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Daniel J. Santaniello Receives Prestigious Sam & Jane Cali Star Award

October 31, 2024

Scranton, PA – October 28, 2024— Daniel J. Santaniello, President & CEO, was honored to receive the Sam & Jane Cali Star Award during a heartfelt ceremony hosted by the Broadway Theatre League of Northeast Pennsylvania. This accolade is a tribute not only to Dan’s personal contributions to the arts but also to the transformative […]

Fidelity Bank Presents Wilkes-Barre Volunteers in Medicine With $10,000 IMPACT Grant

Wilkes-Barre, PA – October 29, 2024 – Fidelity Bank is pleased to share Volunteers in Medicine (VIM) has won the $10,000 Fidelity Bank IMPACT grant. VIM competed with two other area nonprofit finalists, all with the goal of securing grant funding to support their ongoing initiatives. Although all the finalists demonstrated their ability to deliver […]

Fidelity D & D Bancorp, Inc. Reports Third Quarter 2024 Financial Results

October 23, 2024

DUNMORE, Pa., Oct. 23, 2024 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three and nine-month periods ended September 30, 2024. Unaudited Financial Information Net income for the quarter ended September 30, 2024 was $5.0 million, or […]

October is Cybersecurity Awareness Month (CSAM)

October 2, 2024

First recognized by the President of the United States and Congress in 2004, CSAM has been a collaborative effort by the government and various industries to ensure every American has the resources and tools to stay safe and secure while online. As technology advances, the need for cybersecurity education is greater than ever. With this […]

August 2024 Market Review

September 9, 2024

Fidelity Bank – Wealth Management August 2024 William J. Fennie III, CFA Despite an abrupt end to the dollar-yen carry trade in the beginning of August, equity and bond markets continued their climb. The VIX index, often known as the “fear gauge” jumped from 16 on July 31st to 38 on August 2nd as the […]

Preparing for Retirement

September 6, 2024

While balancing work, family, and friends, it can be easy to let certain financial subjects lie dormant in the “let’s think about that later” section of the brain. Saving for retirement can be one of those subjects, but it’s important to resist that tendency. Regardless of one’s financial situation, it’s always a good idea to evaluate retirement savings options. It’s never too late to start, or modify, a plan.

The Financial Analysis: what it is, and why every small business owner should be doing it

August 23, 2024

Angelo DeCesaris, Vice-President and Business Relationship Manager at Fidelity Bank in Kingston, explains the basics of financial analysis and why regular evaluation is critical to the success of every small business.

Fidelity Bank Announces 2023 Strong Mortgage Lending Market Share Results

August 20, 2024

8/20/2024 Fidelity Bank is pleased to announce the release of its 2023 Mortgage Lending 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 as the number one residential mortgage lender in Lackawanna County.  While mentioning this accomplishment, President […]

Fidelity D & D Bancorp, Inc. Third Quarter 2024 Dividend

July 18, 2024

DUNMORE, Pa., July 17, 2024 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s third quarter dividend of $0.38 per share.   The dividend is payable September 10, 2024 to shareholders of record at […]

March 2024 Market Review

April 24, 2024

Fidelity Bank – Wealth Management, March 2024, William J. Fennie III, CFA Resilient economic data buoyed investors’ spirits during the first quarter of 2024. Confirmation of greater than expected 4Q 2023 GDP, a surprise expansion reading of ISM Manufacturing PMI (50.3) and macroeconomic data elsewhere around the world further supported the prospect of a resilient […]

January 2024 Market Review

February 15, 2024

Fidelity Bank – Wealth Management, January 2024, William J. Fennie III, CFA Global markets were a mixed bag to start the new year. After a rally in almost every asset class to end 2023, January saw US stocks rise 1.68%, while US Investment Grade Bonds fell 0.28%. Strength of the economy, inflation, disinflation, and the […]

Electronic Payments Keep You Safe and Informed

January 23, 2024

Are you looking for a fast, safe and convenient way to do everything from paying bills to making purchases? Say goodbye to the risks associated with writing checks or using cash—electronic payments are a much safer and convenient alternative. Whether you use your Fidelity Bank Visa® Debit Card, a credit card, or utilize electronic bill […]

December 2023 Market Review

January 12, 2024

Fidelity Bank – Wealth ManagementJanuary 2023William J. Fennie III, CFA Bond and Equity markets continued to rally in December as the Bloomberg US Aggregate Bond Index rose 3.83% and the S&P 500 rallied 4.54%. This positive momentum helped the indexes finish up 5.53% and 26.29% for the year, respectively. Cooling inflation driven by less robust […]

Paying Off Debt: Snowball vs. Avalanche

January 9, 2024

Debt doesn’t have to be a dirty word. Many of us rely on loans whether for school, a home, or unexpected expenses. While loans can be a valuable resource, managing them wisely is crucial for financial well-being. Navigating through debt can be an overwhelming task, but with a strategic approach, you can take control of […]

The Risks of Mailing Checks: Why It’s Time to Consider Safer Alternatives

January 4, 2024

Discover the dangers of mailing checks and the benefits of digital payment alternatives in our latest blog. Protect yourself from check fraud and embrace secure, efficient financial transactions.