Fidelity D&D Bancorp Inc.

07/16/2024 | Press release | Distributed by Public on 07/16/2024 13:25

Strong HMDA Performance from Fidelity Bank for 2023

Scranton, PA - Fidelity Bank is pleased to announce the release of its 2023 HMDA (Home Mortgage Disclosure Act) Market Share Summary, highlighting the remarkable achievements of the previous year in Lackawanna, Luzerne, Wyoming, Lehigh, and Northampton Counties. Notably, Fidelity Bank secured the top position for both 1st and 2nd liens in Lackawanna County and ranked among the top 5 in all counties for these categories.

While mentioning this accomplishment, President and CEO, Daniel J. Santaniello, stated, "When reflecting on our performance, I take pride in observing the growth and success we've achieved across the counties we serve." He continued, "Our team has cultivated robust relationships, upheld strong commitments, and implemented effective strategies to accomplish this milestone, benefiting our customers and advancing our communities."

In Lackawanna County specifically, Fidelity Bank outperformed top competitors, achieving nearly $15 million more in 1st and 2nd liens. The total volume for the year reached $509.73 million across 3,400 units, underscoring Fidelity's leadership in the local market. Fidelity stays committed to pioneering new initiatives and maintaining its dedication to the employees, clients, and stakeholders.

Fidelity Bank excelled in Luzerne, Wyoming, Lehigh, and Northampton Counties, the only bank securing a top 5 position with a total volume of $5.49 billion and 29,100 units.

These achievements highlight Fidelity Bank's ongoing commitment to excellence and client satisfaction. The 2023 HMDA summary reflects the culmination of these efforts and serves as a catalyst for future success and growth.

About Fidelity Bank

Fidelity Bank has built a strong history as a trusted financial advisor and continues its mission of exceeding client expectations through a unique banking experience. It operates 21 full-service offices throughout Lackawanna, Luzerne, Lehigh, and Northampton Counties, along with a limited production commercial office in Luzerne County and a Fidelity Bank Wealth Management Office in Schuylkill County. Fidelity Bank provides a digital banking experience online at www.bankatfidelity.com, through the Fidelity Mobile Banking app, and in the Client Care Center at 1-800-388-4380. Part of the Company's vision is to serve as the best bank for the community, which was accomplished by having provided over 5,983 hours of volunteer time and over $1.36 million in donations to non-profit organizations directly within the markets served throughout 2023. Fidelity Bank's deposits are insured by the Federal Deposit Insurance Corporation up to the full extent permitted by law.

*Based on HMDA data