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Fifth Third Bank (5/3 Bank), the principal subsidiary of Fifth Third Bancorp, is a bank holding company headquartered in Cincinnati, Ohio. Fifth Third operates 1,100 branches and 2,400 automated teller machines , [ 3 ] which are in 11 states: Ohio , Florida , Georgia , Illinois , Indiana , Kentucky , Michigan , North Carolina , South Carolina ...
The Bank of the Ohio Valley opened in 1858, becoming known as Fifth Third Bank today. City National Bank and Trust Company was founded in 1866 in Columbus, eventually becoming Bank One. The American Financial Group was founded in 1872 and the Western & Southern Financial Group in 1888 in Cincinnati.
In 2009, the bank's Board of Directors named Steve Steinour as president, CEO, and chairman, succeeding Thomas Hoaglan, who retired after eight years in those positions. [5] [36] In 2009, Huntington bid against rival Fifth Third Bank to acquire National City Corp. branches in the Pittsburgh region from PNC Financial Services.
This is a list of major companies and organizations in Greater Cincinnati, through corporate or subsidiary headquarters or through significant operational and employment presence near Cincinnati, Ohio, USA. Altogether, six Fortune 500 companies and seven Fortune 1000 companies have headquarters in the Cincinnati area. [1]
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Also headquartered in Columbus is Huntington Bank, with significant presence by banks such as KeyBank, Fifth Third, PNC Financial Services, Park National Corporation, and Commerce National Bank. Recently, Alliance Data, a Fortune 500 Company that provides financial services to the financial sector, has moved its headquarters to Columbus. [8]
In 2006, the company acquired Card Management Corporation (CMC) to provide a broader range of processing services. Several years later, in 2009, Fifth Third Processing Solutions spun off from Fifth Third Bancorp and was launched as a joint venture between Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp. [8]
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