Fifth Third Bank, National Association (Nasdaq: FITB), based in Cincinnati, has been chosen by the U.S. Department of the Treasury’s Bureau of the Fiscal Service as the new financial agent for the Direct Express® prepaid debit card program. The 5-year agreement commences on September 9, 2025. Direct Express caters to around 3.4 million Americans providing them with a prepaid debit card for receiving their monthly federal benefits.