Oregon’s ‘biggest bank’ is now the biggest bank in the world
By Michael T. LillisThe Oregonian/OregonLiveOregonian staffJuly 29, 2019 5:01 p.m.OAKLAND, Ore.
– The fifth third bank is now bigger than Liberty Bank.
The Portland, Ore., institution that started in 1927 with the help of the Oregon Savings Association was founded by a family that owned the first and last branches in Portland.
The fifth-largest bank in Oregon, the institution now operates in more than 100 states.
Fifth Third Bank CEO Doug Fink is pleased to announce the news.
“I can’t say enough about the great job we’ve done and the hard work we’ve put in over the last four years to get the institution where it is today,” Fink said.
The bank is still expanding, and Fink and the board have expanded the business.
He said the bank is expanding to serve the Oregon market.
Fifths branch locations, including in Portland and Salem, were added this year.
In the coming months, the bank will expand to serve more states.
The bank’s goal is to serve 10 million customers by 2020, said Fink.
Fifitals bank is located at 5035 NW 4th Ave., Suite 300, Portland, OR 97212.
It has a $20 billion balance, with $2.5 billion in assets and $2 billion in liabilities.
Fifards bank website says it has $200 million in assets under management, and $150 million in liabilities, and is an affiliate of the S&P 500 index.
Fifers new branch is the first of its kind in the U.S. for a national bank, Fink added.
It is the fourth time the bank has added a bank branch, and the first since the bank’s founding in 1927.
Fifrd Third Bank is headquartered in Portland, Oregon.
It is the fifth largest bank in state and the fourth largest in the country, according to the U