Fifth Third Bank Surprises Louisville and Charlotte Families on Fifth Third Day with Gift of College Savings - Seite 2

Tee’s mother Katia Colin added: “It is very exciting. It doesn’t seem real!”

Mother to Fifth Third Baby Prestyn, Danielle “DJ” Johnson had similar sentiments to the gifts and head start for college savings.

“We were so shocked and thrilled,” she said. “To get all of those gifts, we were just so elated.”

Baby Prestyn was born at Atrium Health Cabarrus in Concord, North Carolina.

529s: Investing in your child’s future

Opening a 529 account early in a child's life can lead to endless educational and career possibilities. And once a 529 account is opened, friends, extended family, and even employers can contribute as well – creating a circle of support for parents in preparing for their child’s future.

“Starting the investing process when a child is brand new provides plenty of time for additional contributions to be made and to compound and grow in value,” said Patricia Roberts, chief operating officer of Gift of College and mother of a recent debt-free college graduate. “A gift like this is an investment in a child's future and one of the very best gifts new parents and their child can receive.

“As a mom who’s been there, I know the value of starting the savings process early and the many doors educational savings can open down the line. I immediately began sleeping better at night once I knew we had a plan in place for our child’s future. Looking back, opening a 529 account when our child was an infant was one of the best decisions we made. “

Children with college savings are more likely to pursue and complete higher education. No matter what path a child chooses to pursue, savings will help make them easier to achieve. And post-secondary education is linked to higher pay, upward mobility, improved health and other valuable benefits.

Sweepstakes for all

You don't have to be born on 5/3 to start saving for a sunny future! This year, Fifth Third is extending its Fifth Third Babies gift of $1,053 to open a 529 college savings plan to all our communities with the 5/3 Babies Sweepstakes¹. Parents can enter to win $1,053 by following and commenting on Fifth Third Bank's TikTok, Facebook and Instagram sweepstakes posts between May 10 and 29. Five winners will receive a head start on their college savings fund.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.