Fifth Third Bank

In 2021, Fifth Third Bank launched the Fifth Third Neighborhood Program, a place-based initiative designed to support economic mobility in historically disinvested communities. Developed in partnership with Enterprise Community Partners and local organizations such as LISC, the program combines lending, investments, and philanthropic resources to support community-led neighborhood revitalization. 

Beginning with a $180 million commitment across nine neighborhoods in seven states, the program has mobilized more than $610 million in total investments through partnerships and leveraged capital. The program’s early outcomes include new affordable housing development and preservation, expanded access to small business capital, community infrastructure improvements, and increased resident engagement.

Bank decision-makers can benefit from this powerful example of how banks can align financial investment with community priorities to support inclusive neighborhood development while strengthening long-term economic opportunity.

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