Fifth Third Bank to Increase Prime Lending Rate to 8.50%
July 26 2023 - 2:05PM
Business Wire
Fifth Third Bank, National Association, today announced it will
increase its prime lending rate to 8.50%, effective
immediately.
The rate was last changed on May 3, 2023, when Fifth Third
increased its prime lending rate from 8.00% to 8.25%.
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on
history. Since 1858, we’ve been helping individuals, families,
businesses and communities grow through smart financial services
that improve lives. Our list of firsts is extensive, and it’s one
that continues to expand as we explore the intersection of
tech-driven innovation, dedicated people and focused community
impact. Fifth Third is one of the few U.S.-based banks to have been
named among Ethisphere’s World’s Most Ethical Companies® for
several years. With a commitment to taking care of our customers,
employees, communities and shareholders, our goal is not only to be
the nation’s highest performing regional bank, but to be the bank
people most value and trust.
Fifth Third Bank, National Association is a federally chartered
institution. Fifth Third Bancorp is the indirect parent company of
Fifth Third Bank and its common stock is traded on the NASDAQ®
Global Select Market under the symbol “FITB.” Investor information
and press releases can be viewed at www.53.com.
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Beth Oates (Media Relations) Beth.Oates@53.com | 313-230-9002
Chris Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345
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