Fidelity Earns "Superior" Rating
Fidelity Bank has earned a five-star “Superior” rating from Bauer Financial, an independent rating company analyzing and reporting on the performance of U.S. banks and credit unions since 1983. Financial institutions that earn a five-star rating from Bauer Financial are placed on the Bauer Financial Recommended Report.
“We have always focused on creating a solid, safe and reliable banking environment for our customers, shareholders and employees,” said Daniel Santaniello, President and Chief Executive Officer of Fidelity Bank. “Our ‘Superior’ rating from Bauer Financial reinforces that we are accomplishing our mission and our goals, and we will continue to serve our customers to the highest level, offering the products and services that best meet their needs.”
Bauer Financial rates financial institutions based upon a complex formula factoring in current and historical data. The first level of evaluation is the capital level of the institution followed by other relevant data including, but not limited to, profitability, historical trends, loan delinquencies, repossessed assets, reserves, regulatory compliance, proposed regulations and asset quality.
Named one of the top 200 community banks in the country by American Banker, Fidelity Bank has built a strong history as trusted financial advisor to the customers served, and is proud to be an active member of the community of Northeastern Pennsylvania. With 11 branches located throughout Lackawanna and Luzerne Counties, Fidelity Bank offers full-service Trust & Investment Departments, a mortgage center, and an array of personal and business banking products and services. The Bank provides 24 hour, 7 day a week service to customers through branch offices, online, and through the Customer Care Center at 800.388.4380.
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