Fifth Third Bank Page
Posted November 2021
Fifth Third
derived from the names of the bank's two predecessor companies: Third National Bank and Fifth National Bank. They merged in 1909.
The merger took place when prohibitionist ideas were gaining popularity, and it is a legend that "Fifth Third" was better than "Third Fifth", which could have been construed as a reference to three fifths of alcohol.
It's one of the largest consumer banks in the Midwestern United StatesFifth Third Bank:
- Headquartered in Cincinnati, Ohio, at Fifth Third Center
- It is the principal subsidiary of Fifth Third Bancorp, a diversified bank holding company
- 1,154 branches and 2,469 automated teller machines in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina, and South Carolina
- Fifth Third Bank is incorporated in Ohio
- It was state-chartered until late 2019, when it obtained a national charter
- It is one of the largest banks in the United States
- The company is ranked 384th on the Fortune 500
The name "Fifth Third" is derived from the names of the bank's two predecessor companies, Third National Bank and Fifth National Bank, which merged in 1909
- On June 17, 1858, the Bank of the Ohio Valley opened in Cincinnati.
- On June 23, 1863, the Third National Bank was organized.
- On April 29, 1871, Third National Bank came into possession of Bank of the Ohio Valley and by 1882 the bank's capital was around $16 million, considered to be the largest bank capital in the state at the time.
- In 1888, Queen City National Bank changed its name to Fifth National Bank.
- On June 1, 1908, Third National Bank and Fifth National Bank merged to become the Fifth-Third National Bank of Cincinnati; the hyphen was later dropped The name went through several changes until March 24, 1969, when it was changed to Fifth Third Bank.
The merger took place when prohibitionist ideas were gaining popularity, and it is a legend that "Fifth Third" was better than "Third Fifth", which could have been construed as a reference to three fifths of alcohol
- https://www.google.com/finance/quote/FITB:NASDAQ
- https://finance.yahoo.com/quote/FITB?ltr=1
- https://www.bloomberg.com/quote/FITB:US
- https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=FITB
Fifth Third Bank
One of the largest consumer banks in the Midwestern United States. Derived from the names of the bank's two predecessor companies that merged in 1909.
One of the largest consumer banks in the Midwestern United States. Derived from the names of the bank's two predecessor companies that merged in 1909.