Fifth Third Bank, National Association

Headquarters

38 Fountain Square Plz
Cincinnati, OH 45202
See all branch locations →

ACH 042000314

Phone 866 671 5353

Notable Rates APY Vs.Others
Savings N.A. 4.35% →
1-Year CD N.A. 5.00% →
2-Year CD N.A. 4.75% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 0.00% →
15-Year Mortgage N.A. 0.00% →
HELOC N.A. 0.99% →

2023 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 $205.55 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 $ 205.55 billion
Loans $ 119.35 billion
Deposits $ 166.75 billion
Capital $ 20.36 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 - January 27, 2023

Your Current Location: Virginia, VA 20146

Checking Rates APY MIN FEE
Express Checking 0.00% $1,500 $0.00 Learn MoreShow Less
Preferred Checking 0.01% $100 $25.00 Learn MoreShow Less
 

Loan Rates - January 27, 2023

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2023

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Payment
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PenFed Credit Union
NMLS ID: 401822
5.317% 5.250%
0.75 points
$1,875 fees
$1,381 Learn More
PADDIO
NMLS ID: 1907
6.048% 5.875%
0.88 points
$4,688 fees
$1,479 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
7.126% 6.990%
0.88 points
$3,438 fees
$1,662 Learn More
MortgageResearch.com
NMLS ID: Not lender

points
fees
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2023

Lender APR (%)? Monthly Payment? Learn More
Bethpage Federal Credit Union
Bethpage Federal Credit Union
See Table
Intro APR 6.990 %
After Intro: 8.000 %
Intro Period: 12 months
$25,000 Learn More
More Info
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
6.740 %
$0 Learn More
More Info

Note to Fifth Third Bank, National Association
To upload and update your bank's rates please register. It is free to register and add rates.

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:
Ashburn,Virginia


Fifth Third Bank, National Association Locations



Climate Initiatives

Fifth Third Bank, National Association is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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
3.8% 4.06%

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, 2022, Fifth Third Bank, National Association had $836,264,000 in non-current loans and $14,828,000 in owned real estate. To cover these potential losses it had $20,364,735,000 in equity and $2,014,132,000 in loans loss reserves. That gives it a Texas Ratio of 3.8%.

Return on Equity
Fifth Third Bank, National Association U.S. Bank Average
10.63% 9.98%

Fifth Third Bank, National Association has a Return on Equity of 10.63% versus the BestCashCow average of 9.98%. 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
9.91% 10.23%

Fifth Third Bank, National Association has a Capitalization of 9.91% versus the BestCashCow average of 10.23. 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, 2022, Fifth Third Bank, National Association had assets of $205,546,136,000, loans of $119,351,741,000, and deposits of $166,753,712,000. 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, 2022
ASSETS
Cash & Balances due from depository institutions $ 10.74 billion
Interest-bearing balances $ 7.31 billion
Total securities $ 52.05 billion
Federal funds sold and reverse repurchase $ 0.50 million
Net loans and leases $ 119.35 billion
Loan loss allowance $ 2.01 billion
Trading account assets $ 4.33 billion
Bank premises and fixed assets N.A.
Other real estate owned $ 14.83 million
Goodwill and other intangibles $ 6.60 billion
All other assets $ 10.11 billion
     Total Assets $ 185.18 billion
LIABILITIES
Total deposits $ 166.75 billion
      Interest-bearing deposits $ 105.78 billion
      Deposits held in domestic offices $ 166.58 billion
      % insured (estimated) 48.73%
Federal funds purchased and repurchase agreements $ 1,159.13 million
Trading liabilities $ 4.27 billion
Other borrowed funds $ 8.93 billion
Subordinated debt $ 921.00 million
All other liabilities $ 3.15 billion
      Total Liabilities $ 185.18 billion
      Shareholders’ Equity $ 20.36 billion

Summary Income Statement

June 30, 2022
INCOME AND EXPENSES
Total Interest Income $ 2.77 billion
Total Interest Expense $ 96.34 million
Net interest income $ 2.67 billion
Provision for loan and lease losses $ 224.24 million
Total non interest income $ 1,339.68 million
Total non interest expense $ 2.34 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 19.80
Multifamily
Mortgages
0.93
Credit Card Loans 1.48
Consumer Auto Loans 12.49
Small Business Loans 0.77
Construction and Development Loans 3.96
Commercial Real Estate 7.57
Commercial and Industrial Loans 43.49
Farm Loans 0.02

Customer Reviews for Fifth Third Bank, National Association


  • November 12, 2018 |

    CDs 60 Month Rates

    Helpful w/$

  • September 22, 2018

    My experience with this Bank is they are dishonest, I would go out of my way to Bank elsewhere!

  • 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.

  • 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.

  • 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.

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