The community bank, with headquarters within the Leominster and you may 13 full-provider offices, expanded from the 9
The entire year 2021 is actually a keen historical online payday loans Hawai season to own Fidelity Lender due to the fact yearly abilities surpassed standard and additionally strong development in industrial finance and you will dumps. The lending company remained concerned about its LifeDesign Banking method regarding helping clients score in which they would like to become giving new quality, confidence, and care and attention had a need to generate advised choices regarding their economic future. Fidelity Bank mutual the 2021 monetary studies and you may neighborhood increases at the the Fidelity Financial Mutual Holding Team yearly appointment towards the April 19.
Fidelity Lender gave out approximately $2
As we admit the strongest seasons in our 133-12 months record, our company is thankful to those that have trusted me to publication them toward economic victory, said Ed Manzi, Chairman and you will President, Fidelity Financial. Our email address details are a true testament for the commitment of one’s acquaintances exactly who give provider carefully and create imaginative items so you’re able to respond to the fresh changing needs in our readers.
- Fidelity Bank’s LifeDesign strategy is actually produced to 2,398 the brand new customer houses into the 2021 and 392 companies for good overall out-of dos,790 the brand new put membership.
- Experienced over $398 billion when you look at the the fresh new mortgage production giving organizations $138 mil inside commercial finance, right up out-of $93 billion for the 2020, and more than $229 mil during the mortgage loans and house security funds, causing a more 10 percent gains.
- End from another round off 291 Salary Safety System (PPP) fund totaling $twenty five.nine mil, with a two-year overall full from 738 money resulting in $80.4 billion from inside the PPP fund.
- Growth of $43.nine mil during the retail dumps out of round the all providers segments, and additionally user, providers and you will civil.
- Exchange Expert, a number one representative and you can facilitator to possess Area 1031 transfers and you may a good wholly owned subsidiary away from Fidelity Financial, educated a record seasons which have a 30 % escalation in subscribers and a good 42 % increase in the typical month-to-month balances. Inside 2021, the brand new Change Power appointed John Peculis to Chairman and you can Chief executive officer, and revealed they moved the offices to the Fidelity Financial Shrewsbury Path banking heart in the Worcester for the .
Treating those with proper care and you will regard has become a guiding principle at the Fidelity Financial
He could be Melane Bisbas, Winfield Brown, Jody Guetter, Michael O’Neal, Roseanne Timmerman, and you can Jonathan Vitale, who can the suffice a beneficial ten-year term. Matthew Campobasso, bers, John Motion picture and Ronald J. (Joe) Salois was in fact re also-decided so you can serve a beneficial ten-seasons term as corporators regarding Fidelity Shared Holding Business. Sheila Harrity, Scott Howard, and you can Draw Puccio resigned as the corporators. Winfield Brown and you may Mary Ritter was indeed picked so you’re able to serve a-one-12 months identity because directors out of Fidelity Shared Holding Providers. Brian Cirelli, Patricia Leonhardt and you can Ronald Marchetti was basically re-elected while the administrators from Fidelity Shared Carrying Team getting good about three-seasons name, and you will Maureen Marshall was re also-select since a director out of Fidelity Shared Carrying Team for a one-12 months identity. Alvin Collins are selected so you’re able to Clerk from Fidelity Shared Holding Team having a-one-season label, and you may Judy Khallady try opted so you can Secretary Clerk out of Fidelity Common Carrying Organization for one-12 months title.
Growing on the history year’s production of this new Fidelity Bank Addition and Diversity Consultative Board, the lending company create inclusion and you may variety goals for consumer order and you may associate choosing and you may created a supplier Administration Coverage to make certain inclusion and range certainly one of organizations that have exactly who the financial institution really does company.
In 2021, Fidelity Lender continued to help with this new organizations with the Society Bonus Program because of the supporting over 220 causes totaling over $eight hundred,000. Groups choosing contributions when you look at the 2021 integrated Indian Mountain Musical from Littleton (in the near future as Groton Slope Music Cardio if the organization opens up their new home from inside the Groton) to help with outreach software and provide scholarships and grants for students on personal colleges all over Fidelity Bank’s services urban area plus Entrepreneurship to have All the, Inc. , Black Box Movies , Heywood Health care , Depending Foundation , WooSox Base , Neighborhood Council , NewVue Organizations, Inc. , The brand new Stick out Step as well as the Worcester State Restaurants Bank to name a few, as well as several explanations marketed using Fidelity Bank’s per week Compassionate Casual Fridays. 75 million due to the fact program was renamed in 2013.
