Fifth Third expands into Alabama

Fifth Third is entering the Alabama market and announced the opening of a commercial banking office in Birmingham. The office is an expansion of its Fifth Third’s operations in Georgia. The new office currently has commercial and treasury management capabilities and will expand to include a Fifth Third Private Bank office. Fifth Third’s strategic expansion in the Southeast, now in its seventh year, originally focused on Tennessee, Georgia, the Carolinas and Florida, and now includes Alabama. Across its Southeast footprint, Fifth Third delivers for customers and local communities by adding financial centers and offering banking services to commercial, treasury management, and wealth and asset management clients. “We are proud to plant our flag in Birmingham,” said Randy Koporc, regional president for Fifth Third in Georgia and Alabama. “The state of Alabama is an extremely attractive and important region for us. Our long-term growth plan includes attracting and retaining talent who understand Birmingham’s unique market landscape within the Commercial and Private Bank divisions so we can meet our clients’ needs today, and in the future.”