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Fifth Third Bank Names Tom Heiks President/CEO of North Carolina Affiliate

CINCINNATI, Sept. 24, 2012 /PRNewswire/ -- Greg Carmichael, president and chief operating officer of Fifth Third Bancorp (Nasdaq: FITB) today announced the promotion of Tom Heiks to president and CEO of Fifth Third Bank (North Carolina.)  Heiks also will assume the role of chairman of the board for the North Carolina affiliate. 

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Heiks previously served as market president for the affiliate, a role he has held since 2011.

"Tom has demonstrated exceptional leadership throughout his 22-year career with the Bank," said Carmichael.  "He has done a great job building a high-performing affiliate team and delivering outstanding results to the Company."

Heiks came to Charlotte in 2010 from the Bank's Western Michigan affiliate in order to head up commercial banking in North Carolina.  Previously he had served as executive vice president and head of commercial banking for Fifth Third Bank (Western Michigan.) 

"Fifth Third Bank has experienced tremendous growth here in North Carolina over the past four years," said Heiks. "The communities we serve have really embraced Fifth Third and I'm very excited to be leading the team. I can't think of a better place to live and work than North Carolina."

Heiks received his bachelor's degree in business administration from the University of Toledo and is a graduate of the University of Virginia Graduate School of Retail Banking Management.  Tom is a board member of the Charlotte Chamber, North Carolina Chamber, North Carolina Bankers Association and The Charlotte Regional Partnership.

About Fifth Third: Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $118 billion in assets and operates 15 affiliates with 1,320 full-service Banking Centers, including 104 Bank Mart® locations open seven days a week inside select grocery stores and 2,405 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 39% interest in Vantiv Holding, LLC, formerly Fifth Third Processing Solutions, LLC. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2012, had $291 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at Fifth Third's common stock is traded on the NASDAQ® National Global Select Market under the symbol "FITB."  Fifth Third Bank.  Member FDIC.                      

SOURCE Fifth Third Bancorp

Debra DeCourcy, APR, +1-513-534-4153; George Dick, +1-704-688-4803