{"id":687698,"date":"2022-09-21T14:12:09","date_gmt":"2022-09-21T18:12:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\/"},"modified":"2022-09-21T14:12:09","modified_gmt":"2022-09-21T18:12:09","slug":"fifth-third-bank-to-increase-prime-lending-rate-to-6-25","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\/","title":{"rendered":"Fifth Third Bank to Increase Prime Lending Rate to 6.25%"},"content":{"rendered":"

<\/p>\n

Fifth Third Bank to Increase Prime Lending Rate to 6.25%<\/b><\/p>\n

CINCINNATI–(BUSINESS WIRE<\/a>)–
\nFifth Third Bank, National Association, today announced it will increase its prime lending rate to 6.25%, effective immediately.\n<\/p>\n

\nThe rate was last changed on July 27, 2022, when Fifth Third increased its prime lending rate from 4.75% to 5.50%.\n<\/p>\n

About Fifth Third<\/b><\/p>\n

\nFifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of June 30, 2022, the Company had $207 billion in assets and operates 1,080 full-service Banking Centers, and 2,153 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 56,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2022, had $512 billion in assets under care, of which it managed $54 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com<\/a>. Fifth Third\u2019s common stock is traded on the NASDAQ\u00ae<\/sup> Global Select Market under the symbol “FITB.”\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20220921005656\/en\/<\/a><\/span><\/p>\n

\nBeth Oates (Media Relations)
\n
Beth.Oates@53.com<\/a> | 313-230-9002
\n
Chris Doll (Investor Relations)
\n
Christopher.Doll@53.com<\/a> | 513-534-2345\n<\/p>\n

KEYWORDS:<\/b> Ohio United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Fifth Third Bank to Increase Prime Lending Rate to 6.25% CINCINNATI–(BUSINESS WIRE)– Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 6.25%, effective immediately. The rate was last changed on July 27, 2022, when Fifth Third increased its prime lending rate from 4.75% to 5.50%. About Fifth Third Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of June 30, 2022, the Company had $207 billion in assets and operates 1,080 full-service Banking Centers, and 2,153 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and … <\/p>\n

Continue reading “Fifth Third Bank to Increase Prime Lending Rate to 6.25%”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-687698","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nFifth Third Bank to Increase Prime Lending Rate to 6.25% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fifth Third Bank to Increase Prime Lending Rate to 6.25% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Fifth Third Bank to Increase Prime Lending Rate to 6.25% CINCINNATI–(BUSINESS WIRE)– Fifth Third Bank, National Association, today announced it will increase its prime lending rate to 6.25%, effective immediately. The rate was last changed on July 27, 2022, when Fifth Third increased its prime lending rate from 4.75% to 5.50%. About Fifth Third Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of June 30, 2022, the Company had $207 billion in assets and operates 1,080 full-service Banking Centers, and 2,153 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and … Continue reading "Fifth Third Bank to Increase Prime Lending Rate to 6.25%"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-21T18:12:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20220921005656r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Fifth Third Bank to Increase Prime Lending Rate to 6.25%\",\"datePublished\":\"2022-09-21T18:12:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\\\/\"},\"wordCount\":269,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20220921005656r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/fifth-third-bank-to-increase-prime-lending-rate-to-6-25\\\/\",\"name\":\"Fifth Third Bank to Increase Prime Lending Rate to 6.25% - 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