- Stephanie Honan 513.534.6957
Fifth Third Bank Announces 2007 Fifth Third Scholarship Program Recipients
Fifth Third Foundation Awards 17 Students with $42,500 in Scholarships
Fifth Third Bank today announced winners of the 2007 Fifth Third Scholarship Program. Established in 2004 by the Fifth Third Foundation and administered by the National Merit Scholarship Corporation, the Fifth Third Scholarship Program seeks to annually recognize and reward the academic and civic achievements of children of Fifth Third employees. Each winner receives a one-time scholarship of $2,500 for undergraduate study at a college or university.
Chosen by the National Merit Scholarship Corporation from applications throughout Fifth Third Bank’s footprint, the 2007 Fifth Third Scholarship Program recipients are:
“Fifth Third Bank was the first financial institution in the United States to establish a charitable foundation with a mission to make meaningful grants in the communities where Fifth Third operates,” said Heidi Jark, vice president and manager of the Fifth Third Foundation Office. “We are pleased to carry on this mission and support a program that not only impacts the community, but also our employees and their families.”
“Fifth Third Bank appreciates and understands the importance of quality education for our children, and we are happy to do our part to invest in these bright students’ futures,” said Fifth Third Bancorp President & CEO Kevin T. Kabat. “I extend my congratulations to the 17 scholarship recipients and wish them best of luck as they begin college.”
The National Merit Scholarship Corporation (NMSC) is an independent not-for-profit organization. The Merit program was designed to identify and honor exceptionally able high school students, and to provide a system of services for corporations, foundations and other organizations that wish to sponsor college undergraduate scholarships to students who interest them. All aspects of the selection of winners and the administration of their awards are handled by the NMSC.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $99.8 billion in assets, operates 18 affiliates with 1,166 full-service Banking Centers, including 108 Bank Mart® locations open seven days a week inside select grocery stores and 2,127 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2007, has $225 billion in assets under care, of which it managed $34 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 through the NASDAQ® National Global Select Market System under the symbol “FITB.”