Fifth Third Bank, Cincinnati, has promoted Dean P. Phillips, Ralph L. Baugh, and Robert H. Craycraft Jr. to vice president.

Mr. Phillips joined Fifth Third Bank in 1987. He is responsible for domestic money transfer, mutual funds processing, trust proxy processing, and trust statement processing.

Before his promotion, he held management positions in the trust and corporate trust areas.

Mr. Baugh, who is a commercial real estate lender, joined the bank in 1994.

Mr. Craycraft, an audit manager, joined the bank in 1992. He is responsible for managing a 10-member affiliate auditor staff, coordinating merger-and-acquisition reviews, and managing the information systems audit group.

The bank also hired Timothy M. Fox as a vice president and municipal trader. Mr. Fox was vice president and manager of dealer bank trading at Society National Bank, Cleveland.

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