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Fifth Third Bank is surprising families with babies born at certain hospitals in Detroit on May 3 with a special voucher to open a college savings account

May 5, 2025 //  by Finnovate

Fifth Third Bank announced that it is surprising families with babies born at certain hospitals in Detroit on May 3 with a special voucher to open a college savings account. Each year, Fifth Third celebrates May 3 (5/3) with community service and giving activities. According to the bank, this year, they are bringing the program to Detroit and partnering with the hospitals affiliated with Henry Ford Health, Detroit Medical Center and McLaren Health. The families that have babies born on May 3 will receive a $1,053 voucher for a 529 College Savings Plan, a DoorDash gift card and baby gifts, the bank says. Local labor and delivery nurses will also receive gifts. The bank will also do the giveaways at hospitals in Fort Myers and Naples, Florida.

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