Fifth Third Bancorp and Fifth Third Bank Foundation Donated More than $500K to Assist with Hurricane Relief
November 17 2017 - 3:34PM
Business Wire
Fifth Third Bancorp (NASDAQ:FITB) and the Fifth Third Bank
Foundation collectively contributed more than $500,000 to support
relief efforts for those impacted by hurricanes Harvey, Irma and
Maria.
Greg Carmichael, president and CEO of Fifth Third, said
donations to the American Red Cross and the Salvation Army are a
tangible sign of the Bank’s commitment to improving lives.
“We are focused on putting the customer at the center of
everything we do and our employees are the driving force behind our
work,” Carmichael said. “Disasters such as this season’s hurricanes
affect the communities that so many of our customers and employees
call home. Through our financial donations and volunteer service
hours, we are dedicated to helping them recover and flourish.”
In addition to monetary support and a match on employee and
customer donations, Fifth Third provided short-term special
assistance to customers in hurricane-affected areas in the form of
waived or refunded fees. Financial empowerment mobiles, or eBuses,
traveled across Florida providing help with FEMA assistance forms
and serving as a Wi-Fi hotspot, cell phone charging station and
cooling station. The Bank also hosted a variety of events that
focused on one-on-one financial counseling and workshops for small
businesses. And employees volunteered over 200 service hours as
they assisted those affected by the hurricanes. Employee volunteer
efforts and personal commitments further extended the Bank’s reach
after the crises.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of Sept. 30, 2017, the
Company had $142 billion in assets and operated 1,155 full-service
Banking Centers and 2,465 ATMs 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 45,000 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 also has an 8.6 percent interest in Vantiv Holding,
LLC. Fifth Third is among the largest money managers in the Midwest
and, as of Sept. 30, 2017, had $348 billion in assets under care,
of which it managed $36 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.
About The Fifth Third
Foundation
The Foundation Office at Fifth Third Bank administers charitable
giving for Fifth Third Bancorp. Fifth Third Bank is proud to serve
as trustee, co-trustee or agent for over 70 private and corporate
foundations. Additionally, the Foundation Office oversees
philanthropic giving through the Fifth Third Foundation. The
respective committees review all grant requests for which Fifth
Third Bank serves as trustee, co-trustee or agent. Grants for
programming in education, the arts, community development, and
health and human services are considered, in addition to the
specific funding interests originally identified by the individual
benefactors.
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Fifth ThirdDanielle Jones,
513-534-0162513-534-NEWS
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