Fifth Third Bank Review 2026
Fifth Third Bank is a regional bank with a strong presence in the Midwest and Southeast. It offers a range of financial services including retail banking, commercial banking, and wealth management.
Founded
1858
Headquarters
Cincinnati, OH
Total Assets
$210 billion
Branches
1,100+
BankingDeal Rating
Based on rates, fees, features, and customer satisfaction
3.8
out of 5.0
Rates & Fees
| Product | Rate / Fee |
|---|---|
| Savings APY | 0.01% |
| 12-Month CD APY | 4.30% |
| Checking Monthly Fee | $11 |
Rates shown are for illustration. Verify current rates directly with Fifth Third Bank.
Products Offered
Pros & Cons
Pros
- +Early pay feature for direct deposits
- +No-fee checking options available
- +Strong Midwest and Southeast presence
- +Good mortgage products
- +Business banking solutions
Cons
- -Limited national presence
- -Savings rates below online competitors
- -Some accounts have minimum balance requirements
- -Fee structure can be complex
Our Verdict
Fifth Third Bank is a decent option for those who value 1,100+ branch locations and a full suite of banking products. Early pay feature for direct deposits, making it worth considering in the traditional banking space. While savings rates at 0.01% are lower than online competitors, the convenience of branch access and comprehensive product offerings may offset this for many customers.
Related Resources
Frequently Asked Questions
Is Fifth Third Bank a good bank?
Fifth Third Bank has a rating of 3.8/5 on our scale. Early pay feature for direct deposits. However, limited national presence. Whether it is right for you depends on your specific banking needs and priorities.
What is the savings account APY at Fifth Third Bank?
Fifth Third Bank currently offers a savings APY of 0.01%. Online banks may offer higher rates, though Fifth Third Bank provides other benefits like branch access. Rates are subject to change. Verify current rates directly with Fifth Third Bank.
Does Fifth Third Bank charge monthly fees?
Fifth Third Bank charges a $11 monthly maintenance fee on its standard checking account, though this can often be waived by meeting certain requirements such as maintaining a minimum balance or setting up direct deposit.
What products does Fifth Third Bank offer?
Fifth Third Bank offers Checking Accounts, Savings Accounts, CDs, Credit Cards, Mortgages, Auto Loans, Business Banking. Services are available online, through the mobile app, and at 1,100+ branches nationwide.
Where is Fifth Third Bank headquartered?
Fifth Third Bank is headquartered in Cincinnati, OH. Founded in 1858, Fifth Third Bancorp has grown to manage $210 billion in total assets. It operates 1,100+ branches.