Fifth Third Bancorp Increases Its Prime Lending Rate to 4.75 Percent
March 21 2018 - 05:17PM
Business Wire
Fifth Third Bancorp (Nasdaq: FITB) announced that it is
increasing its prime lending rate to 4.75 percent, effective
immediately.
The rate was last changed on December 14, 2017 when Fifth Third
increased its prime lending rate from 4.25 percent to 4.5
percent.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of Dec. 31, 2017, the Company
had $142 billion in assets and operated 1,154 full-service Banking
Centers and 2,469 ATMs with Fifth Third branding in Ohio, Kentucky,
Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia,
Georgia and North Carolina. In total, Fifth Third provides its
customers with access to more than 54,000 fee-free ATMs across the
United States. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending and Wealth
& Asset Management. Fifth Third is among the largest money
managers in the Midwest and, as of Dec. 31, 2017, had $362 billion
in assets under care, of which it managed $37 billion for
individuals, corporations and not-for-profit organizations through
its Trust and Registered Investment Advisory businesses. Investor
information and press releases can be viewed at www.53.com. Fifth
Third’s common stock is traded on the Nasdaq® Global Select Market
under the symbol “FITB.” Fifth Third Bank was established in 1858.
Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20180321006203/en/
Fifth Third BancorpLaura Trujillo, 513-534-NEWS
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