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Fifth Third Bank: Northeast Ohio
built 638 days ago
The Fifth Third Bank Homeownership Mobile [O]r "eBus" will be rolling into Northeast Ohio during the month of September 2005. The "eBus" is a 40-foot bus that doubles as a mobile classroom to provide credit counseling, homeownership and financial literacy directly to where people live and work. The "ebus" will be in the Akron area from September 7-10, 2005. (See attached list of locations.) A special kick-off celebration and press conference with Akron Mayor Don Plusquellic, Fifth Third Bank President & CEO Todd Clossin and other invited dignitaries will be held at Lock-3 located at 200 S. Main Street in downtown Akron on Wednesday, September 7, 2005 at 10:30 a.m.
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As Trustee for Community Fund Management Foundation, Fifth Third Bank, Northeastern Ohio, invests the assets of the trust accounts and makes distributions from the trust accounts. Funds in the trust are invested in mutual funds administered by the bank and interest is earned on the trust assets.
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Fifth Third Bank has managed private trusts and foundations for over 100 years and today, contributes to hundreds of charitable organizations throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee and West Virginia. In addition to its dedicated Foundation Office, Fifth Third has the special privilege of managing 61 private and charitable foundations created by caring persons in the community, like the Eleanor C.U. Alms Trust, Charles Moerlein Foundation, Jacob G. Schmidlapp Trust, Charles E. Schell Foundation, Ohio Valley Foundation and the Charlotte R. Schmidlapp Fund.
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Fifth Third Bank is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $105.8 billion in assets, operates 19 affiliates with 1,152 full-service Banking Centers, including 114 Bank Mart® locations open seven days a week inside select grocery stores and 2,144 Jeanie® ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2006, has $215 billion in assets under care, of which it manages $32 billion for individuals, corporations and not-for-profit organizations.
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Fifth Third Bank's history can be traced back to June 17, 1858, when the Bank of the Ohio Valley opened in Cincinnati. The Third National Bank organized five years later, on June 23, 1863, and on April 29, 1871, the younger bank acquired the older one, beginning a 130-year history of banking acquisitions and mergers, with numerous smaller banks being absorbed and renamed.[5]
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The CDC invests in viable community development projects throughout Fifth Third Bancorp's footprint in Ohio, Kentucky, Indiana, Michigan, Illinois, Tennessee, West Virginia, Florida, Pennsylvania and Missouri. The CDC invests in projects that promote affordable housing, economic revitalization and historic restoration.
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