Overview of the business
Fifth Third Bank is a diversified financial services company headquartered in Cincinnati, Ohio. The Company had $111 billion in assets and operated 15 affiliates with 1,312 full-service Banking Centers, locations open seven days a week inside select grocery stores and 2,445 ATMs.
Today, Fifth Third operates 15 affiliates with more than 1,310 full-service locations. Fifth Third is located in these states, Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, Missouri, North Carolina, Pennsylvania, Tennessee and West Virginia
Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2010, had $266 billion in assets under care. Fifth Third’s common stock is traded on the NASDAQ.
Kevin T. Kabat is President,Chairman and CEO of fifth third bank and Daniel T. Poston Executive Vice President, Chief Financial Officer.
Fifth Third Bank strives for diversity because we recognize the value that different perspectives bring to the way we deliver service.
The values of the fifth third bank are, put customers first, invest in employees as our most important asset, committed to the community, workin as a team, respect all individuals and act with integrity.
Milestones of the compagany
17th June 1858: opened of the bank of the Ohio Valley in Cincinnati.
23th June 1863: opened of the third national bank.
29th april 1871: the third national bank acquired the bank of the Ohio Valley.
1st June 1908: Merger of two banks, The Fifth National Bank and The Third National Bank, to become The Fifth Third National Bank of Cincinnati.
1948 the fifth third bank became the first financial institution in the United States to establish a charitable