Fifth Third Bancorp

Big banks cling to branch expansion plans despite coronavirus shock


Executives argue the rollouts will largely focus on new markets and work in tandem with digital banking efforts.


Virtual therapy, yoga, pet parties: Banks' answers to worker stress


Demand has soared for mental health services as bank employees put in long hours, supervise kids while working at home and endure personal crises. Citi, BofA, Fifth Third and others are getting creative to help them decompress during the pandemic.


Fifth Third rethinks new-branch designs in light of coronavirus


The pandemic won’t halt the Cincinnati bank's plan to open about 100 branches in the Southeast, but features could be added to accommodate social distancing.


Fifth Third ramps up hiring to speed efforts to help customers


The Cincinnati company will hire about 950 workers to meet heightened demand for loan deferrals and other forms of relief clients are seeking to weather the economic fallout of the coronavirus outbreak.


Confusion, inconsistency mar rollout of small-business loan program


Banks, under pressure to act hastily, began taking applications for government aid to small businesses hit hard by the coronavirus outbreak. But narrow eligibility rules at some banks angered business owners and lawmakers.


More banks shut down branch access as COVID-19 spreads


Truist, Key, Fifth Third and PNC became the latest banks to restrict branch access to the drive-through window or appointment only.


CFPB sues Fifth Third for allegedly opening phony accounts


The Consumer Financial Protection Bureau says the Cincinnati bank engaged in aggressive sales practices and open bank and credit card accounts without consumers' authorization in order to meet sales targets.


Fifth Third's Feiger stepping down as Chicago market chairman


One year after he led the sale of MB Financial to Fifth Third, Mitch Feiger will hand off his duties to his longtime lieutenant, Mark Hoppe, and join Fifth Third's board.


Fifth Third latest bank in CFPB crosshairs over phony accounts


The bank’s disclosure of an impending enforcement action shows that the CFPB continues to crack down on aggressive practices that got Wells Fargo in hot water.


Fifth Third teams with online lender to offer small-business loans


Under the partnership with Fundation, Fifth Third will offer loans and credit lines up to $100,000 that can be funded in as little as a day.