Fifth Third Bank Decreases Its Prime Lending Rate to 5.25 Percent
July 31 2019 - 4:09PM
Business Wire
Fifth Third Bank today announced it will decrease its prime
lending rate to 5.25 percent, effective immediately.
The rate was last changed on Dec. 19, 2018, when Fifth Third
increased its prime lending rate from 5.25 to 5.5 percent.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio and the indirect parent company
of Fifth Third Bank, an Ohio-chartered bank. As of June 30, 2019,
Fifth Third had $169 billion in assets and operated 1,207
full-service Banking Centers and 2,551 ATMs with Fifth Third
branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida,
Tennessee, West Virginia, Georgia and North Carolina. In total,
Fifth Third provides its customers with access to approximately
53,000 fee-free ATMs across the United States. Fifth Third operates
four main businesses: Commercial Banking, Branch Banking, Consumer
Lending and Wealth & Asset Management. Fifth Third is among the
largest money managers in the Midwest and, as of June 30, 2019, had
$399 billion in assets under care, of which it managed $46 billion
for individuals, corporations and not-for-profit organizations
through its Trust and Registered Investment Advisory businesses.
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. Deposit and Credit
products are offered by Fifth Third Bank. Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20190731006057/en/
Ed Loyd (Media Relations) Edgar.Loyd@53.com | 513-534-NEWS Chris
Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345
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