Fifth Third Bank Review

Learn about Fifth Third Bank small business banking. Includes info on Fifth Third Bank, reviews, and FAQs.

Updated on September 8th, 2019

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Fifth Third Bank is a regional bank with 1,200 full-service locations across 10 states. Fifth Third Bank offers a wide array of banking products and services that include business checking and savings accounts, lines of credit, cash management and financing solutions.

Fees:

Account

Monthly Fee

Relationship Savings

$0.00

Business Savings

$5.00*

Money Market

$10.00*

Business Standard Checking Account

$11.00*

Business Premium Checking Account

$25.00*

Business Elite Checking Account

$35.00*

*Monthly fee may be waived if certain criteria are met.

You can find Fifth Third Bank's CD rates here or contact Fifth Third Bank customer service directly for more information.

Fifth Third Bank
Review:

Pros: Offers CDs with flexible terms and $500.00 minimum investment. 1,200 full-service locations. Access to more than 50,00 fee-free ATMs.

Cons: High checking account fees and notable requirements for monthly service fees to be waived.

Bottomline: Fifth Third Bank has a strong presence across the 10 states in which it operates and offers a wide array of business banking, lending, and cash management solutions.

Features & Benefits:

Commercial Banking Resources & Solutions.

Fifth Third Bank has a commercial banking resource center that keeps businesses updated on industry news. They also have teams of financial and capital market professionals who can provide clients with expert advice on commercial solutions.

HR & Payroll Services.

Fifth Third Bank's employee benefit solutions include HR and payroll services powered by Paycor, making it easy for businesses to manage payroll, time-keeping, and reporting activities.

Online & Mobile Banking.

Fifth Third Bank's online and mobile banking capabilities allow for fast and convenient banking.

Key Information:

Founder

William Scarborough

Founded

1858

Headquarters

Cincinnati, Ohio

Number of Employees

10,000+

President/CEO

Greg Carmichael

Address

38 Fountain Square Plaza, Cincinnati, Ohio

Phone number

1 (877) 534-2264

Website

www.53.com

News & Activity:

Date

News or Activity

August 14, 2019

Bancorp Introduces New Investment Banking Capabilities for Renewable Energy Industry

July 31, 2019

Fifth Third Bank Decreases Its Prime Lending Rate to 5.25 Percent

July 19, 2019

Fifth Third Bank Adds to Financial Empowerment Resources

May 30, 2019

Fifth Third Bank Files Application with Office of the Comptroller of the Currency to Convert to National Bank Charter

February 11,2019

Fifth Third Launches Dobot, an App to Help Consumers Achieve Goals

Reviews:

Source

Review

Samantha Prowell - quora.com

In my opinion, Fifth Third Bank has a much responsive system than other banks. For instance, I used to be Regions Bank’s client but the login process gave me too much trouble and I gave up my account. I usually do all my transactions online so it is really important for me to be able to feel secure online. If you are in the same situation, you might need to think twice about the bank you choose. Third Bank, although some might say that the login process is a little more difficult (meaning you have to follow the five login steps instead of three), I have never had problems with my account. Plus their mobile design is very well optimized and the login steps are the same, besides downloading and installing the app.

deleted user - reddit.com

I have a credit card, mortgage, checking, and savings with them. Never had an issue with them. Granted I do not use the savings because I move my money to an online back for higher interest rates.

DeeperUnderstanding - socialanxietysupport.com

I use Fifth Third Bank. I have the same checking account I opened with them in 2007. Before that, I used US Bank, but I've disliked their policies and left them. Fifth Third has always been decent to me, despite the recent policy of charging $5 per month.

FAQs:

Does Fifth Third Bank do cash advances?

Eligible customers can take an advance which will be available to them immediately.

Learn more about Fifth Third Bank.

Is Fifth Third Bank real?

Yes, Fifth Third Bank is a Cincinnati-based regional bank with over 1,200 locations across 10 states offering a wide range of personal and business banking products and services.

Learn more about Fifth Third Bank.

Why is it 5 3 bank?

Third National Bank and Fifth National Bank merged in 1908 to form Fifth Third Bank.

See more key information about Fifth Third Bank.

What are the CD rates at Fifth Third Bank?

You can find Fifth Third Bank's CD rates here or contact Fifth Third Bank customer service directly.

What is 5th 3rd's routing number?

You can find Fifth Third Bank's routing numbers by region here.

Is Fifth Third Bank FDIC-insured?

Yes, Fifth Third Bank is FDIC-insured.

Find more information about which Fifth Third Bank accounts are FDIC-covered here.

What states is Fifth Third Bank in?

  • Ohio.
  • Florida.
  • Georgia.
  • Illinois.
  • Indiana.
  • Kentucky.
  • Michigan.
  • North Carolina.
  • Tennessee.
  • West Virginia.

Who started Fifth Third Bank?

William Scarborough founded the Bank of the Ohio Valley in 1858, which merged with Third National Bank in 1871 and with Fifth National Bank in 1908, giving rise to Fifth Third Bank.

See more key information about Fifth Third Bank.

How many employees does Fifth Third Bank have?

Fifth Third Bank has over 10,000 employees.

See more key information about Fifth Third Bank.

Does Fifth Third Bank use Zelle?

Yes, Fifth Third Bank customers can use Zelle to send and receive money through the Fifth Third mobile banking app.

Who is the president of Fifth Third Bank?

Greg Carmichael is the current president and CEO of Fifth Third Bank.

See more key information about Fifth Third Bank.

What is the interest rate on a savings account at Fifth Third Bank?

You can request the interest rates and Annual Percentage Yields (APYs) from Fifth Third Bank directly.

See Fifth Third Bank's contact information.

Where is Fifth Third Bank headquarters located?

Fifth Third Bank's headquarters are in Cincinnati, Ohio.

Is Fifth Third Bank a commercial bank?

Yes, Fifth Third Bank is a commercial bank.

When was Fifth Third Bank established?

Fifth Third Bank was founded in 1858 as Bank of the Ohio Valley and became Fifth Third Bank in 1908.