Fifth Third Bank approved by OCC to become nationally chartered

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Fifth Third Bank is ready to go nationwide. The bank currently operates in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina, but earlier this year, the bank filed an application with the OCC to convert itself from an Ohio state-chartered bank to a nationally chartered bank. And this week, the OCC approved Fifth Third’s application, positioning the bank to be nationally chartered.