Fifth Third Bank sets stage for nationwide expansion by applying for national bank charter

The Money Store- Bakersfield Branch NMLS #1834863 – Fifth Third Bank sets stage for nationwide expansion by applying for national bank charter. Fifth Third Bank currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina, but the ohio-based bank apparently has plans to go.

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Fifth Third seeks national bank charter to accelerate expansion – Fifth Third Bank in Cincinnati has filed an application with the Office of the Comptroller of the Currency to convert from an Ohio state charter to a national charter. The move by the $168 billion-asset bank is a rare one. Just 1% of commercial banks switch charters in a given year, according to.

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Fifth Third Bank sets stage for nationwide expansion by. – Fifth Third announced this week that it filed an application with the Office of the Comptroller of the Currency to convert itself from an Ohio state-chartered bank to a nationally chartered bank, overseen by the OCC.. According to the bank, it is seeking to change from a state-chartered bank to a national bank to "better align regulatory supervision with its expanding national business model.

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Fifth Third Bank sets stage for nationwide expansion by. – Fifth Third Bank sets stage for nationwide expansion by applying for national bank charter Fifth Third Bank currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina, but the Ohio-based bank apparently has plans to go nationwide.

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The History of Fifth Third | Fifth Third Bank – In 1927, Fifth-Third National and The Union Trust Company consolidate to become The Fifth Third Union Trust Company, a name that will last through the late 1970s though most Cincinnatians referred to the bank as "Fifth Third." Click read more for more information.