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