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Fifth Third CEO touts expansion efforts

Aug 05, 2019 - Louisville Business First (Kentucky)

Solid financial growth is always worth talking about, right?

That's something we recently discussed with Fifth Third CEO Greg Carmichael.

Fifth Third Bank is a dominant player in the local banking scene with a nearly 10 percent share of the Louisville market. In fact, the last time we checked in for our annual largest banks list (linked below) it had $2.69 billion in local deposits, as well as 39 local offices. 

That puts it No. 3 in the market, just behind PNC Bank and Chase.

Carmichael also talked about acquisitions and branch closures. A few excerpts from our conversation are be...