Fifth Third Bancorp (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.