3 homeless shelters receive funds to help with emergency efforts
Submitted by Fifth Third Bancorp
The Fifth Third Foundation today announced a $75,000 philanthropic commitment to help address the effects of the COVID-19 pandemic in Columbus. The funds will be deployed to meet the immediate needs of the Community Shelter Board, YMCA of Central Ohio, and YWCA Columbus.
“We are making this $75,000 philanthropic commitment to support the needs of our community shelters who need additional resources to deal with the strain and stress of overflow and capacity,” said Francie Henry, regional president of Fifth Third Bank. “This pandemic is impacting all segments of the population, especially the most vulnerable members of our communities who may be disproportionately affected by current events.”
Henry commends the three organizations for uniting and leading their organizations for the benefit of the local community.
“It is our responsibility and commitment to work with community partners and non-profit organizations to help see our communities through the coming stages of relief, recovery and resiliency. We will navigate this together,” said Greg D. Carmichael, chairman, president and CEO of Fifth Third Bank.
The Columbus donation to the three shelters is part of the $8.75 million commitment that is being funded by the Fifth Third Foundation and the Fifth Third Chicagoland Foundation. The commitment was announced March 20. Among the areas to be funded:
Recovery & Resiliency Funds:
This $8.75 million commitment of philanthropic funds are in addition to actions already taken by Fifth Third Bank to immediately assist customers in the wake of the pandemic. For information, visit www.53.com/covid19.
About the Fifth Third Foundation
Established in 1948, the Fifth Third Foundation was one of the first charitable foundations created by a financial institution. The Fifth Third Foundation supports worthy causes in the areas of health and human services, education, community development and the arts in the states where Fifth Third Bank operates.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of Dec. 31, 2021, Fifth Third had $211 billion in assets and operated 1,117 full-service banking centers and 2,322 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 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. 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, National Association. Member FDIC.
Fifth Third’s Purpose is to improve lives and the well-being of its communities by being the One Bank people most value and trust. The Company believes in doing well by doing good and delivering long-term sustainable value to all its stakeholders. Fifth Third is focused on five environmental, social and governance priorities: keeping the customer at the center, demonstrating its commitment to employees, strengthening its communities, promoting inclusion and diversity, and addressing climate change.
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