Fifth Third General Counsel Elected Chairman of Ohio Bankers League

Mon Nov 24, 2008 9:57am EST

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CINCINNATI, Nov. 24 /PRNewswire/ -- Paul Reynolds, executive vice
president, secretary and general counsel of Fifth Third Bancorp (Nasdaq: FITB)
has been elected 2009 chairman of the Ohio Bankers League (OBL).
    "It's an honor to be elected to this position with such a prestigious
organization," said Reynolds. "The OBL has long been at the forefront of the
financial services industry in Ohio and carries a reputation of creating
solutions for the benefit of Ohio commerce. I look forward to working with
this group of banking leaders through one of the most turbulent times in our
    As chairman for 2009, Reynolds will lead a 26-member board comprised of
banking industry leaders from throughout the state and elected by OBL member
financial institutions. The OBL Board is the governing body of the
association. As such, it plays a critical role in setting the organization's
agenda as well as establishing legislative and regulatory priorities for the
banking industry.
    "Banks have a lot of competitors, not only one another, but a legion of
less regulated or unregulated financial service providers," commented OBL
President and CEO Mike Van Buskirk. "While the Ohio banking industry is known
for its competitiveness, it also has been nationally recognized for working
together when common problems are best solved by cooperative action." Van
Buskirk added that Reynolds is well-known in the banking industry and has been
very active in the Cincinnati community and will offer that same commitment to
the community statewide as he takes the reins as OBL Chairman.
    Reynolds brings 24 years of banking experience to the position, having
started his career at Fifth Third Bank in 1990 as vice president of the Bank's
legal department. He was named senior vice president, general counsel and
assistant secretary in 1997, and was appointed executive vice president in
1999. Before joining Fifth Third Bank, Reynolds served as an associate
attorney at Graydon, Head & Ritchey.
    Reynolds has a bachelor's degree in business management from Northern
Kentucky University and a Juris Doctorate from the University of Kentucky. He
also is former chairman of the board of trustees of the Art Academy of
Cincinnati, a board member of the Southwest Ohio Workforce Investment Board
and a former ambassador committee member of the Northern Kentucky Chamber of
    About the Ohio Bankers League
    The OBL is a 250-member trade association comprising financial
institutions insured by the Federal Deposit Insurance Corp. including
commercial banks, savings banks, and savings and loan associations. The OBL
provides professional education, collective buying, communications, and
governmental services to its members.
    About Fifth Third Bancorp
    Fifth Third Bancorp is a diversified financial services company
headquartered in Cincinnati, Ohio. The Company has $116 billion in assets,
operates 18 affiliates with 1,306 full-service Banking Centers, including 93
Bank Mart(R) locations open seven days a week inside select grocery stores and
2,333 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee,
West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third
operates five main businesses: Commercial Banking, Branch Banking, Consumer
Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third
is among the largest money managers in the Midwest and, as of September 30,
2008, has $196 billion in assets under care, of which it managed $ 30 billion
for individuals, corporations and not-for-profit organizations. Investor
information and press releases can be viewed at . Fifth Third's
common stock is traded on the NASDAQ(R) National Global Select Market under
the symbol "FITB."
SOURCE  Fifth Third Bancorp

Beth Welter, Fifth Third Bancorp, +1-513-534-6676; James Thurston, Ohio
Bankers League, +1-614-340-7595
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