Fifth Third Bank Joins Forces with Rebuilding Together to Support Veterans; Company Pledges $150,000 to Rebuild Veterans' Homes
Cincinnati – Fifth Third Bank announced today that it has donated $150,000 to Rebuilding Together, a national nonprofit, to fund long-term home rebuilding projects with a special emphasis on veterans.
Fifth Third Bank and Rebuilding Together will join forces on Thursday, Nov. 7 on home rebuild projects for low-income veteran homeowners in six cities across the country. Up to 400 Fifth Third Bank employees will help Rebuilding Together make critical repairs, accessibility modifications and energy-efficient upgrades at no cost to the veterans.
Employees from local Fifth Third Bank affiliates will join Rebuilding Together's Atlanta, Charleston, Dayton, Detroit, Knoxville and Tampa Bay affiliates to revitalize the homes. In addition to these projects, the Bank has partnered with People Working Cooperatively for its "Ramp it up for Veterans" initiative and will work on a similar project for a veteran in Cincinnati on the same day.
"There's no more fitting way to celebrate and honor the contributions made by our servicemen and women than by taking care of our nation's veterans," said Kevin T. Kabat, vice-chairman and CEO, Fifth Third Bancorp. "This association with Rebuilding Together enabled our two organizations to work together locally to positively impact local communities through these housing revitalization projects. We are grateful to Rebuilding Together for giving us the opportunity to serve those who have served."
"We are grateful for Fifth Third Bank's support and look forward to partnering on rebuilding these veterans' homes," said Charley Shimanski, president and CEO of Rebuilding Together. "Fifth Third's commitment to creating and sustaining vibrant communities through local engagement will help further our mission of bringing volunteers and communities together to improve the homes and lives of low-income homeowners in need."
About Fifth Third:
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $126 billion in assets and operates 18 affiliates with 1,321 full-service Banking Centers, including 102 Bank Mart® locations open seven days a week inside select grocery stores and 2,398 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 25% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2013, had $318 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. Equal Housing Lender.
About Rebuilding Together:
Rebuilding Together is a Safe and Healthy Housing organization that believes Community Starts at Home. Our focus provides critical repairs, accessibility modifications and energy efficient upgrades to low-income homes and community centers at no cost to service recipients. Our impact extends beyond the individuals served to revitalize and stabilize vulnerable neighborhoods and communities across the country. Our 187 local affiliates complete more than 10,000 rebuild projects a year thanks to the efforts of 100,000 volunteers from corporate partners, skilled trades professionals and everyday good citizens. Join us – visit www.RebuildingTogether.org.