Fifth Third Awards $53,000 Grants to Three Small Businesses

Rhea-AI Summary

Fifth Third Bank (FITB) employees showed their love for local small businesses by entering them in a sweepstakes to win a $53,000 grant. The winners are Rey’s Remodeling in Indianapolis, Delight Nails & Spa in Orlando, and RODI Italian in Loveland, Ohio. Nearly 2,200 entries were made by employees, demonstrating the bank's commitment to supporting small businesses and local communities.

Positive

• Employees' initiative to appreciate local small businesses reflects positively on Fifth Third Bank's community engagement.
• The $53,000 grants provided to the winners can significantly impact their business growth and support for the local communities.

Negative

• None.

• Conclusion of Bank’s Inaugural ‘Love, Fifth Third’ Appreciation Campaign
• Nearly 2,200 sweepstakes entries made by employees

CINCINNATI--(BUSINESS WIRE)-- For two weeks in November, Fifth Third Bank employees showed their love for their local small businesses by entering them in a sweepstakes to win a $53,000 grant – to be used as needed by the business. The Bank is pleased to announce the winners: Rey’s Remodeling in Indianapolis, Delight Nails & Spa in Orlando and RODI Italian in Loveland, Ohio.

Delight Nails & Spa owner Oanhna Thi Chau accepts a $53,000 small business grant from the “prize patrol” as part of the Love, Fifth Third campaign. (Photo: Business Wire)

“I am incredibly proud of our employees who visited their favorite small businesses to show their appreciation and provide a chance to win a grant,” said Melissa Stevens, chief marketing officer at Fifth Third. “And I could not be more excited for Rey’s Remodeling, Delight Nails & Spa and RODI Italian as the sweepstakes winners. I can’t wait to see how they use the grants to help them grow and support the local communities.

“Small businesses serve as the economic engine for our communities and through this campaign we were able to focus our efforts where we can have the most impact.”

Fifth Third employees submitted nearly 2,200 entries in the sweepstakes by sharing photos of the small businesses and #love53 on social media. Visit Fifth Third’s Facebook, Instagram or LinkedIn to see the entries or follow #love53.

To read more about the winners:

• Delight Nails & Spa news release
• RODI Italian news release
• Rey’s Remodeling news release

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association, is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231218436502/en/

Beth Oates (Media Relations)

Beth.Oates@53.com | 313-230-9002

Matt Curoe (Investor Relations)

Matthew.Curoe@53.com | 513-534-2345

Source: Fifth Third

FAQ

What is the purpose of Fifth Third Bank's 'Love, Fifth Third' Appreciation Campaign?

The campaign aimed to show appreciation for local small businesses by entering them in a sweepstakes to win a $53,000 grant.

Who are the winners of the campaign?

The winners are Rey’s Remodeling in Indianapolis, Delight Nails & Spa in Orlando, and RODI Italian in Loveland, Ohio.

How many entries were made by Fifth Third Bank employees?

Nearly 2,200 entries were made by employees in the sweepstakes.

Where can the entries for the campaign be viewed?

The entries can be viewed on Fifth Third Bank's Facebook, Instagram, or LinkedIn pages, or by following #love53.