Debt is a buzzword for politicians, a burden for students, a necessity for most homeowners and a reality for 70 percent of Americans.
But despite this fact, 30 percent of those in debt have no plan to pay it off, according to a recent survey conducted by Fifth Third Bank (NASDAQ: FITB).
Fifth Third commissioned the national survey to examine the financial beliefs and behaviors of American adults. The results provided a snapshot of our nation’s financial literacy, with 82 percent of respondents citing financial independence as a goal in their lives. The survey also revealed how the three largest generations in America differ in their understanding and management of savings, budgeting, retirement planning and credit.
“At Fifth Third, we were curious to discover how knowledgeable Americans are about their personal finances,” said Jada Grandy, senior vice president and Community Reinvestment Act strategies director, Fifth Third Bank. “The results of this survey give insight into financial literacy in America, as well as the needs of customers at different key stages of their lives. This knowledge arms Fifth Third with the tools to support our customers at every step on their journey to financial independence.”
To view the multimedia release go to:
http://www.multivu.com/players/English/7723851-fifth-third-bank-life/
Today, Fifth Third Bancorp and the National Community Reinvestment Coalition (NCRC) signed a landmark $30 billion community development plan through 2020. The plan builds on the $27.5 billion community commitment that Fifth Third announced in February 2016, and is the largest by a single bank in recent history.
A detailed summary of the agreement can be accessed at www.53.com/commitment.
The plan covers the 10 states in which Fifth Third has branches and follows weeks of discussions and six meetings between Fifth Third and community groups working with NCRC in Chicago, Charlotte, Cincinnati, Cleveland, Tampa Bay, and Washington, D.C. All told, Fifth Third met with more than 200 community-based organizations.
To view the multimedia release go to:
http://www.multivu.com/players/English/7723855-fifth-third-bank-ncrc-community-commitment/
Matt Cogar furthered his legacy at the STIHL TIMBERSPORTS® U.S. Championship, presented by RAM, besting seven of the top lumberjack athletes in the country to win his fifth straight title. The Championship took place at BMO Harris Pavilion at German Fest Milwaukee in front of a crowd of over 10,000, in a three-day Championship weekend that attracted more than 17,000 fans.
“It was so amazing. It was such a wonderful event with some tough competition,” said Cogar. “I’m thankful for my family, who mean everything to me, and who supported me in all that I do.” In addition to the glory of being named U.S. Champion, Cogar was awarded a brand new Ram 1500 for his victory.
To view the multimedia release go to:
https://www.multivu.com/players/English/8130351-stihl-timbersports-us-championship/
Café Bustelo® is partnering with the Hispanic Association of Colleges and Universities (HACU) to launch the fifth-annual Café Bustelo El Café del Futuro Scholarship. Eligible U.S. students can submit their application for the opportunity to receive one of ten $5,000 scholarships. All eligible applications must be received by Friday, May 25, 2018 at 11:59 p.m. ET, and recipients will be announced on or about September 15, 2018. For complete information and guidelines, please visit here.
Café Bustelo is asking students of Latino descent to submit an application that includes an 800-words or less essay in English or Spanish describing how their heritage, family, and community have impacted their desire and motivation to obtain a college degree; how they plan to give back to their community; and what they intend to accomplish with their degree.
To view the multimedia release go to:
https://www.multivu.com/players/English/8240351-cafe-bustelo-el-cafe-del-futuro-scholarship/
SCORE has launched the fifth annual American Small Business Championship – a national competition celebrating the best small business owners from across the nation, made possible with funding from Sam’s Club. The open call for applications kicks off today, and will reward two small businesses from every state and the District of Columbia with an all-expenses-paid trip to a training and networking workshop, national and local publicity, and mentoring from small business experts at SCORE.
From those 102 small business honorees, three Grand Champions will each win a grand prize of $15,000. A judging panel of small business experts will select the Grand Champions based on how effectively they utilize the initial prizes to grow their business operations or revenue.
To view the multimedia release go to:
https://www.multivu.com/players/English/8087651-score-sams-club-american-small-business-championship/
Sometimes, a reliable set of wheels is all that stands between a veteran and their dreams. This month, more than 100 veterans and their families will be getting keys to newly-refurbished vehicles as part of Progressive’s fifth annual Keys to Progress® event. This year, Progressive will donate its 500th vehicle. The vehicle giveaways will occur on November 9 at 68 locations across the country, including Progressive Service Centers, one-stop facilities where Progressive handles claims and coordinates repairs for customers.
To view the multimedia release go to:
https://www.multivu.com/players/English/8204351-progressive-keys-to-progress/
NBC UNIVERSO, the modern entertainment and sports cable channel premieres the fifth season of its hit reality series “Larrymanía” on Sunday, July 17 at 9PM ET/8C. The 15-episode season returns after a controversial year and gives viewers a behind-the-scenes look into the life of the regional Mexican artist as he makes his return to the stage. To view and download a sneak peek, click here. To download images, click here.
The season premiere promises to be an explosive one as Larry, his fiancé, Kenia, and his mother, Manuela, speak on-camera for the very first time since Larry’s legal troubles. After a tumultuous year, Larry is ready to face the media and his fans by doing his first national radio interview and confront the topic of his incarceration. Beyond the controversy, this season is filled with new adventures and can’t-miss-moments alongside his tight-knit family, who are always present to experience it all.
To view the multimedia release go to:
http://www.multivu.com/players/English/7609254-nbc-universo-larrymania-season-5/
Match, the world’s largest relationship company, today released findings from its fifth annual Singles in America study – the most comprehensive national representative study of American singles to date. The 2014 data illustrates the ways in which adult singles of all ages, ethnic backgrounds and regions date and communicate in a tech-savvy world. The study also reveals singles’ sexual desires and sheds light on their opinions of modern gender roles and controversial political topics.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7433451-match-singles-in-america/
Nearly four out of five small business owners admit that they have not taken full advantage of national and community resources dedicated to helping small businesses develop and grow, according to a survey recently conducted by Fifth Third Bank.
In advance of Small Business Week May 1-7, Fifth Third Bank (NASDAQ: FITB) conducted a national survey of more than 500 small business owners to assess the landscape – and diagnose common pain points – of U.S. small business owners. According to the results, 81 percent of survey participants said they haven’t worked with local small business resources (e.g., chamber of commerce, SCORE, etc.). Forty-one percent were unsure if the United States Small Business Administration (SBA) had resources to help them. Roughly 38 percent of small business owners say they need help growing revenue and increasing profits.
To view the multimedia release go to:
http://www.multivu.com/players/English/7723852-fifth-third-bank-small-business/
Do you feel financially prepared for the future? If you’re not completely confident in your response, you’re not alone. In fact, a recent survey conducted by Research Now Group, Inc. and commissioned by Fifth Third Private Bank (NASDAQ: FITB) found that nearly half of those surveyed have serious concerns that they may outlive their money in retirement.
The Bank launched the survey to understand families’ financial planning pain points and gain insight into how the process could be simplified through its new platform, Life360.
“The study confirmed the anxiety that clients have shared with our advisors is reflective of similar concerns nationally,” said Phil McHugh, executive vice president and head of Wealth and Asset Management at Fifth Third. “Much of that anxiety stems from a lack of clearly articulated financial goals and alignment around achieving them. Our Life360 platform works to help simplify, focus and holistically address these critical aspects of the financial planning process.”
To view the multimedia release go to:
https://www.multivu.com/players/English/7723854-fifth-third-bank-life360
