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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fifth Third Bancorp | NASDAQ:FITB | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.75 | 2.03% | 37.64 | 35.37 | 37.69 | 37.77 | 37.28 | 37.40 | 4,007,016 | 05:00:00 |
Fifth Third recently announced that it provided over 1 million meals in May to fight hunger during its annual “Feeding Our Communities” initiative. The month-long effort included employee and customer donations, canned goods drives and employee volunteer activities. This achievement represents the first time the Bank has topped the million-meal mark.
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According to No Kid Hungry, 48.8 million Americans—including 13 million children— live in households that lack the means to get enough nutritious food on a regular basis. As a result, they struggle with hunger at some time during the year. Food insecure families, defined as those who have limited or uncertain availability of nutritionally adequate and safe food, exist in 17.2 million households in America, 3.9 million of them with children.
Facts like these propel the Bank to make a difference in the communities that it serves.
“Fifth Third’s Feeding Our Communities initiative allowed our employees, customers and partners to join together in a shared commitment to improve lives,” said Brian Lamb, executive vice president and chief corporate social responsibility and reputation officer. “The Bank realizes that hunger is a far-reaching problem that affects people throughout society, especially children. By addressing the most basic needs of our neighbors, we are demonstrating our dedication to continue Fifth Third’s legacy of caring for the community.”
In Greater Cincinnati, employees assembled 3,000 Power Packs for the Freestore Foodbank. The packs are provided to children who may not get regular meals on weekends.
"Hunger affects a child's ability to learn and perform well at school," said Kurt Reiber, president and CEO of the Freestore Foodbank. "Children who experience hunger come to school ill-prepared to learn, are more likely to have trouble focusing in class, and may struggle with complex social interactions and adapt less effectively to environmental stress. We are grateful for the generous support of companies like Fifth Third Bank as we work together to solve hunger and ensure that children have the fuel they need to grow healthy and strong."
Fifth Third partnered with more than 65 organizations across its 10-state footprint to provide employee volunteer opportunities in May. Each region identified needs in their local communities and designed volunteer efforts to support. Some examples include:
The Bank kicked off its donation activities during the first week of May in honor of Fifth Third Day, or 5/3 on the calendar. For more than 25 years, Fifth Third has used this special date to recognize the contribution of its employees, to thank its valued customers and to support the community. Over the last six years, in honor of Fifth Third Day, the Bank has provided more than 4 million meals across the Midwest and Southeast as a way to fight hunger.
The Bank’s Feeding Our Communities initiative aligns well with other work Fifth Third is doing to improve lives. For more on Fifth Third’s commitment to the community, including details on the Bank’s Community Commitment, visit 53.com/commitment or read the first-year results report.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of March 31, 2017, the Company had $140 billion in assets and operated 1,155 full-service Banking Centers and 2,471 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. As of March 31, 2017, Fifth Third also had a 17.8 percent interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2017, had $323 billion in assets under care, of which it managed $33 billion for individuals, corporations and not-for-profit organizations through its Trust, Brokerage and Insurance businesses. 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. Member FDIC, Equal Housing Lender.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170607006063/en/
Fifth Third BancorpDanielle Jones, 513-534-0162
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