Fifth Third Completes Comerica Technology and Brand Conversion

M&A · Partnership
โดย Business Wire·US·Read original
Summary · why it matters

Fifth Third Bancorp announced it has completed the technical conversion of approximately 600,000 customers' accounts and 293 banking centers from the Comerica franchise, bringing Comerica customers onto Fifth Third's platforms. The conversion, executed over Labor Day weekend, completes the integration that began with the merger on February 1, 2026, making the combined company the ninth-largest U.S. bank with more than $300 billion in assets. Comerica customers now gain access to Fifth Third's full suite of products, including the Momentum Banking suite and mobile app features like Early Pay and Extra Time, backed by a network of approximately 1,500 branches and 21,300 ATMs. In Michigan, Fifth Third holds the No. 1 retail deposit share statewide and in Detroit, and Comerica customers gain 60% more branch access while existing Fifth Third customers gain 42% more. In Texas, Fifth Third operates 107 financial centers and plans to invest nearly $1 billion over the next five years, including opening 150 new financial centers by 2029, with expectations to operate approximately 1,750 branches by 2030.

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Completed integration of Comerica, expanding scale and market position.