I've been a customer with 5/3rd for over 10 years and the quality of their banking services and consistently gone downhill. Technologically they are lacking many of the benefits you will find with other banking institutions. And the fees - there is a fee for everything! All of the customer service call centers are overseas too - good lucking speaking to someone who you can understand! The deal breaker was forcing me into a checking account with a monthly maintenance fee! I even stopped into a local branch and talked to a rep and she was completely unsympathetic and did absolutely NOTHING to retain me as a customer. I would shop around for a better bank or CU.
In 1998, my husband and I moved to the Midwest after selling our home in a Mid-Atlantic seacoastal area where we made a $230K+ profit which we deposited in a 5th3rd checking acct upon the advice of a friend who was our attorney and also a Regional Director for 5th 3rd. Soon, we purchased an older home in the area using 5th3rd for our home loan and later established a home equity loan w/5th3rd for renovation purposes. During this same time period, we also established a 5th3rd MasterCard acct with a credit limit of $22K. All was well until 2003 when my husband suddenly and unexpectedly died; however, I will add that his life insurance proceeds of $500K were deposited into a new 5th3rd acct for his Estate. During this time period, not one bill was late, not even by a day. I continued to be employed where I earned more than enough money to pay all bills, including mortgage, home equity, and credit card. In fact, I paid off both the 5th3rd home mortage loan and the home equity loan within 2 months of my husband's death using funds from the 5th3rd Estate checking acct. In 2004, I moved north for a new job that paid $20K more than my previous job. All was well until 2008 when my 5th3rd MasterCard was declined for a very small purchase. Knowing that I had a $22K credit limit and that my balance was not overdue and was less than $2500, I called Customer Service where I learned that my credit limit had been reduced from $22K to $2K without any notification whatsoever. After freaking out on a weekend, I visited my local 5th3rd branch where I was told the credit limit was reduced by $20K because they'd learned my husband had died. He'd been dead for 5 years!! It didn't matter that I, all alone, had never been late one one payment, had never exceeded the $22K credit limit. Gets better, at the same time my dad had died and I'd inherited his entire estate as an only child plus life insurance which was sitting in another 5th3rd Estate acct over which I had full control. INCOMPETENT
Boy whatever you do, don't be late on a credit card payment. I was late just one time, got a letter stating they were lowering the balance, the late fee is criminal, and OMG, people are human. They don't care. Guess what 5/3, there are plenty other banks out there, so long!!!