Finance, Insurance & IT
The City of Cincinnati supports a diverse group of industries, combining to create a dynamic and energetic economy.

Cincinnati Finance, Insurance and IT

Cincinnati is home to a number of Fortune 1000 companies focused on the financial services industry: The Queen City employs more than 62,000 employees at 3,500 financial services and insurance companies, with an additional 15,000 IT-related jobs in the city. The city’s banking tradition is focused around the headquarters of Fifth Third Bancorp and U.S. Bank and the significant presence of PNC Bank, Huntington Bank and First Financial Bank.

Key Financial Services Attributes

  • Headquarters for Fifth Third Bancorp, one of the region’s largest employers with $75 billion in deposits and over $195 billion in assets under management.
  • Home to the regional HQ of U.S. Bank, the sixth largest bank in the nation with more than $127 billion in deposits, including $16.4 billion location.
  • Significant presence in the region of PNC Bank, Huntington Bank and First Financial Bank.
  • Home to major insurance companies, including but not limited to: Western & Southern Financial Group and American Financial Group.

Key IT Attributes

  • Cincinnati is the birthplace of strong technology companies, including Cincom, Nielsen BuzzMetrics, Bluespring and Hyperquake.
  • Cincinnati was named a top-20 market for entrepreneurship by Entrepreneur magazine.
  • More Fortune 500 companies per capita than all but five U.S. cities.
  • More than 20 institutions generating 1000+ technology graduates annually.
  • Multiple innovation centers and incubators.
  • Access to capital: Cincinnati is home to multiple experienced mid-sized venture capital and investment firms focused on investment in regional technology companies, including Blue Chip Venture Company and River Cities Capital Funds with nearly $500 million in assets under management and more than 100 investments made.