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A Bank's Math

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On the television last night I overheard an advert for a financial institution at first I assumed to be a joke, not unlike the Geico Insurance spots that mimic infomercials and Old Navy commercials. Amazingly enough, it was no joke: the Fifth Third Bank is legitimate.
Fifth Third traces its origins to the Bank of the Ohio Valley, which opened its doors in Cincinnati in 1858. In 1871, that bank was purchased by the Third National Bank. With the turn of the century came the union of the Third National Bank and the Fifth National Bank, and eventually the organization became known as "Fifth Third Bank." Since its beginning, Fifth Third has provided superior customer service and followed sound banking principles.
Given that historical information, would it not be logical for their name to be the Eighth Bank?

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