Fifth Third Bank and Its Employees Unite to Donate Nearly $87,000 Across 12 States to Help the Needy
CINCINNATI, May 7 /PRNewswire/ -- More than 13 tons of food and supplies and nearly $87,000 were donated by Fifth Third Bank and its employees this week in celebration of the Bank's unique holiday (5/3 – Fifth Third Day).
In the spirit of giving back to the communities where they live and work, Fifth Third Bank employees in 12 states set aside the week of May 3 to collaborate in raising money and supplies for 28 not-for-profits. Of those, 19 have a mission to feed the hungry.
Kevin Kabat, chairman, president and CEO of Fifth Third Bancorp, said he was pleased by the outpouring of support that Bank employees exhibited.
"It's impressive to see the impact that the collaboration of thousands of Fifth Third Bank employees has made on our communities. I'm extremely proud to be part of a team that gives back when our neighbors need it most," said Kabat.
Kabat also noted that Fifth Third Bank employees are major contributors to United Way campaigns throughout its footprint, donating nearly $8 million in 2009.
In addition to the food-related donations, Fifth Third Bank employees also took collections for other not-for-profits that support causes important to each community. Click here to view the complete list of charities that received donations.
For the past 19 years, the Bank has used May 3 to recognize employees, thank customers and aid the communities in which it does business. This was the first year the celebration was extended through the entire week. In many communities, donations will continue to be collected throughout the month.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $113 billion in assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 102 Bank Mart® locations open seven days a week inside select grocery stores and 2,368 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2010, had $190 billion in assets under care, of which it managed $25 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® National Global Select Market under the symbol "FITB."
SOURCE Fifth Third Bancorp
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