Global Finance News
19 Mar 2026, 19:20
Fifth Third Bancorp announced the launch of its Small Towns & Small Cities initiative, a new community and economic development program, with Lima, Ohio selected as the first location for investment.
The four-year initiative aims to support communities with a history of underinvestment by deploying capital, expertise, and partnerships to drive local priorities. Key focus areas include housing and homeownership, small business development, workforce training, and infrastructure improvements.
The program builds on the bank’s earlier Neighborhood Program, which has already invested nearly $410 million in U.S. urban communities. Through this new initiative, Fifth Third plans to expand access to financing, provide grants and technical support to small businesses, improve infrastructure resilience, and enhance financial education and inclusion, with the goal of strengthening economic mobility at the local level.
Business Wire
The four-year initiative aims to support communities with a history of underinvestment by deploying capital, expertise, and partnerships to drive local priorities. Key focus areas include housing and homeownership, small business development, workforce training, and infrastructure improvements.
The program builds on the bank’s earlier Neighborhood Program, which has already invested nearly $410 million in U.S. urban communities. Through this new initiative, Fifth Third plans to expand access to financing, provide grants and technical support to small businesses, improve infrastructure resilience, and enhance financial education and inclusion, with the goal of strengthening economic mobility at the local level.
Business Wire
