Fifth Third Bank sets stage for nationwide expansion by applying for national bank charter

Why is it called Fifth Third Bank? First Charter Bank (NASDAQ: FCTR), a subsidiary of First Charter Corporation, was a bank headquartered in Charlotte, North Carolina, United States.From its 1888 founding as concord national bank until its 2001 move to Charlotte, the bank was headquartered in Concord, North Carolina.The bank became part of Fifth Third Bank in 2008.

Fifth Third bank sets stage for nationwide expansion by applying for national bank charter May 31, 2019 / in Uncategorized / by Lindsay Fifth Third Bank currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina, but the Ohio-based bank apparently has plans to go nationwide.

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Fifth Third Bank currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina, but the Ohio-based bank apparently has plans to go nationwide.. Fifth Third announced this week that it filed an application with the Office of the Comptroller of the Currency to convert itself from an Ohio state-chartered bank to a nationally.

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Fifth Third announced this week that it filed an application with the Office of the Comptroller of the Currency to convert itself from an Ohio state-chartered bank to a nationally chartered bank, overseen by the OCC.. According to the bank, it is seeking to change from a state-chartered bank to a national bank to "better align regulatory supervision with its expanding national business model.

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