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Fifth Third Bank (5/3 Bank), the principal subsidiary of Fifth Third Bancorp, is a bank holding company headquartered in Cincinnati, Ohio. Fifth Third operates 1,100 branches and 2,400 automated teller machines , [ 3 ] which are in 11 states: Ohio , Florida , Georgia , Illinois , Indiana , Kentucky , Michigan , North Carolina , South Carolina ...
In 2006, the company acquired Card Management Corporation (CMC) to provide a broader range of processing services. Several years later, in 2009, Fifth Third Processing Solutions spun off from Fifth Third Bancorp and was launched as a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp. [8]
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Fifth Third Bank offers a range of deposit accounts, including money market accounts. Find out if their accounts are right for you. Fifth Third Bank Money Market Account: Everything You Need To Know
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
Fifth Third is a national bank that offers its customers personal loans up to $50,000. Borrowers can apply both online and in-person, but those applying online are only eligible for $25,000.
Adopted the acquired company's name Wells Fargo: 2001 Fifth Third Bancorp: Old Kent Financial Corp. Fifth Third Bancorp: Fifth Third Bank: 2001 Standard Federal Bank: Michigan National Bank: Standard Federal Bank: Bank of America: 2001 FleetBoston Financial Corp. Summit Bancorp: FleetBoston Financial Corp. Bank of America: 2002 Citigroup ...
Fifth Third Bank said on July 9, 2024, that the bank has agreed to pay a $15 million fine for sales practices and a $5 million fine for auto finance servicing activities.