Fifth Third Bank

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Fifth Third Bank (5/3 Bank) NASDAQ: [FITB] is a U.S. regional banking corporation, headquartered in Cincinnati, Ohio. The banking arm of Fifth Third Bancorp, a financial services company, Fifth Third Bank has branches across much of the eastern U.S., in Florida, Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, and Tennessee.

History

Fifth Third Bank's history can be traced back to June 17, 1858, when the Bank of the Ohio Valley opened in Cincinnati. The Third National Bank organized five years later, on June 23, 1863, and on April 29, 1871, the younger bank acquired the older one, beginning a 130-year history of banking acquisitions and mergers, with numerous smaller banks being absorbed and renamed.

Name

Fifth Third Bank headquarters building in Cincinnati, Ohio

Fifth Third's unusual name is the result of the June 1, 1908, merger of two banks, The Fifth National Bank and The Third National Bank, to become The Fifth Third National Bank of Cincinnati. Because the merger took place during a period when prohibitionist ideas were gaining popularity, it was believed that "Fifth Third" was better than "Third Fifth," which could be construed as a reference to "three-fifths" of alcohol. The name went through several changes over the years, until on March 24, 1969, the name was changed to Fifth Third Bank.

See also

• Fifth Third Field, the name of two baseball stadiums in Ohio bearing the bank's name due to separate naming rights arrangements:
• *One in Dayton, and
• *One in Toledo
• Fifth Third Ballpark, another baseball stadium bearing the bank's name, in Comstock Park, Michigan
• Fifth Third Arena, an indoor arena bearing the bank's name on the campus of the University of Cincinnati, used by that school's basketball program

External link

• [Fifth Third Bank]