Fidelity Bank

The Federal Home Loan Bank of Dallas and Members Award More Than $160K to 13 Louisiana Community Organizations

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星期四, 九月 28, 2023
Other Philanthropy, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Other Construction & Property, Residential Building & Real Estate, Federal Home Loan Bank Board, Partnership, Home Bank, FHLB, New Resource Bank, Fidelity Bank, Federal Home Loan Banks, United States African Development Foundation, National Trust Community Investment Corporation, PGP, CRA, BankPlus Amphitheater, Growth, First Bank and Trust, Citizens Bank, Commerce, Petroleum

Louisiana community-based organizations received $160,250 from the Federal Home Loan Bank of Dallas (FHLB Dallas) and 14 member institutions.

Key Points: 
  • Louisiana community-based organizations received $160,250 from the Federal Home Loan Bank of Dallas (FHLB Dallas) and 14 member institutions.
  • A total of $557,250 was awarded to community organizations through its annual Partnership Grant Program (PGP).
  • “With its matching funds, our Partnership Grant Program gives our members added leverage to support local nonprofits,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas.
  • For more information about the 2023 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp .

Parent Companies of Cape Cod 5 and Fidelity Bank Agree to Combine Under One Holding Company

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星期四, 九月 21, 2023
LLP, Nutter McClennen & Fish, Vice, Partnership, Nonprofit organization, Trust, Fidelity Bank, Organization, Name, Growth, U.S. Bank Center (Milwaukee), Financial adviser

HYANNIS, Mass. and LEOMINSTER, Mass., Sept. 21, 2023 /PRNewswire/ -- Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, today announced that they have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval. Both banks will continue to operate independently as two separate financial institutions maintaining their respective names and brands, while continuing their missions and service to their clients and communities.

Key Points: 
  • and LEOMINSTER, Mass., Sept. 21, 2023 /PRNewswire/ -- Cape Cod 5, headquartered in Hyannis, MA, and Fidelity Bank, headquartered in Leominster, MA, today announced that they have reached an agreement to merge their respective mutual holding companies under one multi-bank holding company, Mutual Bancorp, subject to regulatory approval.
  • This mutually beneficial partnership of two financially strong and secure institutions under a multi-bank holding company structure will enhance the capabilities of each organization.
  • "Fidelity Bank and Cape Cod 5 are both long-standing institutions with very similar cultures and values.
  • Chairman and CEO of Fidelity Bank, Edward F. Manzi, Jr. stated, "We are so excited to partner with such a like-minded institution as Cape Cod 5.

Speakers and Award Recipients Announced for Dotmount Communications' AIDCA 2023 Summit

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星期一, 八月 21, 2023
Federal Inland Revenue Service, Executive, Bedrock, Public Investment Fund, South African Industrial Federation, United Nations, International Fund for Agricultural Development, Atlas, Partex Group, Fidelity Bank, Dangote Group, King in Council (Sweden), Investment, United, Growth, Newcastle United F.C., Twon-Brass, Thermal expansion, Kingdom, Role, National Petroleum Council (US), Sustainable development, Economic growth, Conference, Egypt Economic Development Conference, Film industry, Renewable energy, Drug, Creative industries

Abuja, Nigeria--(Newsfile Corp. - August 21, 2023) - According to the organizers, Dotmount Communications, the event is slated for the 26th and 27th of October 2023, at the Transcorp Hilton Hotel Abuja Nigeria.

Key Points: 
  • Abuja, Nigeria--(Newsfile Corp. - August 21, 2023) - According to the organizers, Dotmount Communications, the event is slated for the 26th and 27th of October 2023, at the Transcorp Hilton Hotel Abuja Nigeria.
  • Saudi wealth fund boss Yasir Al-Rumayyan, Prince Artur Eze, Aliko Dangote, others are among the participants.
  • This highly anticipated event will feature distinguished speakers and panelists who will provide invaluable insights into critical sectors of the economy.
  • Notable participants and award recipients include Prince Arthur Eze, a Nigerian businessman who is CEO of Atlas Oranto Petroleum, the largest privately-owned petroleum exploration and production company in Nigeria.

KBRA Releases Surveillance Report for Fidelity Financial Corporation

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星期一, 八月 7, 2023
Banking, Professional Services, Finance, KBRA, Fidelity Bank, Outlook, BBB, FFC, National Association, Fidelity, Security (finance), Telescopic sight, K3, K2

On July 28, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Wichita, Kansas-based Fidelity Financial Corporation ("FFC", "Fidelity" or “the company”).

Key Points: 
  • On July 28, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Wichita, Kansas-based Fidelity Financial Corporation ("FFC", "Fidelity" or “the company”).
  • In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for its subsidiary, Fidelity Bank, National Association (“the bank”).
  • The Outlook for all long-term ratings is Stable.
  • Click here to view the report.

KBRA Affirms Ratings for Fidelity Financial Corporation

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星期五, 七月 28, 2023
Banking, Professional Services, Finance, MSR, NIM, KBRA, Fidelity Bank, Outlook, BBB, ROA, Risk, FFC, National Association, CRE, Fidelity, Bank, K2, K3

KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Wichita, Kansas-based Fidelity Financial Corporation ("FFC", "Fidelity" or “the company”).

Key Points: 
  • KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Wichita, Kansas-based Fidelity Financial Corporation ("FFC", "Fidelity" or “the company”).
  • In addition, KBRA affirms the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for its subsidiary, Fidelity Bank, National Association (“the bank”).
  • KBRA notes that double leverage of ~120% at 2Q23 is elevated and the company plans on reducing double leverage via retained earnings.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .

Fidelity D & D Bancorp, Inc. Third Quarter 2022 Dividend

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星期四, 七月 20, 2023
Discounting, Discount, Fidelity Bank, Security (finance), Online shopping

DUNMORE, Pa., July 20, 2023 (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 third quarter dividend of $0.36 per share.

Key Points: 
  • DUNMORE, Pa., July 20, 2023 (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 third quarter dividend of $0.36 per share.
  • The dividend is payable September 8, 2023 to shareholders of record at the close of business on August 18, 2023.
  • Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne and Northampton Counties through The Fidelity Deposit and Discount Bank’s 20 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 mobile app.

BOSS Money Launches Naira Currency Payout Option for Remittances to Nigeria

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星期二, 七月 18, 2023
IDT Corporation, Friends, First City Monument Bank, Central bank, App Store (iOS/iPadOS), Access Bank, Ecobank, First Bank, Stanbic IBTC Holdings, Fidelity Bank, Polaris Bank Limited, IDT, BOSS, United Bank, Zenith Bank, United, Family, NYSE, Union Bank, Financial services, Bank

Newark, NJ, July 18, 2023 (GLOBE NEWSWIRE) -- BOSS Money, the money remittance service of IDT Corporation (NYSE: IDT), today announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria.

Key Points: 
  • Dollars at Nigeria’s Leading Banks
    Newark, NJ, July 18, 2023 (GLOBE NEWSWIRE) -- BOSS Money, the money remittance service of IDT Corporation (NYSE: IDT), today announced the introduction of naira currency remittances for its customers sending cash to friends and family through direct deposit payout at commercial banks throughout Nigeria.
  • “BOSS Money customers sending money for direct deposit in Nigeria can now choose between the naira and U.S. dollar,” said Alfredo O’Hagan, IDT’s SVP for Consumer Payments.
  • “Our naira direct deposit option enables Nigerians to quickly and securely receive and use the money sent by friends and family in the United States.”
    The new naira payout option supplements BOSS Money’s robust U.S. dollar payout network in Nigeria.
  • BOSS Money now offers remittances from the United States to Nigeria and 46 other countries at over 280,000 cash pick-up locations in addition to mobile money and direct deposit services.

Fidelity Bank Ranks #56 on American Banker's List of Top 200 Community Banks in the U.S.

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星期五, 六月 23, 2023
Fidelity Bank, Philosophy, American Banker, Bank

SCRANTON, Pa., June 23, 2023 (GLOBE NEWSWIRE) -- Fidelity Bank announced that the bank has once again been named to American Banker Magazine’s Top 200 Publicly Traded Community Banks list.

Key Points: 
  • SCRANTON, Pa., June 23, 2023 (GLOBE NEWSWIRE) -- Fidelity Bank announced that the bank has once again been named to American Banker Magazine’s Top 200 Publicly Traded Community Banks list.
  • This will mark the 9th time Fidelity Bank has been recognized as a top community bank.
  • In its June 19, 2023 article, American Banker ranked Fidelity Bank 56th on its Top 200 Publicly Traded Community Banks with assets between $2 billion and $10 billion based on their three-year average return on average equity.
  • “American Banker is a highly regarded industry publication, and we are honored to have made their Top 200 list,” shared Daniel J. Santaniello, President and CEO of Fidelity Bank.

Ruth Turkington Joins Fidelity Bank as EVP, Chief Consumer Banking Officer

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星期三, 六月 7, 2023
Fidelity Bank, Citizens Bank, Small business, Senior, Education, Fidelity, Marketing, Cryptocurrency, Gregg Turkington

SCRANTON, Pa., June 07, 2023 (GLOBE NEWSWIRE) -- Daniel J. Santaniello, President and Chief Executive Officer of Fidelity Bank, is pleased to announce that Ruth Turkington has joined Fidelity Bank’s Executive Management Team as Executive Vice President, Chief Consumer Banking Officer.

Key Points: 
  • SCRANTON, Pa., June 07, 2023 (GLOBE NEWSWIRE) -- Daniel J. Santaniello, President and Chief Executive Officer of Fidelity Bank, is pleased to announce that Ruth Turkington has joined Fidelity Bank’s Executive Management Team as Executive Vice President, Chief Consumer Banking Officer.
  • With over 25 years of financial services experience, Ruth has worked for multiple regional banks in the Northeast.
  • Most recently she served as Senior Vice President at Citizens Bank where she was responsible for both the consumer and small business deposit product strategies and client experience.
  • In her new role, Turkington will set the strategic direction for consumer banking, with oversight of Fidelity Bank’s branch network, retail services, marketing, and consumer and mortgage lending.

Rosemarie Coyne Promoted to VP, Controller

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星期三, 六月 7, 2023
Controller, EVP, Pennsylvania State University, Junior League, Certified Public Accountant, Finance, Fidelity Bank, CPA, CFO, Corporate law, NEPA, Pennsylvania Institute of Technology, Accounting, Science

SCRANTON, Pa., June 07, 2023 (GLOBE NEWSWIRE) -- Daniel J. Santaniello, President and Chief Executive Officer of Fidelity Bank, is pleased to announce that Rosemarie Coyne, CPA, has been promoted to Controller.

Key Points: 
  • SCRANTON, Pa., June 07, 2023 (GLOBE NEWSWIRE) -- Daniel J. Santaniello, President and Chief Executive Officer of Fidelity Bank, is pleased to announce that Rosemarie Coyne, CPA, has been promoted to Controller.
  • With over 11 years of financial accounting experience, Coyne has served as Financial Reporting Specialist since 2012.
  • In her new role, she will be responsible for all accounting and financial reporting for the company.
  • “Rose has continuously and consistently demonstrated her ability, commitment, and focus,” said Salvatore R. DeFrancesco, EVP and CFO.