Fifth Third Bank, often referred to as 5/3 Bank, is a major bank holding company headquartered in Cincinnati, Ohio. It operates as the principal subsidiary of Fifth Third Bancorp and is one of the largest banks in the United States, ranked 321st on the Fortune 500[1]. Here's an overview of the company: ## History and Operations - Founding and Name Origin: Fifth Third Bank was formed from the merger of Third National Bank and Fifth National Bank in 1908. The name "Fifth Third" was chosen to avoid any potential confusion with "Third Fifth," which could have been misinterpreted as a reference to alcohol content[1]. - Operations: The bank operates over 1,100 branches and 2,400 ATMs across 11 states, including Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia[1]. - Services: Fifth Third offers a wide range of financial services, including retail and commercial banking, insurance, and wealth and asset management solutions[5]. ## Recent Developments - Acquisitions: In recent years, Fifth Third has made significant acquisitions, such as MB Financial in 2018 for $4.7 billion and Dividend Finance in 2022[1]. - Partnerships: The bank has entered into partnerships to enhance its services, including a deal with Stripe to provide embedded financial services[5]. - Expansion Plans: As of 2024, Fifth Third plans to open more than 200 new branches over the next four years[5]. ## Corporate Culture and Community Involvement - Core Values: Fifth Third emphasizes respect and inclusion as core values, supporting diversity through employee business resource groups and inclusion councils[2]. - Sponsorships: The bank is involved in various community sponsorships, including naming rights for several sports venues and partnerships with teams like the Cincinnati Bengals and Chicago Blackhawks[1]. ## Customer Support and Careers - Customer Service: Fifth Third offers comprehensive customer support through multiple channels, including phone, online chat, and branch services[4]. - Career Opportunities: The bank provides a range of career paths across different divisions, including branch banking, commercial banking, consumer lending, wealth management, technology, and corporate services[2].