Town lender, that have head office when you look at the Leominster and 13 full-services organizations, became by the 9

The season 2021 was an enthusiastic historic season to possess Fidelity Bank since the annual abilities surpassed traditional as well as good development in industrial loans and you will places. The bank remained worried about their LifeDesign Banking means away from providing customers rating in which they wish to getting by providing brand new understanding, depend on, and you can proper care needed to create advised conclusion about their monetary coming. Fidelity Lender shared its 2021 monetary studies and you will area growth from the the new Fidelity payday loans bad credit Lewis Financial Mutual Carrying Providers annual appointment on April 19.

Fidelity Financial gave away approximately $2

As we accept the strongest season within our 133-year history, we’re thankful to the people that top me to publication them into monetary victory, told you Ed Manzi, President and you will President, Fidelity Bank. All of our email address details are a real testament on partnership of one’s acquaintances which promote services properly and develop imaginative situations so you’re able to answer the fresh developing requires your subscribers.

• Fidelity Bank’s LifeDesign method are produced so you’re able to dos,398 the brand new visitors houses from inside the 2021 and you can 392 companies for a overall regarding 2,790 the fresh put accounts.
• Educated more $398 mil within the the latest financing manufacturing by giving people $138 million into the industrial fund, up out of $93 million inside the 2020, and more than $229 mil within the mortgage loans and you can home equity finance, resulting in a more than 10 percent development.
• Completion of a second bullet regarding 291 Income Security Program (PPP) money totaling $twenty-five.9 billion, that have a-two-year total full out-of 738 loans causing $80.cuatro billion for the PPP financing.
• Development of $43.nine billion inside shopping dumps out of across the most of the providers markets, plus individual, organization and you may civil.
• Change Expert, the leading representative and facilitator getting Part 1031 transfers and you will an effective entirely had subsidiary off Fidelity Financial, educated accurate documentation season which have a 30 percent boost in website subscribers and a 42 per cent upsurge in the common monthly balance. During the 2021, the fresh new Replace Expert designated John Peculis in order to President and Chief executive officer, and you may established it moved the offices into Fidelity Lender Shrewsbury Highway banking heart in the Worcester in .

Treating individuals with proper care and admiration has long been a guiding principle on Fidelity Bank

He’s Melane Bisbas, Winfield Brown, Jody Guetter, Michael O’Neal, Roseanne Timmerman, and you can Jonathan Vitale, who’ll all of the suffice a beneficial ten-season identity. Matthew Campobasso, bers, John Film and you can Ronald J. (Joe) Salois was basically re also-opted so you’re able to serve an effective ten-year label while the corporators from Fidelity Shared Carrying Company. Sheila Harrity, Scott Howard, and Draw Puccio resigned because corporators. Winfield Brown and you will Mary Ritter was basically decided on in order to serve a-one-season label because administrators out-of Fidelity Common Carrying Business. Brian Cirelli, Patricia Leonhardt and Ronald Marchetti was re-chose as the administrators away from Fidelity Shared Holding Team to have a around three-seasons name, and you will Maureen Marshall is re-selected just like the a director of Fidelity Mutual Carrying Company to have a beneficial one-12 months title. Alvin Collins is decided on so you’re able to Clerk out-of Fidelity Common Holding Team to possess a-one-season label, and you may Judy Khallady try opted for so you’re able to Assistant Clerk from Fidelity Common Holding Business for one-seasons identity.

Expanding towards past year’s production of the newest Fidelity Bank Introduction and Assortment Consultative Panel, the bank establish inclusion and you may assortment targets to possess visitors acquisition and you may associate employing and you will authored a seller Management Rules to make certain inclusion and you can assortment certainly one of people with just who the financial institution does organization.

Inside the 2021, Fidelity Financial proceeded to help with the latest teams through its Neighborhood Bonus Program by supporting more 220 factors totaling over $400,000. Teams finding benefits for the 2021 integrated Indian Mountain Music from Littleton (in the future to-be Groton Hill Tunes Heart when the company reveals its new home in Groton) to support outreach software and offer scholarships for college students on public universities across the Fidelity Bank’s solution area along with Entrepreneurship to own All the, Inc. , Black colored Box Cinema , Heywood Healthcare , Depending Basis , WooSox Basis , Neighborhood Council , NewVue Teams, Inc. , This new Be noticed Step while the Worcester Condition Dining Lender to name several, including several grounds advertised because of Fidelity Bank’s per week Caring Informal Fridays. 75 million given that program is actually renamed in 2013.