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Fifth Third Bank Named Recipient of Gallup Great Workplace Award 2011

^{Published on 2011-05-12 05:20:11 - Market Wire}
 

CINCINNATI--([ BUSINESS WIRE ])--Fifth Third Bank (NASDAQ: FITB) today announced that it received the Gallup Great Workplace Award during a gala last night in Omaha, Nebraska.

"The winners of this award have established a new global standard for engaging people"

The Gallup Great Workplace Award is based on the most rigorous workplace research ever conducted. A panel of workplace experts evaluated the award-winning organizations and Fifth Third Bank is among the winners because the Banka™s results demonstrate one of the most productive and engaged workforces in the world.

aThe winners of this award have established a new global standard for engaging peoplea said Tom Rath, who leads Gallupa™s Workplace and Leadership Consulting practice. aWhen compared to the millions of workgroups we have studied around the world, the awarded have worked tirelessly to create an environment that values people. They go far beyond trivial perks to ensure that each employee has an emotional connection to the companya™s mission and growth.a

aEmployee engagement is one of our four strategic pillars at Fifth Third Bank,a said Kevin T. Kabat, president and CEO of Fifth Third Bancorp. aWe are committed to employee engagement because we know that delivering financial services through an engaged workforce increases the level of confidence our customers place in us and differentiates us from our competitors.a Kabat added, aIt also strengthens our relationships with each other, reduces our employee turnover, and increases the long-term value of our business.a

About the Gallup Great Workplace Award

The Gallup Great Workplace Award recognizes the best-performing workforces in the world. Applicantsa™ results are compared across a workplace research database composed of millions of work teams in more than 100 countries. A panel of workplace experts assesses the applicantsa™ results to select only 29 total winners from around the world.

About Fifth Third Bancorp

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $110 billion in assets and operates 15 affiliates with 1,313 full-service Banking Centers, including 102 Bank Mart® locations open seven days a week inside select grocery stores and 2,448 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2011, had $274 billion in assets under care, of which it managed $26 billion for individuals, corporations and not-for-profit organizations. [ Investor information ] and [ press releases ] can be viewed at [ www.53.com ]. Fifth Third's common stock is traded on the NASDAQ® National Global Select Market under the symbol "FITB.