Fifth Third Bank

News Release

 

Fifth Third Joins Forces with Rebuilding Together to Support Low-Income Veterans;
Company Pledges $190,000 to Rebuild Veterans’ Homes

11/05/2014

Cincinnati– Fifth Third Bank announced today that it has donated $190,000 to Rebuilding Together, a community revitalization partner, to fund long-term home rebuilding projects with a special emphasis on low-income veterans.

Fifth Third Bank and Rebuilding Together will join forces on Thursday, Nov. 6 on home rebuild projects for low-income veteran homeowners in 14 cities across the country. Up to 400 Fifth Third Bank employees will help Rebuilding Together make critical repairs, accessibility modifications and energy-efficient upgrades at no cost to the veterans.

Employees from local Fifth Third Bank affiliates will join Rebuilding Together affiliates on rebuild projects in Ohio, Indiana, West Virginia, North Carolina, Michigan, Missouri, Tennessee, Georgia, Illinois and Florida. This builds on a 2013 Fifth Third effort with Rebuilding Together, in which the two organizations rehabbed homes in six Fifth Third Bank markets.

"There's no more fitting way to celebrate and honor the contributions made by our military than by taking care of veterans," said Kevin T. Kabat, vice-chairman and CEO, Fifth Third Bancorp. "This association with Rebuilding Together enabled us to work together to positively impact local communities through these housing revitalization projects. We are grateful for the opportunity to serve those who have served."

"We are grateful for Fifth Third Bank's support and look forward to partnering on rebuilding these veterans' homes," said Charley Shimanski, president and CEO, Rebuilding Together. "Fifth Third's commitment to creating and sustaining vibrant communities through local engagement will help further our mission of bringing volunteers and communities together to improve the homes and lives of low-income homeowners in need."

About Fifth Third:
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $134 billion in assets and operates 15 affiliates with 1,308 full-service Banking Centers, including 102 Bank Mart® locations, most open seven days a week, inside select grocery stores and 2,639 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 22.8% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2014, 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." Fifth Third Bank was established in 1858. Member FDIC.

About Rebuilding Together:
Rebuilding Together strengthens the lives of our most vulnerable communities by providing low-income homeowners with critical home repairs, accessibility modifications and energy-efficient upgrades. Rebuilding Together’s local affiliates and nearly 100,000 volunteers complete about 10,000 rebuild projects each year. As we rebuild homes, community spaces and nonprofit facilities, our lasting impact helps to stabilize and revitalize neighborhoods across the country,. We believe that everyone deserves to live in a safe and healthy home. Learn more and get involved at RebuildingTogether.org.