Fifth Third Bancorp (NASDAQ: FITB) has published its annual report on
corporate social responsibility (CSR). It can be accessed as a website
at www.53.com/csrreport
and hard copies printed on recycled paper also are available in limited
quantities.
The report, titled “Reputation Matters,” demonstrates the ways in which
Fifth Third strives to earn a reputation for being a good corporate
citizen through its signature financial empowerment programming and
commitment to the many entities it serves, including:
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Consumers: By actively engaging with and listening to
customers, Fifth Third builds its reputation for value and trust. This
section of the report discusses Fifth Third Bank’s commitment to Fair
Lending and Responsible Banking, its approach to retail banking and
creating a positive customer experience, specialized consumer
assistance and outreach efforts.
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Communities: Fifth Third is collaborative in helping to
create and sustain vibrant communities. Local teams allow Fifth Third
to stay close to the issues facing its neighbors, helping to guide
investments and activities. Efforts include the Organization’s
Empowering Community Leaders Scholarship Program for non-profit
organizations, its Enterprise Investment Fund, the 5-3 Impact
Initiative and philanthropic gifts through the Fifth Third Foundation.
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Businesses: Fifth Third Bank actively supports
businesses of all sizes with smart financial solutions. These products
and services ultimately impact individual families and communities, as
businesses fuel the economy and provide employment opportunities. The
Bank’s commitment to businesses includes industry-specific banking
teams, small business advocacy and products, the opening of new
banking centers and providing or sponsoring a number of events
designed to bring business leaders together, share best practices or
offer educational support.
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Employees: Employees are the ambassadors and embodiment
of Fifth Third. The Company cares a great deal about how engaged its
employees are in its Purpose and how employees work together to
fulfill Fifth Third’s Vision. This section discusses work around
engagement and inclusion – including awards and event notes from
around the footprint – as well as the positive impact employees have
on communities through their volunteer efforts.
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Environment: Fifth Third continues to do its part to
operate its business in a more environmentally sustainable way.
Progress in 2012 includes a reduction in energy consumption, achieving
recognition from the U.S. Green Building Council under the Leadership
in Energy and Environmental Design (LEED) Program, the expansion of
its recycling program and outreach efforts.
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $121 billion in
assets and operates 18 affiliates with 1,321 full-service Banking
Centers, including 104 Bank Mart® locations open seven days a week
inside select grocery stores and 2,426 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 33% interest in Vantiv
Holding, LLC. Fifth Third is among the largest money managers in the
Midwest and, as of March 31, 2013, had $318 billion in assets under
care, of which it managed $27 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.” Fifth Third Bank was established
in 1858. Member FDIC. Equal Housing Lender.
Fifth Third Bancorp
Stephanie Honan, APR, 513-534-6957