Fifth Third Bank Provides 1.6 Million Meals to Fight Hunger Across Bank’s Footprint
May 01 2020 - 11:14AM
Business Wire
Fifth Third Bank, National Association, today announced that it
has provided 1.6 million meals to help fight hunger across the
Bank’s 10-state footprint and beyond. The meals are being donated
to various food organizations in honor of the Bank’s annual
companywide community celebration in May, centered on May 3. The
date, 5/3 on the calendar, is recognized as Fifth Third Day.
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Greg Carmichael, Fifth Third’s chairman,
president and CEO (Photo: Business Wire)
“Fifth Third Day is traditionally our day of service to
celebrate our customers, employees and Company by improving lives
in the communities we serve,” said Greg Carmichael, Fifth Third’s
chairman, president and CEO. “We are especially committed to
helping those who are most in need and who are vulnerable to hunger
during the COVID-19 pandemic and the ensuing economic
downturn.”
The Bank has celebrated Fifth Third Day since 1991, and since
2012 has worked toward a common goal to fight hunger. For the last
three years, Fifth Third has met or exceeded its goal of providing
1 million meals to those in need. The meals are provided through
department donations, volunteerism efforts, and individual employee
and customer donations. While this year traditional employee
volunteerism will not be part of the community service during May,
due to the pandemic, employees will have an opportunity to
participate in various volunteerism activities later in the year,
which also go towards creating meals for those who live across the
Bank’s footprint. This year’s initial meals donation is being
provided by Fifth Third’s Community and Economic Development
team.
According to Feeding America®, the nation’s largest domestic
hunger-relief organization, one in nine Americans live with hunger.
The organization estimates that an additional 17.1 million people
could face hunger in the next six months as a result of the
COVID-19 pandemic. It has reported a 98% increase in demand at its
food banks.
“There are families in our communities who lack food on a daily
basis,” said Shawn Niehaus, senior vice president, director of
retail financial centers and executive sponsor for Fifth Third Day.
“We are honored to help support those who are in need as part of
our commitment to the community.”
For more on Fifth Third Bank’s commitment to the community,
including details on the Bank’s $32 billion, five-year Community
Commitment, visit www.53.com/commitment.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio, and the indirect parent company
of Fifth Third Bank, National Association, a federally chartered
institution. As of March 31, 2020, Fifth Third had $185 billion in
assets and operated 1,123 full-service banking centers and 2,464
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 approximately 53,000 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 March 31, 2020, had $374 billion in assets under
care, of which it managed $42 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. Deposit and Credit
products are offered by Fifth Third Bank, National Association.
Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20200501005379/en/
Danielle Jones (Media Relations) danielle.jones@53.com |
513-534-0162 Chris Doll (Investor Relations)
Christopher.Doll@53.com | 513-534-2345
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