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Isaacson Named Equipment Leasing Manager for Northwest United States


Equipment leasing veteran responsible for five-state region

Cincinnati – Fifth Third Leasing Company, a subsidiary of Fifth Third Bank, has named Steve Isaacson as its new equipment leasing manager for the northwest United States.

Isaacson, a 30-plus year veteran of commercial finance, will be responsible for growing the Leasing Company’s portfolio in Alaska, Idaho, Montana, Oregon and Washington.

“Fifth Third Leasing Company has experienced good performance with its portfolio of quality marine customers and we are excited to have Steve on board to help us grow this market,” said David Merrill, senior vice president and president of Fifth Third Leasing Company. “With Steve’s knowledge of the northwest United States and of the work boat industry, we’re poised to grow within the region.”

Isaacson comes to Fifth Third Leasing Company from GE Capital Solutions, where he served as national marine sales leader. He also worked with SAFECO Credit Company, where he served as national marine industry leader and vice president of the Northwest region.

For more information about equipment leasing, visit www.53.com.

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio.  The Company has $113 billion in assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 102 Bank Mart® locations open seven days a week inside select grocery stores and 2,359 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors.  Fifth Third also has a 49% interest in Fifth Third Processing Solutions, LLC.  Fifth Third is among the largest money managers in the Midwest and, as of March 31, 2010, had $190 billion in assets under care, of which it managed $25 billion for individuals, corporations and not-for-profit organizations.  Investor information and press releases can be viewed at www.53.com.  Fifth Third's common stock is traded on the NASDAQ® National Global Select Market under the symbol "FITB."

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