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Fifth Third Finance Academy Prepares Students to Manage Their Financial and Entrepreneurial Lives
Fifth Third Finance Academy Prepares Students to Manage Their Financial and Entrepreneurial Lives
Published 04-29-21
Submitted by Fifth Third Bancorp
A handshake says it all. Fifth Third and Everfi have collaborated to increase the financial knowledge of 500,000 students through two Fifth Third Finance Academy courses. On average, scores increased by 60% after participating in the financial education program and 90% after participating in the entrepreneurship program. Students reported increases in self-efficacy, feeling prepared to manage their financial and entrepreneurial lives, after participating in Finance Academy. Self-reported levels of engagement with the financial system (having a savings account, planning to open a checking account) increased among students after taking Finance Academy.
Fifth Third Bancorp
Fifth Third Bancorp
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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