Editing Fifth Third Bank (section)

==History==
===Pre-merger (1858-1908)===
On June 17, 1858, the '''Bank of the Ohio Valley''', founded by William W. Scarborough, opened in [[Cincinnati]], Ohio. On June 23, 1863, the Third National Bank was organized. On April 29, 1871, Third National Bank acquired Bank of the Ohio Valley. In 1888, '''Queen City National Bank''' changed its name to Fifth National Bank.<ref>{{Cite web | url=https://columbus.org/fifth-third-bank-celebrates-165-yearsof-service-innovation-impact/ | title=Fifth Third Bank Celebrates 165 Years of Service, Innovation, Impact | work=Columbus Chamber of Commerce | date=June 22, 2023}}</ref>

===Merger of Third National Bank and Fifth National Bank (1908)===
On June 1, 1908, Third National Bank and Fifth National Bank merged to become the Fifth{{En dash}}Third National Bank of Cincinnati; the hyphen was later dropped. The merger took place when [[prohibition]]ist ideas were gaining popularity, and it is a legend that "Fifth Third" was better than "Third Fifth", which could have been construed as a reference to three [[Fifth (unit)|fifths]] of alcohol.<ref>{{cite web | url=https://cbonds.com/company/74763/ | title=Organization: Fifth Third Bank | work=Cbonds | access-date=May 1, 2024}}</ref> The name went through several changes{{Em dash}}the most recent being Fifth Third Union Trust Company<ref>{{cite news | url=http://www.toledoblade.com/Opinion/2002/04/02/That-funny-name-for-a-bank-has-grown-on-us.html | title=That funny name for a bank has grown on us | first=Homer | last=Brickey | work=[[The Blade (Toledo, Ohio)|The Blade]] | date=April 2, 2002}}</ref>{{Em dash}}until March 24, 1969, when it was changed to Fifth Third Bank.

===Post-merger===
[[File:Fifth Third Center new atrium.jpg|thumb|left|The new atrium in the bank's headquarters.]]
In 1999, the bank acquired Emerald Financial for $204 million.<ref>{{Cite news | url=https://www.bizjournals.com/dayton/stories/1999/03/01/daily3.html | title=Fifth Third to acquire Emerald Financial; become Ohio's | date=March 1, 1999}}</ref>

In November 2008, the [[United States Department of the Treasury]] invested $3.4 billion in the company as part of the [[Troubled Asset Relief Program]] and in February 2011, the company repurchased the investment from the Treasury.<ref>{{cite news | url=https://archive.nytimes.com/dealbook.nytimes.com/2011/02/02/fifth-third-repays-bailout-funds/ | title=Fifth Third Repays Bailout Funds | first=Ben | last=Protess | work=[[The New York Times]] | date=February 2, 2011 | url-access=limited}}</ref><ref>{{cite news | url=https://www.bizjournals.com/dayton/news/2011/02/02/fifth-third-bancorp-repays-tarp-debt.html | title=Fifth Third Bancorp repays TARP debt | work=[[American City Business Journals]] | date=February 2, 2011}}</ref>

In 2009, Fifth Third completed the [[corporate spin-off]] of Fifth Third Processing Solutions, which was acquired by [[Worldpay, Inc.]] in 2012.<ref>{{Cite web |url=https://corporate.worldpay.com/static-files/4408356f-6de5-428e-b6f2-e635f8a3736a | title=Welcome to the new Worldpay | publisher=[[Worldpay, Inc.]]}}</ref>

In May 2018, Fifth Third acquired [[MB Financial]] in a $4.7 billion transaction.<ref>{{Cite news |url=https://www.usatoday.com/story/money/nation-now/2018/05/21/fifth-third-buys-mb-financial-bank/627904002/ | title=Fifth Third spends $4.7 billion for Chicago's MB Financial | first=Alexander | last=Coolidge
| agency=[[The Cincinnati Enquirer]] |website=[[USA Today]] | date=May 21, 2018}}</ref>

In August 2020, the bank signed a partnership with [[Trust & Will]].<ref>{{Cite news | title=Fifth Third Bank and Trust & Will Announce Strategic Relationship to Help Customers Protect and Secure Their Families' |work=[[Bloomberg News]] | url=https://www.bloomberg.com/press-releases/2020-07-16/fifth-third-bank-and-trust-will-announce-strategic-relationship-to-help-customers-protect-and-secure-their-families | date=July 16, 2020}}</ref>

In May 2022, Fifth Third acquired Dividend Finance, a [[San Francisco]]{{En dash}}based residential solar power lender.<ref>{{Cite news | url=https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/fifth-third-bancorp-completes-acquisition-of-dividend-finance-70268586 | title=Fifth Third Bancorp completes acquisition of Dividend Finance | first=Jasmine | last=Castroverde | work=[[S&P Global]] | date=11 May 2022}}</ref><ref>{{Cite press release | url=https://www.53.com/content/fifth-third/en/media-center/press-releases/2022/press-release-2022-05-10.html | title=Fifth Third Completes Acquisition of Dividend Finance, Leading Lender in High Growth Solar, Sustainable Solutions | publisher=[[Business Wire]] | date=May 10, 2022}}</ref>

In May 2023, the bank acquired Rize Money.<ref>{{Cite news | url=https://www.americanbanker.com/news/fifth-third-targets-payments-expansion-with-rize-money-acquisition | title=Fifth Third targets payments expansion with Rize Money acquisition | first=Jordan | last=Stutts | work=[[American Banker]] | date=May 22, 2023 | url-access=subscription}}</ref> Also in May 2023, the bank acquired Big Data Healthcare.<ref>{{Cite news | url=https://www.bizjournals.com/cincinnati/news/2023/05/16/fifth-third-big-data-healthcare-done-deal.html | title=Fifth Third Bank completes acquisition of Big Data Healthcare | work=[[American City Business Journals]] | date=May 16, 2023 | url-access=subscription}}</ref>