Fifth Third Bank Decreases Its Prime Lending Rate to 4.75%
October 30 2019 - 4:05PM
Business Wire
Fifth Third Bank today announced it will decrease its prime
lending rate to 4.75%, effective immediately.
The rate was last changed on Sept. 18, 2019, when Fifth Third
decreased its prime lending rate from 5.25% to 5%.
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, an Ohio-chartered bank. As of September 30,
2019, Fifth Third had $171 billion in assets and operated 1,143
full-service banking centers and 2,487 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 September 30,
2019, had $397 billion in assets under care, of which it managed
$46 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. Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20191030006050/en/
Ed Loyd (Media Relations) Oct. 30, 2019 Edgar.Loyd@53.com |
513-534-NEWS
Chris Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345
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