Release

CINCINNATI, January 31, 2020 /3BL Media/ - Dobot, Powered by Fifth Third, is encouraging people to start the year saving for a $500 “Future Me” fund. To encourage people to put aside $20 a week toward the fund, the app will offer monthly challenges.

“Few Americans have enough saved for unexpected expenses or emergencies,” said Andy Zurcher, who oversees Fifth Third Bank’s Dobot app. “We want to help them create a safety net and become more resilient. We want them to save for their future selves.”

Fifth Third Bank Announces Chicago-based Decennial Group as Partner for $30 Million Investment in Opportunity Zones

Bank also commits $20 million with Fallbrook Multifamily as partner
Press Release

CHICAGO, January 29, 2020 /3BL Media/ — Fifth Third Bank, National Association, announced today that Chicago-based Decennial Group will serve as a partner to help it invest $30 million in Qualified Opportunity Zones as part of its $100 million commitment announced last Friday. The funds will be used to develop projects in low-income urban and rural communities within the Bank’s footprint. The $100 million investment by Fifth Third Bank represents one of the largest made by an institution with a social impact investment strategy in Opportunity Zones.

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