Fifth Third ESG Report: Collaborations for Community Benefit
Northwest Activities Center (NWAC) is a community staple in Detroit—and so is Fifth Third Bank. The two have worked together for years and the relationship has yielded lasting, sustainable results for individuals and families in the Motor City. Fifth Third has provided $1.5 million in capital and operating investments to NWAC, including helping the organization secure a $95,000 loan through the U.S. Small Business Administration’s Paycheck Protection Program so it could retain nine employees during the COVID-19 pandemic. Fifth Third has a banking center located in NWAC; it serves over 250...
Source: 3blmedia.com