Fifth Third Celebrates Opening of New Branch in Charlotte’s Historic West End Neighborhood
Fifth Third Bank has opened a new full-service banking center in Charlotte's Historic West End Neighborhood, marking the first of 15 planned banking centers in low- and moderate-income (LMI) or high minority (HMT) population areas this year. The 1,900-square-foot facility features a drive-thru, ATM, and innovative open design.
This initiative is part of Fifth Third's Neighborhood Program, which aims to revitalize historically disinvested neighborhoods. Since 2021, the bank has invested $85.2 million in Charlotte's Historic West End, catalyzing an additional $28 million for a total impact of $113.2 million.
Key projects include the Thrive Food Hub, a 6,000-square-foot shopping center renovation, the Legacy at Carr Heights senior living complex with 120 affordable units, and the Hoskins Street Home Preservation project protecting 32 families from displacement. At the opening, the Fifth Third Foundation and LISC Charlotte presented $100,000 in grants to five local small businesses.
Fifth Third Bank ha aperto un nuovo centro bancario completo nel quartiere Historic West End di Charlotte, segnando il primo di 15 centri bancari programmati quest'anno in aree a bassa e moderata income (LMI) o ad alta popolazione minoritaria (HMT). La struttura di 1.900 piedi quadrati dispone di un drive-thru, ATM e un design innovativo e aperto.
Questa iniziativa fa parte del Neighborhood Program di Fifth Third, che mira a rivitalizzare quartieri storicamente disinvestiti. Dal 2021, la banca ha investito 85,2 milioni di dollari nel quartiere Historic West End di Charlotte, catalizzando ulteriori 28 milioni di dollari per un impatto totale di 113,2 milioni di dollari.
I progetti chiave includono il Thrive Food Hub, una ristrutturazione di un centro commerciale di 6.000 piedi quadrati, il complesso per anziani Legacy at Carr Heights con 120 unità a prezzi accessibili, e il progetto di preservazione abitativa Hoskins Street Home Preservation che protegge 32 famiglie dallo spostamento. All'inaugurazione, la Fifth Third Foundation e LISC Charlotte hanno presentato 100.000 dollari in sovvenzioni a cinque piccole imprese locali.
Fifth Third Bank ha abierto un nuevo centro bancario de servicio completo en el vecindario Historic West End de Charlotte, marcando el primero de 15 centros bancarios planeados para este año en áreas de ingresos bajos y moderados (LMI) o de alta población minoritaria (HMT). La instalación de 1,900 pies cuadrados cuenta con un drive-thru, cajero automático y un diseño innovador y abierto.
Esta iniciativa es parte del Neighborhood Program de Fifth Third, que tiene como objetivo revitalizar vecindarios históricamente desinvertidos. Desde 2021, el banco ha invertido 85.2 millones de dólares en el Historic West End de Charlotte, catalizando otros 28 millones para un impacto total de 113.2 millones de dólares.
Los proyectos clave incluyen el Thrive Food Hub, una renovación de un centro comercial de 6,000 pies cuadrados, el complejo de vivienda para ancianos Legacy at Carr Heights con 120 unidades asequibles, y el proyecto de preservación de hogares Hoskins Street Home Preservation que protege a 32 familias de desalojo. En la inauguración, la Fundación Fifth Third y LISC Charlotte presentaron 100,000 dólares en subvenciones a cinco pequeñas empresas locales.
Fifth Third Bank는 샬럿의 역사적인 웨스트 엔드 지역에 새로운 종합 은행 센터를 열었습니다. 이는 올해 저소득 및 중간 소득(LMI) 또는 고소수 민족(HMT) 인구 지역에 계획된 15개의 은행 센터 중 첫 번째입니다. 이 1,900제곱피트 시설에는 드라이브 스루, ATM 및 혁신적인 개방형 디자인이 갖춰져 있습니다.
이 프로그램은 Fifth Third의 Neighborhood Program의 일환으로, 역사적으로 투자 부족했던 지역을 재활성화하는 것을 목표로 하고 있습니다. 2021년 이후, 이 은행은 샬럿의 역사적인 웨스트 엔드에 8520만 달러를 투자했으며, 총 1억1320만 달러의 영향을 위해 추가로 2800만 달러를 촉발했습니다.
주요 프로젝트로는 6,000제곱피트 규모의 쇼핑 센터 리노베이션인 Thrive Food Hub, 120개 저렴한 유닛을 보유한 노인 주거 복합 단지 Legacy at Carr Heights, 32가구를 보호하는 Hoskins Street Home Preservation 프로젝트가 포함됩니다. 개막식에서 Fifth Third 재단과 LISC 샬럿은 다섯 개의 지역 소기업에 100,000달러의 보조금을 전달했습니다.
Fifth Third Bank a ouvert un nouveau centre bancaire complet dans le quartier historique de West End à Charlotte, marquant le premier des 15 centres bancaires prévus cette année dans des zones à faibles et moyens revenus (LMI) ou à forte population minoritaire (HMT). Cette installation de 1 900 pieds carrés possède un drive-thru, un distributeur automatique et un design innovant et ouvert.
Cette initiative fait partie du Neighborhood Program de Fifth Third, qui vise à revitaliser les quartiers historiquement sous-investis. Depuis 2021, la banque a investi 85,2 millions de dollars dans le quartier historique de West End à Charlotte, catalysant 28 millions de dollars supplémentaires pour un impact total de 113,2 millions de dollars.
Les projets clés comprennent le Thrive Food Hub, une rénovation d'un centre commercial de 6 000 pieds carrés, le complexe de logements pour personnes âgées Legacy at Carr Heights avec 120 unités abordables, et le projet de préservation des logements Hoskins Street Home Preservation qui protège 32 familles de l'expulsion. Lors de l'inauguration, la fondation Fifth Third et LISC Charlotte ont présenté 100 000 dollars de subventions à cinq petites entreprises locales.
Fifth Third Bank hat ein neues vollumfängliches Bankzentrum im historischen West End von Charlotte eröffnet, das erste von 15 geplanten Bankzentren in einkommensschwachen und moderaten (LMI) oder von Minderheiten stark bewohnten (HMT) Gebieten in diesem Jahr. Die 1.900 Quadratfuß große Einrichtung bietet eine Drive-Thru, einen Geldautomaten und ein innovatives offenes Design.
Diese Initiative ist Teil des Neighborhood Program von Fifth Third, das darauf abzielt, historisch unterinvestierte Viertel zu revitalisieren. Seit 2021 hat die Bank 85,2 Millionen Dollar in das historische West End von Charlotte investiert und zusätzlich 28 Millionen Dollar mobilisiert, was einen Gesamteinfluss von 113,2 Millionen Dollar ergibt.
Wichtige Projekte umfassen Thrive Food Hub, eine Renovierung eines 6.000 Quadratfuß großen Einkaufszentrums, den Legacy at Carr Heights Seniorenanlage mit 120 bezahlbaren Einheiten und das Projekt zur Wohnraumsicherung Hoskins Street Home Preservation, das 32 Familien vor Vertreibung schützt. Bei der Eröffnung überreichten die Fifth Third Foundation und LISC Charlotte 100.000 Dollar an fünf lokale Kleinunternehmen.
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Historic West End Branch continues Bank’s expansion into LMI neighborhoods
A new full-service banking center in Charlotte’s Historic West End Neighborhood is the first of 15 banking centers Fifth Third plans to open in low- and moderate-income (LMI) or high minority (HMT) population census tracts this year. (Photo: Business Wire)
Fifth Third prioritizes financial access and neighborhood revitalization through its Neighborhood Program, a community development initiative which creates and implements innovative place-based strategies to effect positive change in nine historically disinvested neighborhoods across the Bank’s 11-state footprint, including
“When we launched the Neighborhood Program in 2021, our goal was to empower the futures of residents and small businesses in the communities we serve by providing financial access,” said Jada Grandy-Mock, chief community impact banking officer for Fifth Third. “This branch is an open door—a door of opportunity for Charlotte’s Historic West End. Every resident in this community is welcome to come through those doors and find a financial partner in us to empower their future dreams.”
Located at 2340 Beatties Ford Road, the Historic West End branch will be a model for innovation and sustainability, occupying a modest 1,900 square feet. The center will have the added convenience of a drive-thru and ATM. Inside, the center’s open design will make it easy for customers to get quick digital service or discuss more complex banking products, like college savings plans, mortgages, or retirement solutions. The new, streamlined building will feature flexible meeting and seating areas that offer adjustable layers of privacy. Fifth Third broke ground in February 2023, with Charlotte-Based McFarland Construction serving as the general contractor.
“We are able to celebrate the opening of this Historic West End location because of the special bond that exists between our community partners and our local Fifth Third team,” said Lee Fite, president, Fifth Third Bank, Carolinas Region. “This is the result of many years of conversations, planning and hard work that allowed for a shared commitment to provide resources for the good of our community."
At Wednesday’s event, the Fifth Third Foundation and LISC Charlotte also presented
Fifth Third’s Neighborhood Program is pioneering a new place-based approach to community development by partnering with a lead partner organization and other local organizations to build ecosystems that drive real change through both financial and social investments. This collective ecosystem approach is focused on identifying solutions to key challenges in partnership with the community, with the goal of creating lasting, transformative change.
The Historic West End branch is the first new financial center to open as part of the neighborhood program, though several renovations have been completed and several new branches are planned within other program neighborhoods.
In partnership with LISC Charlotte and other community agencies, Fifth Third has made
Key initiatives include:
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Thrive Food Hub: A 6,000 square foot shopping center located at 1121 Beatties Ford Road in the heart of the Historic West End has been acquired by Historic West End Partners. The underutilized strip mall is being renovated and turned into a commercial kitchen for local chefs, a corner store selling fresh food, and a meeting space for small businesses in the community. Historic West End Partners was able to acquire the
$1.3 million $300,000 -
Legacy at Carr Heights: A grand opening was held at the Legacy at Carr Heights Senior Apartments in July 2024. Fifth Third was proud to be among the many private and public partners who helped to bring the 120-unit affordable senior living apartment complex to the community. A philanthropic program-related investment from the Fifth Third Foundation to the West Side Community Land Trust helped facilitate the original purchase of the land, and Fifth Third was among the funding partners for the
$31 million -
Hoskins Street Home Preservation: The West Side Community Land Trust leveraged
$1.6 million
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
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250122788509/en/
Amanda Nageleisen (Media Relations)
amanda.nageleisen@53.com
Matt Curoe (Investor Relations)
matt.curoe@53.com | 513-534-2345
Source: Fifth Third
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