CINCINNATI - Fifth Third Bancorp said it has completed its acquisition of Bank of Naples, Fla.

The $57 million-asset institution will merge with Fifth Third's Florida affiliate, Fifth Third Trust Company and Savings Bank, which will become known as Fifth Third Bank of Florida, a state-chartered Federal Reserve member bank.

The deal gives Fifth Third four full-service banking centers in Collier County.

Cincinnati-based Fifth Third also recently announced the proposed acquisition of Kentucky Enterprise Bancorp, a $280 million-asset thrift company.

Fifth Third has 11 affiliate banks and, with the Bank of Naples acquisition, approximately $16.9 billion in assets and 373 full-service offices, 87 of them in grocery stores.

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