Bank Continues Commitment to Underserved Communities
Submitted by Fifth Third Bancorp
CHARLOTTE, N.C., February 28, 2023 /CSRwire/ - Fifth Third Bank, National Association, recognizes the need for banking centers in Charlotte’s Historic West End and has made a long-term commitment to this community. In a continued effort to support the West End, the Bank has announced the location of a full-service banking center at 2340 Beatties Ford Road, which is expected to open in the summer of 2024.
“We want to be more than simply a corporate partner,” said Lee Fite, president, Fifth Third Bank, Carolinas Region. “While we have made great progress building relationships with those who call the Historic West End home, we want to continue to learn how we can be a real friend to the community and play a vital role in serving others to improve lives. The new branch on Beatties Ford Road is the next step in this partnership.”
The West End location will feature a drive-thru and the Bank’s Next Gen design. Construction is expected to begin in late summer or early fall of this year with Charlotte-Based McFarland Construction serving as the general contractor. The project will also utilize local sub-contractors who are part of the Fifth Third supplier diversity program.
“At Fifth Third Bank, we value diversity and inclusion,” states Gloria Samuel, director of project and program management for Fifth Third Bank. “We live this value in many ways within Enterprise Workplace Services and specifically through selection of construction partners. It is important to our business to have diversity of thought and experiences to achieve success in the ever-changing world of labor shortages, product delays and increased demand. Our team is committed to ‘be the change you wish to see in the world’ as best stated by Ghandi.”
The neighborhood-focused approach is one that Fifth Third embraces across multiple markets. Fifth Third Bank, Fifth Third Foundation and Enterprise Community Partners have established a $180 million neighborhood program to support and revitalize nine majority-Black communities across seven states that have experienced disinvestment. The Historic West End is one of the communities where the Bank is focusing efforts.
“The primary need in the Historic West End community is financial advisement and guidance,” said J’Tanya Adams, executive director, Historic West End Partners. “Having a full-service branch that is welcoming to residents and business owners on the corridor will help further the opportunities for Fifth Third Bank to continue to be a true community partner.”
This Next Gen branch features:
“This location is representative of our growth in the Carolinas and how we engage with our clients,” said Senior Vice President Tommy Lloyd, retail executive of the Carolinas, Fifth Third Bank. “The branch design focuses on an open environment equipped with the latest technology aimed at delivering personal customer service to provide the best experience and advice for our clients.”
About Fifth Third
Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.
Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com. Member FDIC.
Amber.Darnell@53.com | 704-808-5016
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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