Fifth Third Bank, National Association
Headquarters
38 Fountain Square Plz
Cincinnati, OH 45202
See all branch locations →
ACH 042000314
Phone 866 671 5353
2024 Overview
General Bank Information
Fifth Third Bank, National Association is an FDIC insured institution located in Cincinnati, OH. It was founded in 1865 and has approximately $212.48 billion in assets. Customers can open an account at one of its 1,319 branches.
| FDIC Insured | Yes |
| FDIC Certificate | # 6672 |
| Date Established | 1865 |
| Assets | $ 212.48 billion |
| Loans | $ 114.83 billion |
| Deposits | $ 172.16 billion |
| Capital | $ 21.38 billion |
For a more detailed analysis of Fifth Third Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.
Deposit Rates - November 16, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| SAV
|
0.01% | $500 | - |
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|
|
Money Market
|
0.01% | $500 | - |
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|
| CD Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| 3 Month CD Promo
|
4.50% | $5,000 | $250,000 |
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|
| 7 Mo CD
|
4.20% | $5,000 | - |
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|
| 12 Mo CD
|
0.01% | $500 | $100,000 |
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|
| 13 Month CD Promo
|
3.50% | $5,000 | $250,000 |
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|
| 18 Mo CD
|
0.01% | $500 | $100,000 |
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|
| 24 Mo CD
|
0.01% | $500 | $100,000 |
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|
| 24 Month CD Promo
|
2.00% | $5,000 | $250,000 |
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|
| 36 Mo CD
|
0.01% | $500 | $100,000 |
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|
| 48 Mo CD
|
0.01% | $500 | $100,000 |
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|
| 60 Mo CD
|
0.01% | $500 | $100,000 |
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|
| Variable IRA Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| VIRA
|
0.01% | $1 | $499 | Learn More |
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| INTCK
|
0.01% | $1 | - | Learn More |
| Checking Rates | APY | MIN | FEE | |
|---|---|---|---|---|
| Express Checking | 0.00% | $1,500 | $0.00 | Learn More |
| Preferred Checking | 0.01% | $100 | $25.00 | Learn More |
Loan Rates - November 16, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Fifth Third Bank, National Association
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Monthly Payment |
Learn More |
|---|---|---|---|---|
NMLS ID: 1835285 |
6.494% |
6.375% 0.75 points $4,000 fees |
$1,997 | Learn More |
NMLS ID: 1025894 |
6.868% |
6.750% 1.00 points $3,884 fees |
$2,076 | Learn More |
NMLS ID: 1907 |
7.181% |
7.125% 0.63 points $1,802 fees |
$2,156 | Learn More |
NMLS ID: 3030 |
7.225% |
7.125% 1.00 points $3,200 fees |
$2,156 | Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR
7.490 %
After Intro: 7.490 % |
$0 |
Learn More
More Info |
Note to Fifth Third Bank, National Association
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Branches
Fifth Third Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Fifth Third Bank, National Association Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|---|---|---|
| 0.07 | A | View Lobby Hours | |
| 1.09 | B | View Lobby Hours | |
| 2.89 | C | View Lobby Hours | |
| 3.02 | D | View Lobby Hours | |
| 3.48 | E | View Lobby Hours | |
| 3.65 | F | View Lobby Hours | |
| 4.36 | G | View Lobby Hours | |
| 4.47 | H | View Lobby Hours | |
| 4.84 | I | View Lobby Hours | |
| 5.45 | J | View Lobby Hours | |
| 5.53 | K | View Lobby Hours | |
| 5.91 | L | View Lobby Hours | |
| 6.48 | M | View Lobby Hours | |
| 6.82 | N | View Lobby Hours | |
| 6.88 | O | View Lobby Hours | |
| 6.96 | P | View Lobby Hours | |
| 7.13 | Q | View Lobby Hours | |
| 7.30 | R | View Lobby Hours | |
| 7.37 | S | View Lobby Hours | |
| 7.69 | T | View Lobby Hours | |
| 7.76 | U | View Lobby Hours | |
| 8.11 | V | View Lobby Hours | |
| 8.57 | W | View Lobby Hours | |
| 8.66 | X | View Lobby Hours | |
| 8.98 | Y | View Lobby Hours | |
| 9.00 | Z | View Lobby Hours |
Climate Policy and Initiatives
Fifth Third describes its energy transition investment banking efforts here.
Updated April 12, 2024
The bank has done quite a bit of solar lending but it is not considered a major player in the space. The bank also continues to be a major lender to midwestern coal exploration projects.
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Financial Details
Fifth Third Bank, National Association Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Fifth Third Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.
Texas Ratio
| Fifth Third Bank, National Association | U.S. Bank Average |
|---|---|
| 3.37% | 4.48% |
The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.
As of June 30, 2024, Fifth Third Bank, National Association had $768,000,000 in non-current loans and $29,000,000 in owned real estate. To cover these potential losses it had $21,380,000,000 in equity and $2,288,000,000 in loans loss reserves. That gives it a Texas Ratio of 3.37%.
Return on Equity
| Fifth Third Bank, National Association | U.S. Bank Average |
|---|---|
| 12.4% | 10.46% |
Fifth Third Bank, National Association has a Return on Equity of 12.4% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.
Capitalization
| Fifth Third Bank, National Association | U.S. Bank Average |
|---|---|
| 10.06% | 10.84% |
Fifth Third Bank, National Association has a Capitalization of 10.06% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.
Fifth Third Bank, National Association Balance Sheet Analysis
As of June 30, 2024, Fifth Third Bank, National Association had assets of $212,484,000,000, loans of $114,827,000,000, and deposits of $172,161,000,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.
Summary Balance Sheet
June 30, 2024| ASSETS | |
|---|---|
| Cash & Balances due from depository institutions | $ 23.88 billion |
| Interest-bearing balances | $ 21.09 billion |
| Total securities | $ 49.66 billion |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 114.83 billion |
| Loan loss allowance | $ 2.29 billion |
| Trading account assets | $ 4.36 billion |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | $ 29.00 million |
| Goodwill and other intangibles | $ 6.65 billion |
| All other assets | $ 10.11 billion |
| Total Assets | $ 191.10 billion |
| LIABILITIES | |
|---|---|
| Total deposits | $ 172.16 billion |
| Interest-bearing deposits | $ 130.57 billion |
| Deposits held in domestic offices | $ 172.04 billion |
| % insured (estimated) | 53.26% |
| Federal funds purchased and repurchase agreements | $ 494.00 million |
| Trading liabilities | $ 3.29 billion |
| Other borrowed funds | $ 8.93 billion |
| Subordinated debt | $ 749.00 million |
| All other liabilities | $ 3.15 billion |
| Total Liabilities | $ 191.10 billion |
| Shareholders’ Equity | $ 21.38 billion |
Summary Income Statement
June 30, 2024| INCOME AND EXPENSES | |
|---|---|
| Total Interest Income | $ 5.24 billion |
| Total Interest Expense | $ 2.22 billion |
| Net interest income | $ 3.03 billion |
| Provision for loan and lease losses | $ 191.00 million |
| Total non interest income | $ 1,392.00 million |
| Total non interest expense | $ 2.55 billion |
| Pre-tax Net Operating Income | $ 1,451.70 million |
Bank Loan Profile?
The top three loan types in Fifth Third Bank, National Association’s loan portfolio are Commercial and Industrial Loans, 1-4 Family Residential Loans, and Consumer Auto Loans.
Compared to other banks in Ohio, Fifth Third Bank, National Association has a significantly higher percent of Consumer Auto Loans, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.
Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.
| % Loans |
% Comparison to Other Banks |
|||
|---|---|---|---|---|
| Low | Med | High | ||
| 1-4 Family Residential Loans | 20.58 | ✓ | ||
| Multifamily Mortgages |
0.96 | ✓ | ||
| Credit Card Loans | 1.53 | ✓ | ||
| Consumer Auto Loans | 12.98 | ✓ | ||
| Small Business Loans | 0.73 | ✓ | ||
| Construction and Development Loans | 4.12 | ✓ | ||
| Commercial Real Estate | 7.87 | ✓ | ||
| Commercial and Industrial Loans | 45.20 | ✓ | ||
| Farm Loans | 0.02 | ✓ | ||
Customer Reviews for Fifth Third Bank, National Association
Juan Ricardo
November 12, 2018 |
Helpful w/$
Is this review helpful? Yes:0 / No: 0
Gerald
September 22, 2018
My experience with this Bank is they are dishonest, I would go out of my way to Bank elsewhere!
Is this review helpful? Yes:2 / No: 0
janedershewitz@hotmail.com
July 23, 2018
Worst bank ever. No customer service.
Rates are deceptive. Be careful. If you put a large amount like 100000, they will unknown to you put 50000 @ advertised rate and 50000@ a lower rate at a different time limit. No statements are sent so they can hide what they've done. Worse part they don't even send 1099s so you end up not filing correct taxes. They also notify IRS in May for the current tax year. Something is rotten @ Fifth Third bank.
Is this review helpful? Yes:1 / No: 0
janedershewitz@hotmail.com
July 23, 2018
Beware! This bank is horrible. Their advertised rates are deceptive. As an example: You put in 100000 @ 2%. Fifth third will give you the 2% on 50000 and 1% on the other 50%. When you figure this out and question them, they will say that was the deal. They also changed rate from 5 yrs to 2. The biggest problem is the fact that they do not send any statements, including 1099s. I am now in arrears to IRS because of them. They finally reported my taxes for 2016 and I have to pay a penalty. The IRs admitted they were notified in May instead of April 15th. If you want aggravation, bank with Fifth Third. They are the only bank in Florida that does not send a quarterly statement or 1099s.
Is this review helpful? Yes:1 / No: 0
SELWYN COLBY
September 8, 2015
CDIRA FIXED RATES, UNDER $100,000.00 IS IT NECESSARY TO HAVE AN ACCOUNT @YOUR BANK TO GET BEST CD IRA RATE?
PLEASE ADVISE YOUR RATES AND WHETHER OR NOT IT IS NECESSARY TO HAVE AN A/C @ YOUR BANK TO SECURE BEST CD IRA RATES?
THANK YOU.
Is this review helpful? Yes:3 / No: 1
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