Fidelity Bank

Fidelity D & D Bancorp, Inc. Second Quarter 2024 Dividend

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星期三, 四月 17, 2024
Online, Fidelity Bank, Discounting, Security (finance), Discount, Online banking

DUNMORE, Pa., April 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s second quarter dividend of $0.38 per share.

Key Points: 
  • DUNMORE, Pa., April 17, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s second quarter dividend of $0.38 per share.
  • The dividend is payable June 10, 2024 to shareholders of record at the close of business on May 20, 2024.
  • Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County.
  • Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

Helix Helps Fidelity Bank Launch New Digital Bank to Serve Communities Across Louisiana

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星期二, 三月 19, 2024
Professional Services, Technology, Finance, Software, Fintech, Banking, Partnership, Fidelity Bank, Life, Student, Fidelity, Growth, Bank

Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced that Fidelity Bank, a Louisiana-based bank founded in 1908, has launched a new digital bank, powered by Helix.

Key Points: 
  • Helix by Q2 (NYSE: QTWO), an award-winning, cloud-native core purpose-built for embedded finance, today announced that Fidelity Bank, a Louisiana-based bank founded in 1908, has launched a new digital bank, powered by Helix.
  • ANDI, a division of Fidelity Bank, is a fully digital bank established to help Fidelity Bank reach customers across Louisiana who are not near a branch and offers deposit, lending and financial wellness solutions.
  • “Fidelity Bank established ANDI to meet the evolving needs and preferences of customers in today’s digital age,” said Chris Ferris, President & CEO at Fidelity Bank.
  • We’re looking forward to our continued partnership with Fidelity Bank as they serve their customers with innovative products.”
    “Q2 has been a partner of Fidelity Bank for several years and we’ve watched their growth in digital banking for a long time,” said Randy Baker, COO at Fidelity Bank.

Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp

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星期二, 四月 2, 2024
Health, Culture, Partnership, Nutter McClennen & Fish, LLP, Fidelity Bank, Vineyard

, April 2, 2024 /PRNewswire/ -- Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned merger with Fidelity Mutual Holding Company, the parent company of Fidelity Bank headquartered in Leominster, MA.

Key Points: 
  • , April 2, 2024 /PRNewswire/ -- Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned merger with Fidelity Mutual Holding Company, the parent company of Fidelity Bank headquartered in Leominster, MA.
  • "We are pleased to have completed the merger between our respective holding companies, as Cape Cod 5 and Fidelity Bank partner together under Mutual Bancorp," said Matt Burke, Chairman & CEO of Mutual Bancorp and Cape Cod 5.
  • Goodwin Proctor LLP served as legal counsel to Mutual Bancorp and Nutter McClennen & Fish LLP served as legal counsel to Fidelity Bank MHC.
  • To read more about Mutual Bancorp and the partnership between Cape Cod 5 and Fidelity Bank, visit www.mutualbancorpmhc.com .

Scale Bank Partners with CorServ to Launch Comprehensive Credit Card Program

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星期二, 三月 12, 2024
Fidelity Bank, MCC, Software, Accounts payable, Bank

ATLANTA, March 12, 2024 /PRNewswire-PRWeb/ -- CorServ, a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Minnesota-based Scale Bank (previously Fidelity Bank), to improve commercial lending for customers.

Key Points: 
  • CorServ, a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Minnesota-based Scale Bank (previously Fidelity Bank), to improve commercial lending for customers.
  • ATLANTA, March 12, 2024 /PRNewswire-PRWeb/ -- CorServ , a company that empowers banks and fintechs with payment programs, has implemented an innovative credit card program with Minnesota-based Scale Bank (previously Fidelity Bank), to improve commercial lending for customers.
  • Previously using an agent bank program, Scale Bank was interested in enhancing the commercial lending process by offering commercial credit cards with ePayables and virtual card features.
  • With the advanced credit card program, CorServ gives Scale Bank the unique opportunity to participate in all credit decisions which impact its commercial banking customers.

Fidelity D & D Bancorp, Inc. Reports 2023 Financial Results

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星期三, 一月 24, 2024
Financial instrument, FDIC, ASC, CECL, Growth, Small Business Administration, Trust, ASU, Interest, FTE, Tax, Sale, Discounting, Fidelity Bank, Depreciation, SBA, Selection, Investment, PPP, Bank

DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and twelve month periods ended December 31, 2023.

Key Points: 
  • DUNMORE, Pa., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and twelve month periods ended December 31, 2023.
  • Net interest income was $62.1 million for the year ended December 31, 2023 compared to $72.3 million for the year ended December 31, 2022.
  • During the first quarter of 2023, the Company adopted Accounting Standard Update 2016-13, Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments (CECL).
  • The Company remains well capitalized with Tier 1 capital at 9.15% of total average assets as of December 31, 2023.

Fidelity D & D Bancorp, Inc. First Quarter 2024 Dividend

Retrieved on: 
星期四, 一月 18, 2024
Online, Online banking, Discount, Discounting, Fidelity Bank, Security (finance)

DUNMORE, Pa., Jan. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2024 first quarter dividend of $0.38 per share, a 6% increase above the prior year’s first quarter dividend paid of $0.36 per share.

Key Points: 
  • DUNMORE, Pa., Jan. 18, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2024 first quarter dividend of $0.38 per share, a 6% increase above the prior year’s first quarter dividend paid of $0.36 per share.
  • The dividend is payable March 8, 2024 to shareholders of record at the close of business on February 16, 2024.
  • Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County.
  • Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

Tingo Group Wins ‘Outstanding New Entry’ at The SERAS Africa CSR / Sustainability Awards

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星期一, 十二月 18, 2023
Samsung, Procter & Gamble, Biophysical environment, Fidelity Bank, United Nations Global Compact, TIO, CSR, Diageo, Tingo District, Sustainability, Lafarge, First Bank, Aliko Dangote, Vodafone, Access Bank, Cadbury, Zenith Bank, KBL, Use, ExxonMobil, Interim, TotalEnergies, Stakeholder engagement, Coca-Cola, DHL, Organization, Bamburi Cement, Shell, Security (finance)

MONTVALE, N.J., Dec. 18, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, won ‘Outstanding New Entry’ at the 17th annual SERAS Africa CSR & Sustainability Awards held on the evening of Friday, December 15, 2023, having been nominated as a finalist in five categories.

Key Points: 
  • Tingo also received nominations in four other award categories, including Best Company in Food Security, Poverty Reduction, Stakeholder Engagement, and Use of Storytelling/Communications.
  • The SERAS, standing for Sustainability, Enterprise, and Responsibility Awards, are regarded as the gold-standard and most prestigious accolades for corporate social responsibility and sustainability in Africa.
  • Dozy Mmobuosi, Interim Co-Chief Executive Officer of Tingo Group, Inc. commented: “I am extremely proud to win our first SERAS Award and of Tingo’s recognition at Africa’s most prestigious CSR and Sustainability Awards.
  • We would like to thank SERAS for this prestigious award and nominations as we continue making significant progress towards achieving our mission.”
    For more information about the awards, visit www.theseras.com .

Tingo Group’s Commitment to Corporate Social Responsibility and Sustainability Recognized with SERAS Africa CSR / Sustainability Awards Nominations

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星期二, 十二月 5, 2023
Corporate social responsibility, Tingo District, Sustainability, First Bank, News, Cadbury, Fintech, Zenith Bank, Samsung, Procter & Gamble, Biophysical environment, Workforce, Lafarge, Aliko Dangote, ESG, Poverty, ExxonMobil, Stakeholder engagement, TIO, Diageo, Access Bank, DHL, Shell, Fidelity Bank, CSR, Farmer, Use, Face, Interim, TotalEnergies, Organization, Agriculture

MONTVALE, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its Corporate Social Responsibility (CSR) and Sustainability efforts have been recognized through its nomination as a finalist in five categories at the 17th annual SERAS Africa CSR & Sustainability Awards.

Key Points: 
  • MONTVALE, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that its Corporate Social Responsibility (CSR) and Sustainability efforts have been recognized through its nomination as a finalist in five categories at the 17th annual SERAS Africa CSR & Sustainability Awards.
  • The SERAS, standing for Sustainability, Enterprise, and Responsibility Awards, are regarded as the gold-standard and first and foremost accolade for corporate social responsibility and sustainability in Africa.
  • Tingo has been nominated for five award categories, including Best Company in Food Security, Poverty Reduction, Outstanding New Entry, Stakeholder Engagement, and Use of Storytelling/Communications.
  • We thank SERAS for the nominations and look forward to receiving news of the final awards.”
    For more information about the awards, visit www.theseras.com .

Fidelity D & D Bancorp, Inc. Reports Third Quarter 2023 Financial Results

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星期三, 十月 25, 2023
Sale, Growth, ASC, Tax, Fidelity Bank, ASU, PPP, Maintenance, Interest, Partial return reverse swap, Advertising, FTE, Small Business Administration, Marketing, Natural borrowing limit, Depreciation, Discounting, Financial instrument, Current Expected Credit Losses, Investment, SBA, CECL, Cryptocurrency, Life insurance, Bank, Video game, FDIC

DUNMORE, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2023.

Key Points: 
  • DUNMORE, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2023.
  • Net interest income was $14.6 million for the third quarter of 2023, a 21% decrease from the $18.5 million earned for the third quarter of 2022.
  • The cost of funds increased 134 basis points to 1.63% for the third quarter of 2023 from 0.29% for the third quarter of 2022.
  • Non-interest expenses decreased $0.3 million, or 2%, for the third quarter of 2023 to $12.8 million from $13.1 million for the same quarter of 2022.

Fidelity D & D Bancorp, Inc. Announces Nineth Consecutive Year Increase with 6% Increase of Fourth Quarter 2023 Dividend

Retrieved on: 
星期四, 十月 19, 2023
Online, Security (finance), Fidelity Bank, Growth, Discounting, Investment, Discount, Online banking, Holding company

“On behalf of the Board of Directors and all Fidelity Bankers, I am proud to announce a dividend increase for the ninth consecutive year.

Key Points: 
  • “On behalf of the Board of Directors and all Fidelity Bankers, I am proud to announce a dividend increase for the ninth consecutive year.
  • Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County.
  • Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.
  • This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.