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Fifth Third Awards More Than $25,000 in Small Business Grants

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Fifth Third Bank (NASDAQ: FITB) has awarded over $25,000 in grants to small businesses through a social media competition and tipping campaign in November. The initiative included five $5,300 grants awarded to randomly selected businesses from 2,800 entries submitted by bank employees using #Love53. Additionally, employees distributed more than $53,000 in $53 tips at local businesses before Small Business Saturday.

The winning businesses include Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL), and The Empanada's Box (Cincinnati, OH). The campaign is part of Fifth Third's broader commitment to supporting its 320,000+ small business clients through lending, investments, and technical assistance.

Fifth Third Bank (NASDAQ: FITB) ha assegnato oltre $25,000 in sovvenzioni a piccole imprese tramite una competizione sui social media e una campagna di mance nel mese di novembre. L'iniziativa ha incluso cinque sovvenzioni di $5,300 assegnate a imprese selezionate casualmente tra 2,800 iscrizioni presentate da dipendenti della banca utilizzando #Love53. Inoltre, i dipendenti hanno distribuito oltre $53,000 in mance da $53 presso imprese locali prima del Sabato delle Piccole Imprese.

Le imprese vincitrici includono Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL) e The Empanada's Box (Cincinnati, OH). La campagna fa parte dell'impegno più ampio di Fifth Third nel sostenere i suoi oltre 320,000 clienti piccole imprese attraverso prestiti, investimenti e assistenza tecnica.

Fifth Third Bank (NASDAQ: FITB) ha otorgado más de $25,000 en subvenciones a pequeñas empresas a través de un concurso en redes sociales y una campaña de propinas en noviembre. La iniciativa incluyó cinco subvenciones de $5,300 otorgadas a negocios seleccionados al azar de entre 2,800 inscripciones presentadas por empleados del banco utilizando #Love53. Además, los empleados distribuyeron más de $53,000 en propinas de $53 en negocios locales antes del Sábado de Pequeñas Empresas.

Los negocios ganadores incluyen Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL) y The Empanada's Box (Cincinnati, OH). La campaña forma parte del compromiso más amplio de Fifth Third de apoyar a sus más de 320,000 clientes de pequeñas empresas mediante préstamos, inversiones y asistencia técnica.

Fifth Third Bank (NASDAQ: FITB)는 11월에 소셜 미디어 공모전과 팁 캠페인을 통해 25,000달러 이상을 소규모 기업에 보조금으로 수여했습니다. 이 이니셔티브는 #Love53를 사용하여 은행 직원이 제출한 2,800개의 응답 중에서 무작위로 선택된 기업에 각각 5,300달러의 보조금 5개를 포함했습니다. 또한, 직원들은 소규모 비즈니스 토요일 이전에 지역 비즈니스에 53달러의 팁을 53,000달러 이상 배포했습니다.

수상한 기업에는 Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL) 및 The Empanada's Box (Cincinnati, OH)가 포함됩니다. 이 캠페인은 대출, 투자 및 기술 지원을 통해 320,000개 이상의 소규모 비즈니스 고객을 지원하려는 Fifth Third의 더 넓은 헌신의 일환입니다.

Fifth Third Bank (NASDAQ: FITB) a attribué plus de 25 000 $ en subventions aux petites entreprises par le biais d'un concours sur les réseaux sociaux et d'une campagne de pourboires en novembre. L'initiative comprenait cinq subventions de 5 300 $ attribuées à des entreprises sélectionnées au hasard parmi 2 800 participations soumises par des employés de la banque utilisant le hashtag #Love53. De plus, les employés ont distribué plus de 53 000 $ en pourboires de 53 $ dans des entreprises locales avant le Samedi des Petites Entreprises.

Les entreprises gagnantes comprennent Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL) et The Empanada's Box (Cincinnati, OH). La campagne fait partie de l'engagement plus large de Fifth Third à soutenir ses plus de 320 000 clients de petites entreprises par le biais de prêts, d'investissements et d'assistance technique.

Fifth Third Bank (NASDAQ: FITB) hat im November über 25.000 Dollar in Form von Zuschüssen an kleine Unternehmen vergeben, die durch einen Wettbewerb in sozialen Medien und eine Trinkgeldkampagne unterstützt wurden. Die Initiative umfasste fünf Zuschüsse in Höhe von 5.300 Dollar, die an zufällig ausgewählte Unternehmen aus 2.800 Einsendungen von Bankmitarbeitern mit dem Hashtag #Love53 verliehen wurden. Darüber hinaus verteilten die Mitarbeiter mehr als 53.000 Dollar in Trinkgeldern von 53 Dollar an lokale Unternehmen vor dem Small Business Saturday.

Zu den Gewinnerunternehmen gehören Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL) und The Empanada's Box (Cincinnati, OH). Die Kampagne ist Teil des umfassenderen Engagements von Fifth Third zur Unterstützung der über 320.000 kleinen Geschäftskunden durch Darlehen, Investitionen und technische Unterstützung.

Positive
  • Demonstrates community engagement and support for small businesses
  • Shows active involvement in local markets across 11-state footprint
  • Builds positive brand recognition through social media campaign
Negative
  • None.

Bank tips big during holiday season to celebrate small businesses

CINCINNATI--(BUSINESS WIRE)-- Throughout the month of November, Fifth Third (NASDAQ: FITB) showed appreciation to small businesses across its 11-state footprint through a unique social media competition and tipping campaign, with employees celebrating their favorite local small businesses on social media for the opportunity to win one of five $5,300 grants.

The Empanada’s Box in Cincinnati, Oh. was one of five small businesses randomly selected to receive a <money>$5,300</money> grant from Fifth Third as part of a holiday small business appreciation campaign. (Photo: Business Wire)

The Empanada’s Box in Cincinnati, Oh. was one of five small businesses randomly selected to receive a $5,300 grant from Fifth Third as part of a holiday small business appreciation campaign. (Photo: Business Wire)

Fifth Third employees across the country participated in the campaign, entering more than 2,800 local small businesses nationally for recognition through social media posts using the hashtag #Love53.

Of the 2,800 small businesses entered in the sweepstakes, five small businesses were randomly selected to receive $5,300 grants to help their companies continue to grow.

In addition to the sweepstakes, Fifth Third employees left more than 1,000 $53 tips – amounting to more than $53,000 – at their favorite small businesses throughout the week leading up to Small Business Saturday as a random act of kindness.

“At Fifth Third, we know that small, local businesses form the foundation of our communities – where we live, work, and play. And when they succeed, we succeed,” said Melissa Stevens, chief marketing officer for Fifth Third. “Our employees were excited to show our local small businesses some extra love this holiday season through our second annual ‘Swap, Snap, Share’ small business appreciation campaign, and we can’t wait to see how these grants help the winning businesses continue to grow.”

The winning businesses are:

The companies were surprised with the news late last week by the Fifth Third employees who nominated them. Videos of the surprises are available on Fifth Third’s LinkedIn page.

In Cincinnati, Fifth Third Compliance Officer Alex Yurchak nominated his favorite local small business: the fast-growing The Empanada’s Box, which offers empanadas in more than 16 unique international flavors that fuse the Nunez family’s Argentinian roots with other cultures and their flavors.

“I am in shock. I had no idea we were nominated for this amazing gift,” said Diego Nunez, who owns The Empanada's Box with his wife Fabiana Nunez. “Thank you, Fifth Third Bank. This grant will allow us to expand our marketing campaign to support each of our Price Hill, Covington, and Findlay Market locations.”

The ‘Swap, Snap, Share’ campaign was one more way that Fifth Third proudly supports small businesses across its footprint. The Bank also serves more than 320,000 small business clients in communities across the U.S. Supporting small businesses through lending, investments and technical assistance is a significant part of the Bank’s commitment to community and economic development.

Additionally, Fifth Third is committed to helping nurture, grow and strengthen small businesses through initiatives such as its Neighborhood Investment Program, which creates and implements innovative place-based strategies to effect positive change in nine historically disinvested neighborhoods across the Bank’s 11-state footprint, and a new Small Business Catalyst Fund launched in October.

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. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

Amanda Nageleisen (Media Relations)

amanda.nageleisen@53.com

Matt Curoe (Investor Relations)

matt.curoe@53.com | 513-534-2345

Source: Fifth Third

FAQ

How much did Fifth Third Bank (FITB) award in small business grants in November 2023?

Fifth Third Bank awarded five $5,300 grants totaling $26,500, plus over $53,000 in $53 tips, amounting to more than $79,500 in total small business support.

Which small businesses won Fifth Third Bank's (FITB) $5,300 grants?

The winning businesses were Kim's Kakes (Rossford, OH), Salon Impressions (Orland Park, IL), Magic Stitches (Raleigh, NC), The Corner Pizza Bar (Orlando, FL), and The Empanada's Box (Cincinnati, OH).

How many small businesses participated in Fifth Third's (FITB) #Love53 campaign?

Over 2,800 local small businesses were entered in the sweepstakes through social media posts by Fifth Third employees using the hashtag #Love53.

How many small business clients does Fifth Third Bank (FITB) currently serve?

Fifth Third Bank serves more than 320,000 small business clients across its footprint in the United States.

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