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-0.00496336563460177 -0.00496336563460177 -0.00496336563460177 -0.00496336563460177 0.000236350744504798 0.000236350744504798 0.004490664145592 0.00732687307965025
Stock impact report

Fifth Third Receives $50M Federal New Markets Tax Credits Allocation

Fifth Third Bancorp (FITB) 
Last fifth third bancorp earnings: 4/21 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.53.com/investor-overview
Company Research Source: Business Wire
Fifth Third New Markets Development Company one of 104 entities to receive an award CINCINNATI--(BUSINESS WIRE)--The Fifth Third New Markets Development Company has received a $50 million allocation in New Markets Tax Credits from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund.An affiliate of the Fifth Third Community Development Company, LLC (CDC), the Fifth Third New Markets Development Company is one of 104 community development entities across the U.S. to receive an award in the $5 billion Treasury fund allocation announced on Sept. 19.“One of the primary missions of the Fifth Third CDC is to support low-income communities across our footprint that have experienced a legacy of disinvestment, wealth extraction and income disparities,” said Kala Gibson, chief corporate responsibility officer for Fifth Third. “Through initiatives like our place-based neighborhood investment program, we have delivered capital to low-income communities to hel Show less Read more
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