The entire year 2021 are a keen historic 12 months to own Fidelity Bank due to the fact yearly show surpassed criterion in addition to good development in commercial fund and you can deposits. The bank remained focused on its LifeDesign Banking means out of providing customers score where they want to end up being by giving brand new quality, trust, and care necessary to generate informed decisions about their economic upcoming. Fidelity Lender shared the 2021 financial data and area gains from the the brand new Fidelity Financial Common Carrying Team annual fulfilling into April 19.
Fidelity Bank has given aside everything $2
Once we know the best 12 months in our 133-season history, we’re grateful to people who possess leading me to book all of them to your economic victory, said Ed Manzi, Chairman and President, Fidelity Financial. All of our email address details are a real testament to the union your acquaintances exactly who provide service carefully and produce creative facts to help you respond to the growing need of our subscribers.
- Fidelity Bank’s LifeDesign method is introduced to dos,398 the fresh visitors homes within the 2021 and you will 392 businesses to own a beneficial complete off 2,790 this new deposit membership.
- Educated more $398 million into the brand new mortgage development by providing people $138 mil into the commercial loans, right up regarding $93 million into the 2020, and more than $229 mil for the mortgages and house security loans, causing a more ten percent progress.
- End regarding another bullet from 291 Income Shelter System (PPP) fund totaling $twenty five.nine billion, with a two-12 months overall total out of 738 loans leading to $80.4 mil in PPP loans.
- Development of $43.9 billion when you look at the shopping deposits of round the the business areas, also consumer, company and you may civil.
- Exchange Power, a respected associate and you can facilitator getting Part 1031 exchanges and you will a good completely had subsidiary from Fidelity Financial, experienced a https://elitecashadvance.com/loans/installment-loan-direct-lenders/ record 12 months that have a 30 % increase in customers and you will an excellent 42 per cent rise in the average monthly balance. Inside 2021, new Replace Expert designated John Peculis to help you Chairman and you will President, and announced they gone their workplaces for the Fidelity Bank Shrewsbury Street banking center in the Worcester when you look at the .
Treating people who have care and attention and respect has become a guiding principle within Fidelity Financial
He’s Melane Bisbas, Winfield Brown, Jody Guetter, Michael O’Neal, Roseanne Timmerman, and you can Jonathan Vitale, who’ll all suffice a great 10-year label. Matthew Campobasso, bers, John Film and you may Ronald J. (Joe) Salois had been re also-decided so you’re able to serve an excellent 10-seasons name once the corporators out-of Fidelity Common Holding Business. Sheila Harrity, Scott Howard, and you may Mark Puccio retired while the corporators. Winfield Brownish and you may Mary Ritter had been decided to go with to serve a single-12 months label because the directors away from Fidelity Common Holding Team. Brian Cirelli, Patricia Leonhardt and you may Ronald Marchetti was indeed lso are-decided to go with because the administrators regarding Fidelity Common Carrying Organization to possess an effective three-seasons term, and you may Maureen Marshall is re also-opted because the a movie director of Fidelity Shared Holding Organization to own a one-season label. Alvin Collins try picked in order to Clerk of Fidelity Shared Holding Business having a-one-12 months term, and you may Judy Khallady is elected in order to Assistant Clerk out of Fidelity Common Holding Business for example-12 months term.
Increasing to your history year’s production of the newest Fidelity Financial Introduction and you may Variety Consultative Board, the lending company arranged introduction and you will assortment aim getting buyer acquisition and colleague employing and you may composed a provider Government Plan to be certain introduction and you will assortment one of organizations that have who the bank do company.
From inside the 2021, Fidelity Financial proceeded to help with this new groups with the Society Dividend Program by supporting more than 220 explanations totaling more $eight hundred,000. Groups researching contributions for the 2021 included Indian Mountain Tunes regarding Littleton (soon is Groton Hill Tunes Center if company opens up its brand new home from inside the Groton) to help with outreach apps and provide scholarships for college students in the social universities across Fidelity Bank’s service town as well as Entrepreneurship to have All of the, Inc. , Black Box Movies , Heywood Healthcare , Reliant Base , WooSox Base , Area Council , NewVue Communities, Inc. , This new Stand out Step in addition to Worcester Condition Eating Lender to call a number of, together with multiple causes advertised using Fidelity Bank’s each week Compassionate Everyday Fridays. 75 million because the program are renamed for the 2013.