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Tribune News Service
Tribune News Service
Business
Randy Tucker

Fifth Third to close more branches

DAYTON, Ohio _ Fifth Third Bank, the second-largest bank in Ohio in terms of deposits, plans to consolidate or sell 44 branches and five parcels of undeveloped land next year, the Cincinnati-based company has revealed.

Fifth Third _ which previously announced it would consolidate or sell about 100 branches, and about 30 other properties _ said the cuts will equal about 4 percent of the bank's more than 1,100 branches in Ohio, Florida, Georgia, Illinois, Indiana, Kentucky, Michigan, North Carolina, Tennessee and West Virginia.

Officials didn't identify the branches that will close but said affected employees and customers would be informed of the changes next month.

Shares of Fifth Third were listed at $20.58, up 36 cents, in early afternoon trading.

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