Fifth Third Bank to Open Seven New Financial Centers
June 25 2018 - 3:13PM
Business Wire
Fifth Third Bank this week opens seven new financial centers –
most in high-growth areas in Florida. Whether new locations or
digital products, the Bank continues to invest in improving the
customer experience.
“We are pleased to add these new locations to our existing
financial center networks in Florida, Illinois and Michigan,” Phil
McHugh, head of Fifth Third’s Consumer Bank said. “Our consultative
approach allows our staff to identify the needs of our customers
and then propose solutions to those needs. These centers will offer
a full range of banking, home-ownership and retirement-planning
services.”
The new financial centers represent a key part of Fifth Third’s
growth strategy, even as its digital transactions are growing.
Financial centers offer consultations and expertise from financial
experts.
“Our financial centers are an important part of delivering the
best experience to our customers,” said Mike Butera, head of Fifth
Third’s retail banking business. “We want to give our customers the
right balance between digital and personal. Think about wanting to
check your account balance on your app, deposit a check through
your phone, get cash from the ATM and stop at a financial center to
talk about a home equity line.”
Financial centers are opening in Sarasota, Jacksonville, Orlando
and Bonita Springs in Florida, and in the Chicago and Detroit
areas. The full list:
- The Landings Financial Center, 4902 S.
Tamlami Trail, Sarasota.
- Bee Ridge Financial Center, 3740 Bee
Ridge Road, Sarasota.
- Kernan Financial Center, 12608 Beach
Blvd., Jacksonville.
- Dr. Phillips Financial Center, 8075 Via
Dellagio Way, Orlando.
- Bonita Grande Financial Center, 12971
Bonita Beach Road, SE, Bonita Springs.
- Bridgeview Financial Center, 7200 W.
87th St., Bridgeview, Illinois.
- Van Dyke & 25 Financial Center,
54985 Van Dyke Ave., Shelby Township, Michigan.
The best customer experience is a mix of physical and digital
connections. Recent enhancements for consumers include:
- Adding to the Bank’s fee-free ATM
network. There are now more than 50,000 available across the
country.1
- Enhancing digital banking, including
adding alerts, online appointment scheduling and online
person-to-person payments through Zelle.2
- Creating products such as Fifth Third
Momentum, the Bank’s app that allows customers to round up debit
card purchases to make payments on their student loans.
- Introducing Cardless ATM, which allows
customers to use an ATM without their card by using their mobile
banking app.3
1 ATM network is fee free for Fifth Third Bank customers
when using their debit or prepaid card to withdraw cash. When you
use an ATM not owned by us, you may be charged a fee by the ATM
operator or any network used (and you may be charged a fee for a
balance inquiry even if you do not complete a fund transfer).
Non-Fifth Third ATM Transaction: $2.75 per transaction;
International Point of Sale/ATM Transaction Fee: 3.00% of
Transaction Amount; Currency Conversion Fee: 0.20% of the
Transaction Amount; International ATM Withdrawal: $5.00; Non-Fifth
Third Cash Advance Debit Card Fee: Greater of $5 or 3.00% of the
transaction amount up to a maximum of $10. 2
Availability may be limited based on your
account type and the date of account opening.
3 The service is not available on the Bank’s partner ATMs.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2018, the
Company had $142 billion in assets and operated 1,153 full-service
Banking Centers and 2,459 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 March 31, 2018, had $363
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/20180625006139/en/
Fifth Third BankLaura Trujillo,
513-534-4361Laura.trujillo@53.com
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