News Summary
Fifth Third Bank has announced an expansion plan in the Savannah area, set to open 13 new branches over the next five years. The first two branches are expected in Pooler and Savannah by January 2026. This significant investment aims to enhance the bank’s presence in a growing market, led by Market President Emily Kutcher, who has local banking experience. The expansion reflects the bank’s commitment to the Southeast region’s economic growth and community engagement, as it also plans to open 50 branches in South Carolina.
Savannah – Fifth Third Bank, a prominent Midwest banking institution, has announced its plans to expand into the greater Savannah area with the opening of 13 new branches over the next five years. The initial two branches are scheduled to open in Pooler and Savannah by January 2026, marking a significant investment in the coastal region of Georgia.
The Savannah branch will occupy the former Krispy Kreme location on Skidaway Road, situated south of E. Victory Drive. This strategic move is aimed at increasing Fifth Third Bank’s presence in a vibrant and growing market. Emily Kutcher has been appointed as the Market President for Fifth Third Bank in Coastal Georgia and will play a crucial role in overseeing this expansion.
Kutcher joined Fifth Third Bank about 14 months ago to lead its entry into the Savannah market. With nearly 20 years of experience in Commercial and Middle Market banking, she has deep knowledge of local business dynamics, having lived in the Savannah area since 2016.
Fifth Third Bank operates as Fifth Third Bancorp and boasts over $210 billion in assets, ranking 10th in the United States for deposits. Across the nation, the bank maintains a total of 1,089 branches, placing it 9th in branch count. This expansion is part of a broader strategy by Fifth Third Bank to invest in high-growth markets, particularly in the Southeast.
In addition to the Savannah-area expansion, Fifth Third Bank representatives have confirmed plans to open 50 branches in South Carolina over the next five years. This move reflects the bank’s commitment to enhancing its footprint in the Southeast and addressing the banking needs of a growing population.
Recently, the bank introduced its first branches in Mid-city Huntsville, Alabama, with intentions to establish 15 financial centers in the state over the next three years. This continued expansion emphasizes the bank’s focus on serving diverse communities and tailoring its offerings to meet local demands.
To bolster its efforts in Savannah, Fifth Third Bank has hired Matthew Ambrosy as a Commercial Relationship Manager. Ambrosy brings a wealth of experience in community engagement and business banking, having previously worked with Chase Bank and Great Oaks Bank. He is recognized for his commitment to relationship-building and fostering business growth, which aligns with Fifth Third Bank’s community-focused approach.
Alongside his professional expertise, Matthew Ambrosy is actively involved in local charities and organizations, such as Community Bible Church, Savannah Area Chamber Ambassadors, and the United Way. His deep-rooted connections within the community are expected to enhance Fifth Third Bank’s engagement with local customers and businesses.
The bank recently celebrated the opening of its first Beaufort branch on February 6, 2025. The new location features a modern design, incorporating community-centered services aimed at improving user experience. The Beaufort branch also includes a drive-thru and facilities for quick digital service and complex banking discussions, ensuring that customers receive efficient and comprehensive banking solutions.
This coastal expansion underscores Fifth Third Bank’s dedication to investing in regions demonstrating economic growth potential. By establishing a strong presence in Savannah and Coastal Georgia, the bank aims to support local businesses and residents, contributing to the overall economic development of the area.
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Additional Resources
- Savannah Business Journal: Matthew Ambrosy Joins Fifth Third Bank
- The Post and Courier: Fifth Third Bank Charleston Coffee
- Savannah Business Journal: Fifth Third Bank Opens First Branch in Beaufort
- Wikipedia: Fifth Third Bancorp
- Banking Dive: Fifth Third Bank Growth Plans
- Google Search: Fifth Third Bank
Author: STAFF HERE SAVANNAH WRITER
SAVANNAH STAFF WRITER The SAVANNAH STAFF WRITER represents the experienced team at HERESavannah.com, your go-to source for actionable local news and information in Savannah, Chatham County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Savannah Music Festival, St. Patrick's Day Parade, and Savannah Jazz Festival. Our coverage extends to key organizations like the Savannah Area Chamber of Commerce and United Way of the Coastal Empire, plus leading businesses in aerospace, education, and logistics that power the local economy such as Gulfstream Aerospace, Savannah College of Art and Design, and Colonial Group. As part of the broader HERE network, including HEREAtlanta.com and HEREAugusta.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
