Fifth Third Financial institution, Nationwide Affiliation, in the present day recommended Ohio Governor Mike DeWine, and Ohio Director of Well being Dr. Amy Acton for his or her management and swift response to the pandemic and joins in asking its clients to stay-at-home to assist sluggish the unfold of the coronavirus. Prospects needing to conduct important monetary transactions are requested to make use of drive-through providers, digital options akin to on-line or cellular banking, or the Financial institution’s community of roughly 53,000 fee-free ATMs.
“We totally help Governor DeWine’s actions to assist defend our fellow residents and encourage anybody not engaged in important work or exercise to remain at residence,” mentioned Greg D. Carmichael, chairman, president and CEO of Fifth Third Bancorp. “Throughout our footprint, we’ve adjusted our banking expertise to maintain our clients and staff protected. We admire our clients’ understanding throughout these difficult occasions that we’ll accommodate their wants for entry to important banking providers as we navigate via this unprecedented state of affairs collectively.”
Fifth Third banking middle lobbies throughout its 10-state footprint stay open to serve clients by appointment solely and aren’t open for common entry. Bankers stay out there and able to assist by cellphone. Prospects who want to fulfill with a banker in particular person can schedule an appointment on 53.com, our cellular app or by calling their native banking middle. Every banking middle has prominently displayed signage with help on the best way to schedule an appointment. Our Financial institution Mart® areas stay open 10 a.m. to four p.m. Monday via Saturday.
Fifth Third has added enhanced cleansing measures to its workplaces to assist safeguard staff and those that go to banking facilities. The corporate additionally has created further advantages to assist staff via this case. These advantages embrace commitments to proceed to pay staff in the event that they turn out to be sick, are taking good care of a member of the family who’s sick or are navigating daycare or college closures. Fifth Third may also make a particular fee of as much as $1000 to its Banking middle, operations and name middle staff who’re offering important banking providers on web site to clients throughout the coronavirus pandemic, which can be paid in $500 installments in April and Could.
Fifth Third is providing the next applications for our client and enterprise clients dealing with monetary hardship associated to COVID-19. To take part within the applications, clients might want to contact Fifth Third.
- Car Cost Waiver Program: Cost waived for as much as 90 days and no late charges throughout the waiver interval.
- Client Credit score Card Cost Waiver: We’re providing to waive the month-to-month fee requirement on Client Credit score Playing cards (Trio, Actually Easy, Platinum, Secured, World Elite) for as much as 90 days with no late charges.
- Mortgage and Residence Fairness Program: 90-day fee forbearance with no late charges.
- Small Enterprise Cost Waiver Program: We’re providing a fee waiver program for as much as 90 days, no late charges and a spread of mortgage modification choices. We’re waiving all observe processing charges for brand new Fifth Third Quick Capital loans for six months.
- Payment Waiver Program: Payment waivers for as much as 90 days for a spread of client and small enterprise deposit services and products.
- Car loans: Suspension of initiating any new repossession actions on automobiles for the following 60 days.
- Foreclosures: Suspension of all foreclosures exercise on properties for the following 60 days.
Prospects ought to name Fifth Third to take part in these reduction efforts. As well as, clients are reminded that curiosity will accrue throughout the 90-day no-payment interval for every of the waiver applications.
Fifth Third is ready to help clients with their questions or issues. A devoted help web page is on the market at 53.com as the primary level of contact for all clients. Representatives can be found at 800-972-3030 Monday via Saturdays. For Enterprise Banking service, please name 877-534-2264 or e mail email@example.com. On account of excessive demand, name wait occasions could also be longer than regular and Fifth Third thanks clients for his or her endurance as we navigate this case collectively.
About Fifth Third
Fifth Third Bancorp is a diversified monetary providers firm headquartered in Cincinnati, Ohio, and the oblique father or mother firm of Fifth Third Financial institution, Nationwide Affiliation, a federally chartered establishment. As of December 31, 2019, Fifth Third had $169 billion in property and operated 1,149 full-service banking facilities and a pair of,481 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In complete, Fifth Third offers its clients with entry to roughly 53,000 fee-free ATMs throughout the US. Fifth Third operates 4 predominant companies: Industrial Banking, Department Banking, Client Lending and Wealth & Asset Administration. Fifth Third is among the many largest cash managers within the Midwest and, as of December 31, 2019, had $413 billion in property below care, of which it managed $49 billion for people, firms and not-for-profit organizations via its Belief and Registered Funding Advisory companies. Investor info and press releases might be seen at www.53.com. Fifth Third’s widespread inventory is traded on the Nasdaq® International Choose Market below the image “FITB.” Fifth Third Financial institution was established in 1858. Deposit and Credit score merchandise are supplied by Fifth Third Financial institution, Nationwide Affiliation. Member FDIC.
Ed Loyd (Media Relations)
Edgar.Loyd@53.com | 513-534-NEWS
Chris Doll (Investor Relations)
Christopher.Doll@53.com | 513-534-2345