Ohio-based Fifth Third Bank has revealed plans to open seven new financial centres to grow its presence in Florida, Illinois and Michigan region.

The new financial centres will offer a full range of banking, home-ownership and retirement-planning services.

The new centres will be set up in Sarasota, Jacksonville, Orlando and Bonita Springs in Florida, Chicago in Illinois and Detroit in Michigan.

Fifth Third head of consumer bank Phil McHugh said: “We are pleased to add these new locations to our existing financial centre networks in Florida, Illinois and Michigan. Our consultative approach allows our staff to identify the needs of our customers and then propose solutions to those needs.”

Fifth Third head of retail banking business Mike Butera said: “Our financial centres are an important part of delivering the best experience to our customers. We want to give our customers the right balance between digital and personal.

“Think about wanting to check your account balance on your app, deposit a check through your phone, get cash from the ATM and stop at a financial centre to talk about a home equity line.”

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Fifth Third Bancorp, the parent company of Fifth Third Bank, managed $142bn in assets as of 31 March 2018. It operates 1,153 full-service banking centres and 2,459 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina.