The Cincinnati-based bank moved its Chicago headquarters from Rolling Meadows to 222 S. Riverside Plaza, just west of the loop, where employees are now working out of the new 1,500-square-foot space. In additon, the company opened a 4,000-square-foot retail bank branch on the ground floor of the building.
The bank decided to move downtown in order to tap into a wider pool of employees and better serve its dispersed customer base.
“Our strategy is to build a ubiquitous network in Chicago,” said Terry Zink, Fifth Third’s Chicago-area CEO. “People will tell you a lot of times they choose their banks because of convenience.”
Fifth Third hired numerous commercial lenders and advisers to bring in new business, and significantly increased employment in the Chicago area.
