5Fifth Third Bank Salary

As of August 2026, the average hourly salary for employees at 5Fifth Third Bank in the United States is $46. This translates to an approximate annual wage of $96,546. Salaries at 5Fifth Third Bank typically range from $41 to $53 hourly, reflecting the diverse roles and experience levels within the company.
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Is 5Fifth Third Bank’s Pay Competitive? Salary Benchmarking Analysis

How does 5Fifth Third Bank's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Capitec Bank South Africa $46
-1.6%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
South Trust Bank Na $46
+0.1%
Indicates identical technical requirements and experience levels between the two firms.
BANK, a Louisiana State Chartered Bank As $47
+2.1%
Suggests BANK, a Louisiana State Chartered Bank As utilizes a highly similar base-plus-benefits compensation model.
SouthState Bank, NA $47
+0.6%
Confirms SouthState Bank, NA is a direct competitor vying for the exact same talent pool.
Financial Services Industry $59
+25.9%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at 5Fifth Third Bank

Considering a career at 5Fifth Third Bank? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Strong focus on innovation and results. It’s a dependable environment, though not particularly dynamic or socially engaging beyond core responsibilities. There isn’t much room to innovate, but deadlines and responsibilities are consistently met. Environmental impact is considered in operations.
Priorities are clearly communicated. The company invests in technology and people equally. The company stands out for its client-centered mission and employee empowerment. Coworker relationships vary, and most communication happens through email.
Digital workflows have eliminated most paper processes. Social events help build strong team bonds. IT troubleshooting is prompt. Innovative tools and technology support daily tasks efficiently. The supportive management style and emphasis on teamwork make this an outstanding workplace.
Work-life balance initiatives, like remote options and mental health support, make a real difference. This company is a true leader in the financial services space. Working here has expanded my technical skills significantly, and I appreciate how innovation is embraced at every level. While the company offers job security and a clear structure, it can suit individuals seeking a fast-paced or highl...
The work is predictable, with few surprises, and career movement tends to be gradual. Reviews are consistent, though not particularly detailed. Operations are seamless, yet individual achievements are celebrated. Leadership is approachable and encourages employees to share ideas and improve processes. Benefits, like health coverage and retirement plans, provide real security.

5Fifth Third Bank Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
100 - 200 employees
Industry
Financial Services
Headquarter Address
2570 E Main St Columbus Ohio OH 43209
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media

What Benefits Does 5Fifth Third Bank Offer Beyond Salary?

A competitive compensation package is more than just a salary. 5Fifth Third Bank offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Columbus?

Understanding the cost of living near Columbus is key to truly evaluating a salary offer or your current compensation at 5Fifth Third Bank.
Columbus' Cost of Living Index is approximately 86.8 (13.2% less expensive than US average; 4.4% less than OH average). State capital (Ohio State Univ.), growing, affordable. COTA bus. When planning your budget based on a salary from 5Fifth Third Bank, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,000 - $1,500+ A significant portion of 5Fifth Third Bank salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $62 (COTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $380 - $560 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $670+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,282 - $3,602+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of 5Fifth Third Bank

1. How much does 5Fifth Third Bank in the United States pay?

5Fifth Third Bank pays its employees an average of $46 per hour. The average salary at 5Fifth Third Bank range from $41 to $53 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.

2. Do 5Fifth Third Bank employees get a higher salary than its peer company?

The salary at 5Fifth Third Bank is higher than its peer company. The average annual salary at 5Fifth Third Bank is $96,546, or an hourly wage of $46, in comparison to Capitec Bank South Africa which pays $95,048 per year or $46 per hour.

3. How much does salary increase with years of experience at 5Fifth Third Bank?

Salary progression with years of experience at 5Fifth Third Bank is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at 5Fifth Third Bank vary by office location?

Yes, it's very likely that salaries at 5Fifth Third Bank vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Columbus section provides more context.

5. Does 5Fifth Third Bank offer good benefits?

5Fifth Third Bank typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at 5Fifth Third Bank" section on this page.