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Fifth Third Bank sets stage for nationwide expansion by applying for national bank charter

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Fifth Third Bank currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina, but the Ohio-based bank apparently has plans to go nationwide. Fifth Third announced this week that it filed an application with the Office of the Comptroller of the Currency to convert itself from an Ohio state-chartered [.]

Fifth Third pursues alternative growth strategy. Mergers and acquisitions are heating up among banks nationwide as low-interest rates and a sluggish economy keep a cap on revenue growth from lending.

The move opens the door to the more than 4,000 fintech companies to get a special purpose national bank charter. on stage showing a live presentation of its account aggregation technology that.

Fifth Third Bank has all the personal banking solutions to suit your needs. Learn about the features and benefits of our personal bank account today!. ATM nationwide network is fee-free for Fifth Third Bank customers when using their Fifth Third debit or prepaid cards. Contact Us. 1-866-671-5353.

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