Fifth Third’s Community Impact Report Shares Transformative Community Progress

Dec 6, 2023 11:00 AM ET
Community impact report cover
Fifth Third publishes its inaugural Community Impact Report to share transformative progress in the communities it serves.

CINCINNATI, December 6, 2023 /3BL/ - Fifth Third Bancorp (Nasdaq: FITB) published its inaugural Community Impact Report. The report is a supplement to Fifth Third’s 2022 Sustainability Report and provides additional detail and context around how the Company is living out its purpose to improve lives and the well-being of its communities. The report shares the transformative impact and tremendous community engagement that has been garnered in the community it serves.

“We’ve been intentional about working with our community stakeholders over the past several years,” said Kala Gibson, executive vice president and chief corporate responsibility officer. “These conversations have enabled us to pioneer a new model for how we create pathways for economic mobility in underserved areas. It was important for us to share the impact we’re having in a report focused solely on that work.”

The Community Impact Report includes the ways Fifth Third is delivering on its priorities to build strong communities and promote inclusion as well as an update on the Empowering Black Futures neighborhood program. The program has been successful thus far in catalyzing additional community investment that may have not previously occurred. With its community partners, Fifth Third is working to address the housing crisis, lift up small businesses, create inclusion in the traditional financial system and in the workforce, and fill gaps in education.

The Community Impact Report includes locally focused content in the regions in which Fifth Third operates—the connections made by regional community impact managers with public, private and nonprofit partners, the investments and loans made to revitalize neighborhoods, and the specialized financial education, workforce development, philanthropic gifts and volunteerism that bring the Company’s commitment to life.

About Fifth Third 
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

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Tiffaney Hardy (Media Relations) | 513-534-8039