About Fifth Third Bank
Fifth Third Bank is a subsidiary of Fifth Third Bancorp, with its headquarters in Ohio. It is one of the largest regional banks in the Midwest. In 1908, Third National Bank and Fifth National Bank merged to create Fifth Third Bank. The bank operates more than 1,100 branches and more than 2,400 ATMs in 11 states: Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia.
Fifth Third Bank Overview
Fifth Third Bank is a large regional bank with a strong presence in 11 states in the Midwest. It offers a wide range of banking products and services, including checking accounts, CDs, money market accounts, and savings accounts. Fifth Third Bank also has a comprehensive and easy-to-use website and mobile app.
| Access to more than 45,000 ATMs nationwide via the Allpoint network and Fifth Third ATMs. | Low APYs on the majority of its CDs. |
| Little to no minimum opening deposits for most checking, money market, and savings accounts. | Only operates in 11 states. |
| Competitive APYs on some of its CD accounts. | Certain fees can be higher than average. |
Fifth Third Bank Product Offerings
Savings Accounts
Fifth Third Bank offers several savings accounts, including a 529 and a Health Savings Account, with little to no opening deposits required. All have monthly service charges that can be waived by meeting certain minimum account balance requirements. Here are the latest savings account details for September 2025:
Checking Accounts
Fifth Third Bank offers several different personal checking accounts. Most of the checking accounts offer APYs below the national average of 0.01% for checking accounts. All accounts have a no or low monthly service charge that can be easily waived with a relatively low average daily balance, and all have no minimum opening deposit requirement. Here are the latest account details for September 2025:
CDs
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period, known as a term. Fifth Third Bank offers several CDs with varying terms and competitive APYs. The CDs offered require either a $500 or $5,000 minimum opening deposit. Here are some of their best CD offerings for September 2025:
Money Market Accounts
A money market account is an interest-bearing hybrid between a savings account and a checking account. Fifth Third Bank offers one relationship money market account. The account features free checks and a debit card. There is a $5 monthly service charge that is waived with a $500 minimum average daily balance. Here are the account details for September 2025:
Bank Fees
Overdraft fee: $37 per overdraft; $8 per day charge if overdraft is not paid within five days
Savings and Money Market Account withdrawals: $3 per excess withdrawal
Account closure fee: None
Wire transfer fee: Domestic - Incoming is $15 and outgoing is $25; International - Incoming is $15 and outgoing is $50 plus additional fees if in foreign currency and $85 plus additional fees if in dollars
Non-network ATM fee: $3.50
Monthly service charge: $2-$25 depending on the type of account
Stop payment fee: $13
Paper statement fee: $3; Waived with a $500 minimum average daily balance
Fifth Third Bank Features
Fifth Third Bank's customer service line is available Monday through Friday from 8 a.m. to 6 p.m. EST and on Saturdays from 10 a.m. to 4 p.m. The bank offers a chat service that is available 24 hours a day, 7 days a week. Apple, Samsung, and Google Pay can be linked to any Fifth Third Bank debit card.
Fifth Third Bank FAQs
Our Take
Fifth Third Bank is a good bank for customers in Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, South Carolina, Tennessee, and West Virginia. It offers numerous checking and savings accounts with low fees and low minimum opening deposits, which makes having an account relatively easy and convenient. It also offers a few good promotional CDs that offer competitive APYs. For the most part, it is similar to most large banks that offer a few promotional products but, in general, offer little to no yields on the majority of their banking products.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.