Fifth Third Bank Extends More Than $12 Billion in Credit to Business Customers

Fifth Third Bank announced today that it has extended more than $12 billion in new and renewed credit to business customers from April through June 2015. Fifth Third Bank loaned more than $8.5 billion to businesses throughout its footprint during the First Quarter of 2015.

Companies who have received loans from Fifth Third Bank during this time period include:

• Assurance Operations Corp, a full service engineering and manufacturing solutions company specializing in metal fabrication, stamping applications and industrial packaging. The Lawrenceburg, TN based company secured acquisition financing and treasury management services.
• American Panel Corporation, a producer and distributor of commercial and military plane panels and technology and Manufacturing Resources International is a manufacturer and distributor of large digital display marketing units. The Alpharetta, Georgia based companies secured a line of credit, commercial real estate loan and other treasury management services.
• Kalson’s Hospitality, an owner/operator of nationally flagged hotels in Central Florida. The Company secured a construction loan to develop a 133 room Homewood Suites.
• The Cellular Connection, a premium Verizon Wireless Retailer in Carmel, Indiana. The Company secured a revolving line of credit, term loan for acquisitions and to enhance working capital.
• Orion Care Services, an owner/operator of 18 skilled nursing facilities located in Ohio and Michigan secured a term loan to refinance existing real estate and fund future acquisitions and development.
• Spears Transfer Expediting, a Dayton, Ohio based trucking and logistics company. The Company secured an SBA term loan, line of credit and other treasury management services to enhance working capital.

“Fifth Third remains dedicated to providing business access to credit,” said Greg Kosch, executive vice president and head of the Wholesale Bank for Fifth Third. “We will continue to work with qualified businesses to help them expand and generate jobs.”

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $142 billion in assets and operates 1,299 full-service Banking Centers, including 101 Bank Mart® locations, most open seven days a week, inside select grocery stores and 2,630 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 22.8% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2015, had $304 billion in assets under care, of which it managed $27 billion for individuals, corporations and not-for-profit organizations. 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.

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Fifth Third BancorpSean Parker, 513-534-6791