Fifth Third traces its origins to the Bank of the Ohio Valley, which opened its doors in Cincinnati in 1858. In 1871, that bank was purchased by the Third National Bank. With the turn of the century came the union of the Third National Bank and the Fifth National Bank, and eventually the organization became known as “Fifth Third Bank.” Since its beginning, Fifth Third has provided superior customer service and followed sound banking principles.
Fifth Third Bancorp wants to be first in the hearts and minds of its customers. The holding company operates more than 1,000 Fifth Third Bank branches in the Midwest and Florida, where it bought First National Bankshares of Florida at the start of 2005. It provides consumer and business banking (including deposit accounts, loans, and credit cards); investment advisory services (mutual funds, private banking, and securities brokerage); ATM and merchant transaction processing; and electronic fund transfers. The company also runs the Jeanie ATM network and offers foreign exchange trading, life and title insurance, and import/export services
Wishing to expand, Fifth Third Bancorp announced the opening of its first new commercial banking office in Canada. The Toronto-based Canadian headquarters will deliver customized, full-service commercial banking solutions and seamless cross- border banking to Canadian- and U.S.-based companies.
The Toronto office is Fifth Third’s first North American expansion outside the United States. Staffed with senior Canadian banking executives, it offers commercial lending products such as working capital loans and lines of credit, treasury management services such as receivables, payables and account management, and international banking services including foreign exchange and multi-currency accounts.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $105.2 billion in assets, operates 19 affiliates with 1,119 full-service Banking Centers, including 119 Bank Mart® locations open seven days a week inside select grocery stores and 2,024 Jeanie® ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. The financial strength of Fifth Third’s Ohio and Michigan banks continues to be recognized by rating agencies with deposit ratings of AA- and Aa1 from Standard & Poor’s and Moody’s, respectively. Additionally, Fifth Third Bancorp continues to maintain among the highest short-term ratings available at A-1+ and Prime-1 and is recognized by Moody’s with one of the highest senior debt ratings for any U.S. bank holding company of Aa2. Fifth Third operates four main businesses: Retail, Commercial, Investment Advisors and Fifth Third Processing Solutions. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded through the NASDAQ® National Market System under the symbol “FITB.”
Fifth Third Bancorp is located at Fifth Third Center
38 Fountain Square Plaza
Cincinnati, OH 45263.
President and CEO: George A. Schaefer Jr.
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