CINCINNATI, July 31 /PRNewswire-FirstCall/ -- Fifth Third Processing
Solutions is pleased to announce that two long-standing merchant customers
have signed contact extensions for merchant processing services:
-- Tractor Supply Company, headquartered in Brentwood, Tennessee, is
the largest retail farm and ranch store chain in the United States. The
Company operates more than 800 retail stores in 43 states. Tractor Supply
has signed a contract extension for credit card processing.
-- Bob Evans Farms, Inc. has renewed its contract with Fifth Third for
credit and gift card processing. Bob Evans specializes in bringing
farm-fresh foods to its customers through its restaurants and retail food
products. Bob Evans Farms, Inc. owns and operates 571 Bob Evans Restaurants
in 18 states, primarily in the Midwest, mid-Atlantic and Southeast regions
of the United States. Bob Evans Farms, Inc is also a leading producer and
distributor of pork sausage and a variety of convenience food items under
the Bob Evans and Owens brand names.
"We are always pleased to renew relationships with long-standing
national clients such as Bob Evans and Tractor Supply," said Donald
Boeding, Fifth Third Processing Solutions senior vice president and general
manager of Merchant Services. "These renewed endorsements validate our
commitment to providing quality products and services to the most
sophisticated organizations."
Fifth Third Processing Solutions processes over 26.7 billion ATM and
POS transactions per year for more than 2,880 financial institutions and
over 158,356 retail locations worldwide, including the Armed Forces
Financial Network (AFFN), First Niagara Financial Group, Sovereign Bank,
The Kroger Co., AutoZone, Abercrombie & Fitch and The Finish Line.
Annually, Fifth Third processes $179.1 billion in credit card sales.
According to The Nilson Report (March 2008), Fifth Third Bank is the fourth
largest bankcard acquirer.
Fifth Third Bancorp (Nasdaq: FITB) is a diversified financial services
company headquartered in Cincinnati, Ohio. The Company has $115 billion in
assets, operates 18 affiliates with 1,308 full-service Banking Centers,
including 97 Bank Mart(R) locations open seven days a week inside select
grocery stores and 2,329 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 June 30, 2008, has $207 billion in
assets under care, of which it managed $31 billion for individuals,
corporations and not-for-profit organizations. Investor information and
press releases can be viewed at http://www.53.com . Fifth Third's common
stock is traded on the NASDAQ(R) National Global Select Market under the
symbol "FITB."
SOURCE Fifth Third Bancorp
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Related links:
http://www.53.com
CONTACT:
Stephanie Honan, Fifth Third Bancorp,
+1-513-534-6957
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