Fifth Third Bank to Suspend Evictions during Holiday Season
CINCINNATI -- December 11, 2012
Fifth Third Bank (Nasdaq: FITB) announced today that it will postpone eviction
processing between December 17, 2012 and January 2, 2013 for Bank-owned
mortgages that have been foreclosed.
“We are suspending evictions through the start of the new year to help our
customers who are experiencing financial hardships find relief this holiday
season,” said Steven Alonso, executive vice president and head of Fifth
Third’s Consumer Bank.
Fifth Third is committed to helping customers stay in their homes and provides
many resources to help borrowers prevent foreclosure. Customers experiencing
hardships are encouraged to visit www.53.com/borrower-options or call
1-800-375-1745 for more information on available options and programs.
Fifth Third Bancorp is a diversified financial services company headquartered
in Cincinnati, Ohio. The Company has $117 billion in assets and operates 15
affiliates with 1,325 full-service Banking Centers, including 106 Bank Mart®
locations open seven days a week inside select grocery stores and 2,403 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 39% interest in
Vantiv Holding, LLC. Fifth Third is among the largest money managers in the
Midwest and, as of September 30, 2012, had $300 billion in assets under care,
of which it managed $26 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®
National Global Select Market under the symbol “FITB.” Loans are subject to
credit review and approval. Fifth Third Bank. Member FDIC. Equal Housing
Fifth Third Bank
Barbara Grimsley, 513-534-6791
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