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Fifth Third Bank
Many banks still digging out from Great Recession trauma
October 13, 2012
The following statistics reflect performance of the 10 banks with the largest market shares in the Indianapolis Metropolitan
Statistical Area.
MoreBanks' market rankings stable despite deposit shifts
October 13, 2012
IBJ StaffBMO Harris and PNC lost some deposits, but the biggest local banks by market share remained the same.
MoreEconomy might worsen before it improves much
June 16, 2012
Norm HeikensIf it seems like the economy should be better by now, under normal circumstances it would. After all, the recession ended
three years ago this month.
MoreBank directors feeling greater scrutiny
October 15, 2011
Francesca JaroszTough economy, regulations dampen interest in the positions.
MoreMore banks processing transactions by date
October 15, 2011
Scott OlsonFifth Third among them, after being hit with class action over whether to pay customers' biggest bills first.
MoreBurn treatment inspires Fifth Third's $5M Wishard gift
October 1, 2011
Kathleen McLaughlinFifth Third Bank executive Kevin Hipskind's experience as a patient in the burn unit of Wishard Hospital played a role
in a $5 million gift the Cincinnati-based bank is making for Wishard’s new Eskenazi Hospital, under construction at
IUPUI.
MoreFormer Fifth Third exec killed in Puerto Rico
June 16, 2011
Maurice Spagnoletti, a former president and CEO of Cincinnati-based Fifth Third Bancorp's central Indiana operations, was
gunned down on Wednesday. He had been an executive of Doral Bank in Puerto Rico for about six months.
MoreRegional banks targeting midsize companies in Indiana
May 21, 2011
Scott OlsonImproved economy, loosening credit standards are driving increased lending.
MoreLocal banks see small-business lending surging
April 4, 2011
J.K. WallChase and Fifth Third of Indiana saw 57-percent and 56-percent spikes, respectively, in loans to state businesses last year.
They forecast similar growth this year.
MoreForeclosure washes away water park plans in Fishers
November 24, 2010
Scott OlsonDeveloper Puller Group has agreed to relinquish a high-profile property approved for a massive water park and retail project
to lender Fifth Third Bank following a months-long legal battle over an $8.6 million loan.
MoreBanks still cautious on commercial real estate
August 28, 2010
Scott OlsonSinged by the downturn, banks are winnowing real estate portfolios.
MoreBank buys part of property targeted for Fishers water park
December 24, 2009
Scott OlsonA high-profile piece of land in Fishers that is part of a proposed hotel and water park project has been bought by the bank
that foreclosed upon it.
MoreHuntington National Bank's assets fell because partnership ended
November 7, 2009
IBJ StaffLast week’s front-page story “Shuffling the deck” pointed out the significant gains midsize banks have
made in the Indianapolis market over the last year. The one glaring exception was Columbus, Ohio-based Huntington National
Bank, which had lost $56.3 million in local deposits as of June 30, according to the FDIC. A closer look explains
why.
MoreEconomic turmoil hasn't shaken up local banks' market shares
October 31, 2009
Peter SchnitzlerOne of the toughest runs for the finance industry since the Great Depression didn’t lead to a major shakeup in Indianapolis’
banking landscape. Substitute PNC’s brand for National City’s, and the top eight positions remain unchanged.
MoreSecond developer facing foreclosure on Fishers property
October 20, 2009
Scott OlsonThe developer of the proposed $80 million project is facing foreclosure on the property at the same time adjoining land critical
to the project's development has been scheduled for liquidation by a lender.
MoreFifth Third taps new president of central Indiana operations
July 9, 2009
Scott OlsonCincinnati-based Fifth Third Bank yesterday named Nancy Huber president and CEO of its central Indiana operations in Indianapolis.
MoreForeclosed properties create quandary for financial institutions
February 2, 2009
Cory SchoutenReal estate holdings of the nonbank-branch variety are growing fast on bank balance sheets.
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Can IBJ please stop referring to this property as "Kessler Mansion"? What a ridiculous title for the biggest, bloated, blight in our city. It's not a mansion. At best, it's an ideal site to shoot low-budget porn. Ahhh! Another business use!
Its stories like these that prove that a Ball State diploma is worth less than the paper that its printed on. A real institution of higher learning would have taken care of this long ago. No way should this crap be taught in a SCIENCE class.
It is such a shame that King Ballard has made Indianapolis into Chicago south with all of the rampant corruption.
How many of these 1,259 bills were actually heard and voted on on the floor vs how many were shot down in committee?
When a an arrogant young guy with essentially no experience and no qualifications for the job, was dropped into an Administrator position out of nowhere by his "mentor" in the Mayor's office things seemed fishy. Sometimes things are what they seem.