Fifth Third Community Development Corporation (CDC) primarily co-invests with other unrelated companies and/or individuals and makes investments in a separate legal entity that owns the property under development. It is a wholly owned subsidiary of the Fifth Third Bancorp, a $113 billion, diversified financial services company. Fifth Third Bancorp functions on four business segments: Commercial Banking, Branch Banking, Consumer Lending and Investment Advisors. It operates 16 affiliates with 1,309 full-service banking centers in the Midwestern and southeastern regions of the United States.
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