Author Archives: Bill Perry

Fifth Third Bancorp announced that its 22,000 employees celebrated Fifth Third Day on May 3rd (5/3/2012) by providing more than 340,000 meals to fight hunger throughout its footprint. The Company had originally set a goal of raising funds and donating foodstuffs equivalent to 53,000 meals. Fifth Third Day is celebrated annually on May 3, 5/3 [...]

Each year, Fifth Third Bank celebrates its own holiday, Fifth Third Day, May 3rd, or 5/3 on the calendar, by recognizing employees, thanking customers and supporting the communities they serve.  The theme of Fifth Third Day this year is, “What Can We Do About Hunger? Because Fifth Third understands the impact living with hunger can [...]

As the nation’s voice for community banks, ICBA has come out in strong support of the Federal Reserve’s proposal regarding enhanced prudential standards for the largest and most complex financial institutions.  In a letter to the Federal Reserve Board, ICBA wrote that the unprecedented intervention by the government to bail out the big banks cemented [...]

Fifth Third Mortgage Co., a subsidiary of Fifth Third Bank announced on 4/30/2012  its involvement in the government’s recent enhancements to the Home Affordability Refinance Program (HARP 2.0). Through this program, the Bank will work with consumers throughout its footprint on refinancing options to help keep them in their homes and stabilize the housing market. [...]

According to Comerica Bank; Michigan’s Economic Activity Index increased by four points in February, spiking to a level of 102.  The February index level is 42 points, or 70 percent, above the index cyclical low of 60. February marks the highest index reading since April 2005. Year-to-date the index has averaged 100 points, nine points [...]

This morning (4/25) nearly 1,000 members of the community banking industry gathered in Washington for the Independent Community Bankers of America (ICBA) annual Washington Policy Summit, which runs through Thursday. Community bankers from around the nation will meet with their members of Congress to discuss top issues that affect community banks and the customers they [...]

I want to extend appreciation to Howard Lax, a principal with Lipson, Neilson, Cole, Seltzer & Garin, P.C., in Bloomfield Hills. He specializes in financial institutions consumer compliance and regulatory affairs, and real property law. Lax is a frequent presenter on a wide range of seminar topics to statewide and national associations within the banking, [...]

I want to extend appreciation to Tim Monahan and Patrick McQueen of BBK Banking Group. Their guest column appears in the April issue of Michigan Banker and I am also posting on our blog, too. Tim Monahan has over 20 years of senior level experience in financial management and commercial banking. He has expertise in [...]