Is it just me, or does something about the slogan "the curious bank" make you think that 5/3 has no idea what they're doing?
It concerns me, because this is the most convenient bank to use in Cincinnati, and so I use it. It seems like they do a lot of things differently from other banks. I'm not sure if that's a positive or a negative, but my experience has been that banks do things a certain way because it works...normally.
I can't say that I've had any problems with the people at this particular Fifth Third, though I've had problems with other Fifth Third employees at other locations that haven't fully disclosed all of the pertinent information about their products (including certain fees and the proper definition of some bank products - I was once told that a Fifth Third Visa Credit Card was merely "over-draft protection", for instance).
CD rates here (and some other banks as well) are currently laughable. You're better off spending your money on a new car or hiding it under the mattress or investing in the stock market, quite frankly.
I'm also annoyed that they don't put the day's date up in lobby, instead they put the date of the next bank business day (the day when your deposit will go into effect).
I can't say Fifth Third is particularly bad, but I don't think it is my first choice in financial services. My advice, if you are thinking about becoming a Fifth Third customer, is just to ask a lot of questions and make sure you know and fully understand what product you are getting. read more