Fifth Third Bank's Major Racial Equity Commitment Includes Over $2 Billion to Help Black Homeownership and Businesses
(iStock.com/RiverNorthPhotography) Taking some of its biggest steps ever to support Black Americans, Fifth Third Bancorp is committing nearly $3 billion to fight against racism. Fifth Third Bank just announced that it will make the commitment over the next three years to help fortify diverse customers. Some $2.2 billion of the pledge by the Cincinnati-based bank will be used for lending and $500 million for investments. Fifth Third Executive Vice President Kala Gibson (file) Another significant step to address racial equality was the formation of an Executive Diversity Leadership Council (EDL...