Fifth Third Bank Announces Second Special Payment to its Front-line Employees
04 Novembre 2021 - 12:30PM
Business Wire
Fifth Third Bank, National Association, announced a special
payment of $1,250 for full-time employees who have provided
essential banking services to customers through the ongoing
pandemic. It is the second time the Bank has recognized the work of
these employees through a special payment program.
“Our employees have gone above and beyond to ensure that we
continue to meet the financial needs of our customers – whether it
is by phone or in-person,” said Tim Spence, president of Fifth
Third Bancorp. “Our team has been working on site in our financial
centers and office locations every day through the pandemic to
serve customers. That has allowed us to keep 99% of our financial
centers open. Our employees’ efforts to keep customers at the
center have been remarkable, and I’m pleased we are able to show
our appreciation by providing this special payment.”
Eligible front-line, full-time employees, including those in
customer service and operations roles, who were in their role
between May 10, 2020, and April 5, 2021, will receive their special
payment at the end of November. Part-time employees in those roles
during the same time period will receive $625. More than 7,500
employees will receive this special payment. Front-line employees
also received special payments in April and May of 2020.
“As we have said time and again, we are appreciative and proud
of our employees, and it is our ongoing commitment to support them
in good times and in challenging times,” said Nancy Pinckney, chief
human resources officer at Fifth Third. “We especially want to
thank those employees who have been front and center helping our
customers during the pandemic.”
The special payment program is one of many new, competitive
benefits that Fifth Third has implemented during the pandemic,
including updates to time-away policies, a reload of available sick
time, additional vacation days, increased paid medical appointment
time and rewards in the Bank’s wellness program for receiving
COVID-19 vaccinations.
The Bank also has continued to invest in digital options,
ensuring that customers can bank when and how they want. Fifth
Third has more than 1,000 banking centers as well as Bank Mart®
locations, plus a full suite of digital banking tools and
resources. Customers can self-serve and access their accounts
through mobile, online and voice banking services, as well as
through the Bank’s network of approximately 52,000 fee-free ATMs
across the United States.
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 Sept. 30, 2021, Fifth Third had $208 billion in
assets and operated 1,100 full-service banking centers and 2,336
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 52,000 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 Sept. 30, 2021, had $541 billion in assets under
care, of which it managed $61 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. Fifth Third’s common stock is
traded on the Nasdaq® Global Select Market under the symbol “FITB.”
Fifth Third Bank was established in 1858. Deposit and Credit
products are offered by Fifth Third Bank, National Association.
Member FDIC.
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version on businesswire.com: https://www.businesswire.com/news/home/20211104005121/en/
Beth Oates (Media Relations) Beth.Oates@53.com | 313-230-9002
Chris Doll (Investor Relations) Christopher.Doll@53.com |
513-534-2345
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