Fifth Third Bank Selected as Exclusive ATM Provider for RaceTrac's Georgia and Florida Locations
ATLANTA, Ga. OCTOBER 9, 2013 – Fifth Third Bank has partnered with RaceTrac Petroleum, Inc., to provide ATMs at 225 convenience stores in Georgia and Florida. Installation of the new Fifth Third ATMs will begin this month with completion projected by the end of 2013. This is Fifth Third Bank's largest ATM relationship with a convenience store chain.
"After working with RaceTrac as a banking client, we realized the potential of expanding this working relationship to benefit RaceTrac and Fifth Third guests alike," said Randy Koporc, president of Fifth Third Bank (Georgia). "We seized the mutually beneficial opportunity to enhance each other's value."
Both Fifth Third Bank and RaceTrac have locations throughout Georgia and Florida, as well as additional southern states. Currently, Fifth Third has 32 branches in Georgia and 169 in Florida. There will be a total of 74 ATMs in Georgia RaceTrac stores and 151 throughout RaceTrac's Florida locations. This partnership extends the network of accessibility and one-stop convenience for both customers and non-customers.
"We're pleased to work with RaceTrac and to be their official ATM provider in Georgia and Florida," said Karen Dee, regional president of Florida and Mid-South regions for Fifth Third Bank. "This is a natural partnership because we both have a strong presence and are committed to these key growth areas. In addition to new offers like Identity AlertSM, online bill pay and mobile banking, this is just another way we're providing greater services to our community."
"At RaceTrac, we are dedicated to making people's lives simpler and more enjoyable – a core mission that we share with Fifth Third," said Allison Moran, CEO of RaceTrac Petroleum, Inc.
"We're glad to partner with Fifth Third and believe that these new, upgraded machines will provide ease of use to our guests in Georgia and Florida."
For more information about Fifth Third, or to find the nearest financial center, visit www.53.com.
About Fifth Third:
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $123 billion in assets and operates 18 affiliates with 1,326 full-service Banking Centers, including 104 Bank Mart® locations open seven days a week inside select grocery stores and 2,369 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 28% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2013, had $313 billion in assets under care, of which it managed $27 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 was established in 1858. Member FDIC.
Headquartered in Atlanta, GA, RaceTrac has been serving guests since 1934 and now operates more than 370 convenience store locations in Georgia, Florida, Louisiana and Texas. In January 2012, RaceTrac introduced its new 6,000 square foot store design, featuring 24 hour Swirl World frozen yogurt, fresh salads and sandwiches, up to 24 fueling stations and more than 4,000 items to satisfy the needs of its guests. While operating under the mission of making people's lives simpler and more enjoyable, the company has been named a top workplace by the Atlanta Journal-Constitution (2013, 2012 and 2011), the South Florida Business Journal (2012) the Orlando Business Journal (2011) and the Dallas Business Journal (2010 and 2009), as well as being recognized on Forbes list of largest private companies (1998 - 2013). For more information, visit RaceTrac on Facebook, Twitter, Web and LinkedIn.