Contact: Stacie Haas
Fifth Third Bank Launches Recycling Pilot at 20 Greater Cincinnati Facilities; Bank Partnering with Green Recycling Works, Rumpke, and Waste Management
Cincinnati – Fifth Third Bank today initiated a recycling pilot project at 20 facilities in the Greater Cincinnati area, including 19 banking centers and a mid-size office building. The pilot builds upon recent expansions of recycling at Fifth Third's Madisonville campus and downtown Cincinnati headquarters. The pilot project is helping the Bank prepare for a broader introduction of recycling to Fifth Third's banking centers and offices in 2013.
Starting today, these facilities have new interior recycling containers that will be accessible to customers and employees. Acceptable recyclable materials include non-confidential paper, cardboard, plastic bottles and jugs, glass bottles and jars, and metal cans.
Fifth Third Bank is partnering with several organizations to design and implement the project: Green Recycling Works, Rumpke, and Waste Management. Green Recycling Works will collect and recycle materials at some downtown bank branches while fulfilling its broader mission to provide transitional employment and job training for graduates of City Gospel Mission's Exodus Program. Rumpke and Waste Management are providing recycling services within the larger region.
"This is an exciting time for the Bank's Environmental Sustainability program," said William J. Moran, senior vice president and director of Corporate Facilities for Fifth Third Bank. "We are testing and refining our processes for educating our staff, partners, and vendors so that we can expand recycling across our 12-state footprint next year. This pilot is another step in our journey to become more environmentally sustainable. It also gives us a chance to improve our environment and help members of our community rebuild their lives."
Fifth Third Bank's environmental sustainability efforts are outlined in the 2011 Corporate Social Responsibility Report at www.53.com/csrreport.
Fifth Third Bancorp (NASDAQ: FITB) is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $118 billion in assets and operates 15 affiliates with 1,321 full-service Banking Centers, including 105 Bank Mart® locations open seven days a week inside select grocery stores and 2,403 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 39% interest in Vantiv Holding, LLC, formerly Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2012, had $296 billion in assets under care, of which it managed $26 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 on the NASDAQ® National Global Select Market under the symbol "FITB." Fifth Third Bank. Member FDIC