Detroit’s Gratiot and Seven Mile Area to Receive $20 Million Investment from Fifth Third Bank

Detroit’s Gratiot and Seven Mile Area to Receive $20 Million Investment from Fifth Third Bank

Fifth Third Bank is returning to the place where its neighborhood investment work began, committing $20 million over three years to Detroit’s Gratiot and Seven Mile area, known to residents as G7. The reinvestment comes as the bank finalizes a $10.9 billion merger agreement with Comerica Incorporated, expected to close in early 2026 pending shareholder and regulatory approval. The program, which first took root in the G7 neighborhood in 2019, wi…