Fifth Third Bancorp 2015 Corporate Social Responsibility Report, “Building Bridges” Now Available
CINCINNATI–(BUSINESS WIRE)–Fifth Third Bancorp (NASDAQ: FITB) has published its annual report on
corporate social responsibility (CSR). It can be accessed at www.53.com/csrreport
and hard copies printed on recycled paper also are available in limited
quantities.
The theme of the 2015 report is Building Bridges. The concept of
bridges was chosen to illustrate the Company’s desire to connect
community goals with Fifth Third’s financial and employee resources to
accomplish a shared vision of lives improved within healthy and
sustainable neighborhoods.
The report highlights Fifth Third’s recently-announced $27.5 billion
community commitment and outlines progress made on improving lives and
making a difference in the way the Company serves:
Consumers
Connecting consumers to necessary products and services, especially
financial education, is one of the ways Fifth Third improves lives in
the community. The Bank developed Express BankingSM* to
specifically meet the financial needs of the underbanked. Fifth Third
invests significant time and resources in its signature L.I.F.E. (Lives
Improved through Financial Empowerment®) programs, and offers specialty
programs like Homeowner Reemployment that bridge out-of-work consumers
with employment services from NextJob.
Communities
The Company’s $27.5 billion community commitment demonstrates its
seriousness in improving the well-being of the markets it serves.
Through the Community and Economic Development department, Fifth Third
Community Development Corporation, the Fifth Third Foundation and
regional banks and community partners, Fifth Third works to create
economically healthy and sustainable communities through strategic
investments, grants, scholarships and sponsorships.
Businesses
Fifth Third is a U.S. Small Business Administration (SBA) Preferred
Lender, having made $122 million in loans in 2015. The Bank is committed
to small businesses because they are critical to a healthy economy. The
State Small Business Credit Initiative declared Fifth Third the nation’s
top lender by dollar volume last year and Greenwich Associates named the
Company a “Best Brand in Small Business Banking.” Fifth Third also
supports business development through philanthropic and other grants.
Employees
Named a Gallup Great Workplace for the third time in 2015, Fifth Third
actively supports its inclusion councils and Business Resource Groups.
The Bank is especially proud of Project SEARCH, a school-to-work
transition program for people with disabilities, for which Fifth Third
has earned numerous honors. The Bank also cares deeply about its
employees’ financial and physical wellness, and is proud of their
volunteerism in the communities the Company serves—from feeding the
hungry to joining in the fight against cancer.
Environment
Fifth Third’s recently-formed Environmental Sustainability Council is
helping the Company manage emerging environmental issues. The Bank is
committed to reducing its carbon footprint and to green building. The
Bank now operates 27 LEED-certified banking centers, recycles in about
90 percent of its retail locations and is a proud U.S. Environmental
Protection Agency Green Power Partner.
For more information about the CSR Report, please visit www.53.com/csrreport.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. As of March 31, 2016, the Company had
$142 billion in assets and operates 1,241 full-service Banking Centers,
including 95 Bank Mart® locations, most open seven days a week, inside
select grocery stores and 2,556 ATMs in Ohio, Kentucky, Indiana,
Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania,
Georgia and North Carolina. Fifth Third operates four main businesses:
Commercial Banking, Branch Banking, Consumer Lending, and Investment
Advisors. Fifth Third also has an 18.3% interest in Vantiv Holding, LLC.
Fifth Third is among the largest money managers in the Midwest and, as
of March 31, 2016, had $303 billion in assets under care, of which it
managed $26 billion for individuals, corporations and not-for-profit
organizations. 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.”
*For additional information, please visit www.53.com/express.
Copyright © 2016. Fifth Third Bank, Member FDIC, Equal Housing Lender,
All Rights Reserved.
Contacts
Fifth Third Bancorp
Stacie Haas, 513-534-5113
