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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 ...
Fees at Fifth Third Bank and Other Banks. Fee. Fifth Third Bank. Bank of America. Chase. Citibank. U.S. Bank. Wells Fargo. Monthly Maintenance. Up to $25. Up to $25. Up to $25. Up to $30. Up to ...
In 2009, the bank's Board of Directors named Steve Steinour as president, CEO, and chairman, succeeding Thomas Hoaglan, who retired after eight years in those positions. [5] [36] In 2009, Huntington bid against rival Fifth Third Bank to acquire National City Corp. branches in the Pittsburgh region from PNC Financial Services.
In 1953, GBQ Partners, a professional services firm was founded, [1] and is the largest Columbus-owned accounting firm. During the recession beginning in late 2007, Columbus's economy was not impacted as much as the rest of the country, due to decades of diversification work by long-time corporate residents, business leaders, and political leaders.
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]
Also headquartered in Columbus is Huntington Bank, with significant presence by banks such as KeyBank, Fifth Third, PNC Financial Services, Park National Corporation, and Commerce National Bank. Recently, Alliance Data, a Fortune 500 Company that provides financial services to the financial sector, has moved its headquarters to Columbus. [8]
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).
KeyBank, headquartered in the Key Tower in Cleveland, is the 27th largest bank in the US. Fifth Third Bank, the bank holding company for Fifth Third Bank N.A. headquartered in Cincinnati. Currently second to PNC in market share in the state, and tops among Ohio-based banks in the state, it is the 26th largest bank in the US.