STANDING
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F I D E L I T Y D & D B A N C O R P, I N C . 2 0 2 0 A N N U A L R E P O R T
In the darkest night, when the sea explodes in all its fury,
a beacon of light guides us to safe harbor.
KATELYN ABRAHAM KELLY ADAMS JOHNATHAN AHBEZ MILLER DEBRA ALIMENTI AUDREY ALTEMOSE ISABEL ANDERSON BRENDA ANDES PAUL JOHN ARVAY JAMES ATEN MICHELLE AULD ANGELA BABIO TRACY
BARBER LORI BARRETT ALYSSA BARTOLI ROSA BARTOLUCCI LAURA BEARBY EILEEN BELL DIANE BIELINSKI MARY LYNN BLASI DANA BLOOM JILLIAN BOCHNOVICH PATRICIA BOHAN PATRICK BOLES MICHAEL
BOULOS HEATHER BREWER JALEN BRIDGES MELISSA BRIGGS ANGEL BROWDER SUSAN BROWN CONOR BULLARD TIFFANY BURCH JEREMIAH BURDICK GLENN BURGE DAVID BURGE CYNTHIA CACIOPPO CARMEN
CAPUTO DEBORAH CAREY JOSEPH CARLIN DIANE CARNEY MICHELLE CARR BRYANNE CARUSO ALISON CASTELLINO PAULINA CENNI MOLLY CHAMBERS FELICITY CHEE ROSS CIANFLONE FRANK CIMINO JAKE
CIULLO DOMINIQUE CLARK SAMANTHA CLARK KRISTI CLEVELAND NATALIJA CODELLA MICHAEL COLE CATHY COLLINS JUDITH COMERFORD ANTHONY CONSALVO LATOYA COOPER KRISTEN CORRADO MICHAEL
COURY RONA COVALESKY ROSEMARIE COYNE ADAM CRAHALL SARAH CREWS LAWRENCE CRIMI LESLY CULKIN FREDERICK CURCIO PATRICIA CURLEY GEORGE CZAJKOWSKI ANGELO DECESARIS SALVATORE
DEFRANCESCO JENNIFER DEJONGE KATHLEEN DELEO KATELYN DEMERS MARGARET DERMODY MARIA DERTINGER MICHAEL DESARRO CANDACE DEXHEIMER CHRISTOPHER DiPIETRO TYLENE DODGE CAROL
DOLAN CYNTHIA DOPKO STEPHANIE DOWLING MARISSA DROBNICKI DEREK DUNSTONE LORIANN EDWARDS MARYANN ELLEFSEN VIRGINIA ERNST ROBERT FARRELL ELIZABETH FELICIANO WILLIAM FENNIE
BRITTANI FENTON JOHN FERRETT SHANAY FIGUEROA MATTHEW FISCH BRANDI FOX JOANN FULLER LAWLESS CAREY GARVEY ELIZABETH GILGALLON DENISE GIOGAIA ANTHONY GIOVAGNOLI TRACEY GOLDEN
RACHEL GOODWIN JOSHUA GORTON AARON GORYL TERESA GOZIK TYSON ELIZABETH GRAHAM CONNIE GREENAMOYER KRISTIN GREIS ELIESE GRELLA JOHN GROCHOWSKI KRISTIN GROW RENEE GRUBE
SHAWNA HALLEY LOGAN HANSMAN CARRIE HART MICHELLE HAUSMANN KENNETH HEATER TIFFANY HEWITT CAROL HILTON THERESA HINTON NEIL HOCKENBERRY MELINDA HOFFNER ROBERT HOOPER RACHEL
HOUCK KIANA HUBBARD DENA HUGHES SUSAN HYNDS JAMES IGOE DELBERT JAMES CHRISTA JENNINGS MARK JOBES JUDI ANN JOCSAK CANDICE JOHNSON DRAGAN JOKIC NICOLE JUDGE DONNA KANE
MICHAEL KARPOVICH ALYSSA KAUFFMAN HARDEEP KAUR HEATHER KAZINETZ CURTIS KEMMERER SANDRA KENNEDY AMY KERR VIRGINIA KIELAR ANDREW KILPATRICK STEPHANIE KINNEY SARAH KLINE BRANDON
KLINE SARAH KNOBLE BARRETT KOTCH NOELLE KREMPASKY GEETHA KUMAR NICHOLAS KUZDRO BETH LANGSTON MARIANE LANK BRIAR LAURITO MARIA LAWLER DIANE LAYMAN CHRISTIJO LAZOR ALYSSA
LEHR JODY LEWIS LISA LILLY KERRY LOBEL STEFANIE LOBEL BRYAN LOFTUS SUSAN MAE LUCAS LAUREN LUONGO WILLIAM MALITSCH ANGEL MANDARANO MICHAEL MARINELLI MARY ANN MARRANCA MARY
MARSHALL RACHEL MARSILI JOANN MARSILI TRINITY MCANDREW WILLIAM MCANDREW JASON MCCABE KEVIN MCCORMICK JESSICA MCDONNELL MICHELLE MCMASTER RILEY MCNALLY MARY MCNICHOLS
JANIE MCROY LISA MINOR MONIQUE MONTAQUE ERIC MONTELLA THOMAS MOORE DONNA MUIR SHARON MULLANEY LIRIKA NASHI GEORGE NEUBAUER NATALIE NIEVES CHRISTOPHER OBRIEN JAMES OBRIEN
TIMOTHY OBRIEN ERICH OLSEN THOMAS OMALLEY CAROLYN ORTMAN RICHARD ORTMAN DIANE PACOVICH MICHAEL PACYNA CHRISTOPHER PAGANO NICHOLAS PARISE JOHN PASH CHERISSE PEATEN GWENDOLYN
PENSYL CARLOS PEREZ GUTIERREZ DAVENE PERRUSO CAROL PETLISKI JOANNE PEZZUTI REBECCA PHILLIPS HANNAH PIERRE MARY PIERRE GRACE PINEDA MAUREEN POLSTER KENDRA PORTAS CARMELLA
PRINGLE-KUZDRO JEFFREY RAKE CARLO RAMELAH VICTORIA RANDIS DEBORAH RATUSZNY THOMAS REGENSKI MARY REID KAREN RENFER ROBERT RILEY ANNA MARIA RITTLE SOPHIA ROBINSON KRISTOPHER
ROGERS THERESA ROGINSKI ROSELIS ROJAS SADIE ROTH MARY ANN ROUSHEY LORI ROWKER ALAN RUDALAVAGE TODD SAAB MELISSA SADAKA MICHELE SANTANIELLO ALEXIS SANTANIELLO DANIEL SANTANIELLO
DAVID SAXTON MICHELE SCHMIDT KEVIN SCOTCH JAMES SEGUIN ALLYSON SELIGA SAMANTHA SELITTO SHARON SHEPERIS HANNAH SHURTLEFF MADISON SICKLER CONNIE LEE SILVIUS WAYNE SILVIUS KELLEAH
SIMONSON ELIZABETH SIMPSON MARTIN SKODOCEK CHRIS SLEDZINSKI KATHLEEN SOLSMAN SARAH SORRELLS KAITLYN STAUFF KELLY STEINMETZ WILLIAM STEVENS MATTHEW STRONEY MARK STRUNK KYLE
SUPLEE REBEKAH TASKER KRISTI THOMAS KATHLEEN TIMLIN HEENA TOLANI JOSEPH TOMKO NICHOLAS TRAINO COLLEEN TUNIS TIA UBALDINI CYNTHIA UCHIC JILL VALENTINI CHRISTINE VALVANO AMANDA
VINCIGUERRA MELODY VINCIGUERRA ALEXANDER VOLZ ERIN WALSH LACEY WALSH EUGENE WALSH JOSEPH WARD AMY WASKO SUSAN WEAVER ERIC WETTERLIN LINDA WISHARD BENJAMIN WOLK HANNAH
WOOLF GEORGE WYNNE GEORGE YAKUBISIN NICOLE YAZINSKI DEBORAH YEARING BENJAMIN YOUNG KATELYN ABRAHAM KELLY ADAMS JOHNATHAN AHBEZ MILLER DEBRA ALIMENTI AUDREY ALTEMOSE ISABEL
ANDERSON BRENDA ANDES PAUL JOHN ARVAY JAMES ATEN MICHELLE AULD ANGELA BABIO TRACY BARBER LORI BARRETT ALYSSA BARTOLI ROSA BARTOLUCCI LAURA BEARBY EILEEN BELL DIANE BIELINSKI
MARY LYNN BLASI DANA BLOOM JILLIAN BOCHNOVICH PATRICIA BOHAN PATRICK BOLES MICHAEL BOULOS HEATHER BREWER JALEN BRIDGES MELISSA BRIGGS ANGEL BROWDER SUSAN BROWN CONOR
BULLARD TIFFANY BURCH JEREMIAH BURDICK GLENN BURGE DAVID BURGE CYNTHIA CACIOPPO CARMEN CAPUTO DEBORAH CAREY JOSEPH CARLIN DIANE CARNEY MICHELLE CARR BRYANNE CARUSO ALISON
CASTELLINO PAULINA CENNI MOLLY CHAMBERS FELICITY CHEE ROSS CIANFLONE FRANK CIMINO JAKE CIULLO DOMINIQUE CLARK SAMANTHA CLARK KRISTI CLEVELAND NATALIJA CODELLA MICHAEL COLE
CATHY COLLINS JUDITH COMERFORD ANTHONY CONSALVO LATOYA COOPER KRISTEN CORRADO MICHAEL COURY RONA COVALESKY ROSEMARIE COYNE ADAM CRAHALL SARAH CREWS LAWRENCE CRIMI
LESLY CULKIN FREDERICK CURCIO PATRICIA CURLEY GEORGE CZAJKOWSKI ANGELO DECESARIS SALVATORE DEFRANCESCO JENNIFER DEJONGE KATHLEEN DELEO KATELYN DEMERS MARGARET DERMODY
MARIA DERTINGER MICHAEL DESARRO CANDACE DEXHEIMER CHRISTOPHER DiPIETRO TYLENE DODGE CAROL DOLAN CYNTHIA DOPKO STEPHANIE DOWLING MARISSA DROBNICKI DEREK DUNSTONE LORIANN
EDWARDS MARYANN ELLEFSEN VIRGINIA ERNST ROBERT FARRELL ELIZABETH FELICIANO WILLIAM FENNIE BRITTANI FENTON JOHN FERRETT SHANAY FIGUEROA MATTHEW FISCH BRANDI FOX JOANN FULLER
LAWLESS CAREY GARVEY ELIZABETH GILGALLON DENISE GIOGAIA ANTHONY GIOVAGNOLI TRACEY GOLDEN RACHEL GOODWIN JOSHUA GORTON AARON GORYL TERESA GOZIK TYSON ELIZABETH GRAHAM
CONNIE GREENAMOYER KRISTIN GREIS ELIESE GRELLA JOHN GROCHOWSKI KRISTIN GROW RENEE GRUBE SHAWNA HALLEY LOGAN HANSMAN CARRIE HART MICHELLE HAUSMANN KENNETH HEATER TIFFANY
HEWITT CAROL HILTON THERESA HINTON NEIL HOCKENBERRY MELINDA HOFFNER ROBERT HOOPER RACHEL HOUCK KIANA HUBBARD DENA HUGHES SUSAN HYNDS JAMES IGOE DELBERT JAMES CHRISTA
JENNINGS MARK JOBES JUDI ANN JOCSAK CANDICE JOHNSON DRAGAN JOKIC NICOLE JUDGE DONNA KANE MICHAEL KARPOVICH ALYSSA KAUFFMAN HARDEEP KAUR HEATHER KAZINETZ CURTIS KEMMERER
SANDRA KENNEDY AMY KERR VIRGINIA KIELAR ANDREW KILPATRICK STEPHANIE KINNEY SARAH KLINE BRANDON KLINE SARAH KNOBLE BARRETT KOTCH NOELLE KREMPASKY GEETHA KUMAR NICHOLAS KUZDRO
BETH LANGSTON MARIANE LANK BRIAR LAURITO MARIA LAWLER DIANE LAYMAN CHRISTIJO LAZOR ALYSSA LEHR JODY LEWIS LISA LILLY KERRY LOBEL STEFANIE LOBEL BRYAN LOFTUS SUSAN MAE LUCAS
LAUREN LUONGO WILLIAM MALITSCH ANGEL MANDARANO MICHAEL MARINELLI MARY ANN MARRANCA MARY MARSHALL RACHEL MARSILI JOANN MARSILI TRINITY MCANDREW WILLIAM MCANDREW JASON
MCCABE KEVIN MCCORMICK JESSICA MCDONNELL MICHELLE MCMASTER RILEY MCNALLY MARY MCNICHOLS JANIE MCROY LISA MINOR MONIQUE MONTAQUE ERIC MONTELLA THOMAS MOORE DONNA MUIR
SHARON MULLANEY LIRIKA NASHI GEORGE NEUBAUER NATALIE NIEVES CHRISTOPHER OBRIEN JAMES OBRIEN TIMOTHY OBRIEN ERICH OLSEN THOMAS OMALLEY CAROLYN ORTMAN RICHARD ORTMAN DIANE
PACOVICH MICHAEL PACYNA CHRISTOPHER PAGANO NICHOLAS PARISE JOHN PASH CHERISSE PEATEN GWENDOLYN PENSYL CARLOS PEREZ GUTIERREZ DAVENE PERRUSO CAROL PETLISKI JOANNE PEZZUTI
REBECCA PHILLIPS HANNAH PIERRE MARY PIERRE GRACE PINEDA MAUREEN POLSTER KENDRA PORTAS CARMELLA PRINGLE-KUZDRO JEFFREY RAKE CARLO RAMELAH VICTORIA RANDIS DEBORAH RATUSZNY
THOMAS REGENSKI MARY REID KAREN RENFER ROBERT RILEY ANNA MARIA RITTLE SOPHIA ROBINSON KRISTOPHER ROGERS THERESA ROGINSKI ROSELIS ROJAS SADIE ROTH MARY ANN ROUSHEY LORI ROWKER
ALAN RUDALAVAGE TODD SAAB MELISSA SADAKA MICHELE SANTANIELLO ALEXIS SANTANIELLO DANIEL SANTANIELLO DAVID SAXTON MICHELE SCHMIDT KEVIN SCOTCH JAMES SEGUIN ALLYSON SELIGA
SAMANTHA SELITTO SHARON SHEPERIS HANNAH SHURTLEFF MADISON SICKLER CONNIE LEE SILVIUS WAYNE SILVIUS KELLEAH SIMONSON ELIZABETH SIMPSON MARTIN SKODOCEK CHRIS SLEDZINSKI KATHLEEN
SOLSMAN SARAH SORRELLS KAITLYN STAUFF KELLY STEINMETZ WILLIAM STEVENS MATTHEW STRONEY MARK STRUNK KYLE SUPLEE REBEKAH TASKER KRISTI THOMAS KATHLEEN TIMLIN HEENA TOLANI JOSEPH
TOMKO NICHOLAS TRAINO COLLEEN TUNIS TIA UBALDINI CYNTHIA UCHIC JILL VALENTINI CHRISTINE VALVANO AMANDA VINCIGUERRA MELODY VINCIGUERRA ALEXANDER VOLZ ERIN WALSH LACEY WALSH EUGENE
WALSH JOSEPH WARD AMY WASKO SUSAN WEAVER ERIC WETTERLIN LINDA WISHARD BENJAMIN WOLK HANNAH WOOLF GEORGE WYNNE GEORGE YAKUBISIN NICOLE YAZINSKI DEBORAH YEARING BENJAMIN
YOUNG KATELYN ABRAHAM KELLY ADAMS JOHNATHAN AHBEZ MILLER DEBRA ALIMENTI AUDREY ALTEMOSE ISABEL ANDERSON BRENDA ANDES PAUL JOHN ARVAY JAMES ATEN MICHELLE AULD ANGELA BABIO
TRACY BARBER LORI BARRETT ALYSSA BARTOLI ROSA BARTOLUCCI LAURA BEARBY EILEEN BELL DIANE BIELINSKI MARY LYNN BLASI DANA BLOOM JILLIAN BOCHNOVICH PATRICIA BOHAN PATRICK BOLES
MICHAEL BOULOS HEATHER BREWER JALEN BRIDGES MELISSA BRIGGS ANGEL BROWDER SUSAN BROWN CONOR BULLARD TIFFANY BURCH JEREMIAH BURDICK GLENN BURGE DAVID BURGE CYNTHIA CACIOPPO
CARMEN CAPUTO DEBORAH CAREY JOSEPH CARLIN DIANE CARNEY MICHELLE CARR BRYANNE CARUSO ALISON CASTELLINO PAULINA CENNI MOLLY CHAMBERS FELICITY CHEE ROSS CIANFLONE FRANK CIMINO
JAKE CIULLO DOMINIQUE CLARK SAMANTHA CLARK KRISTI CLEVELAND NATALIJA CODELLA MICHAEL COLE CATHY COLLINS JUDITH COMERFORD ANTHONY CONSALVO LATOYA COOPER KRISTEN CORRADO
MICHAEL COURY RONA COVALESKY ROSEMARIE COYNE ADAM CRAHALL SARAH CREWS LAWRENCE CRIMI LESLY CULKIN FREDERICK CURCIO PATRICIA CURLEY GEORGE CZAJKOWSKI ANGELO DECESARIS
SALVATORE DEFRANCESCO JENNIFER DEJONGE KATHLEEN DELEO KATELYN DEMERS MARGARET DERMODY MARIA DERTINGER MICHAEL DESARRO CANDACE DEXHEIMER CHRISTOPHER DiPIETRO TYLENE DODGE
CAROL DOLAN CYNTHIA DOPKO STEPHANIE DOWLING MARISSA DROBNICKI DEREK DUNSTONE LORIANN EDWARDS MARYANN ELLEFSEN VIRGINIA ERNST ROBERT FARRELL ELIZABETH FELICIANO WILLIAM
FENNIE BRITTANI FENTON JOHN FERRETT SHANAY FIGUEROA MATTHEW FISCH BRANDI FOX JOANN FULLER LAWLESS CAREY GARVEY ELIZABETH GILGALLON DENISE GIOGAIA ANTHONY GIOVAGNOLI TRACEY
GOLDEN RACHEL GOODWIN JOSHUA GORTON AARON GORYL TERESA GOZIK TYSON ELIZABETH GRAHAM CONNIE GREENAMOYER KRISTIN GREIS ELIESE GRELLA JOHN GROCHOWSKI KRISTIN GROW RENEE
GRUBE SHAWNA HALLEY LOGAN HANSMAN CARRIE HART MICHELLE HAUSMANN KENNETH HEATER TIFFANY HEWITT CAROL HILTON THERESA HINTON NEIL HOCKENBERRY MELINDA HOFFNER ROBERT HOOPER
RACHEL HOUCK KIANA HUBBARD DENA HUGHES SUSAN HYNDS JAMES IGOE DELBERT JAMES CHRISTA JENNINGS MARK JOBES JUDI ANN JOCSAK CANDICE JOHNSON DRAGAN JOKIC NICOLE JUDGE DONNA
KANE MICHAEL KARPOVICH ALYSSA KAUFFMAN HARDEEP KAUR HEATHER KAZINETZ CURTIS KEMMERER SANDRA KENNEDY AMY KERR VIRGINIA KIELAR ANDREW KILPATRICK STEPHANIE KINNEY SARAH KLINE
BRANDON KLINE SARAH KNOBLE BARRETT KOTCH NOELLE KREMPASKY GEETHA KUMAR NICHOLAS KUZDRO BETH LANGSTON MARIANE LANK BRIAR LAURITO MARIA LAWLER DIANE LAYMAN CHRISTIJO LAZOR
ALYSSA LEHR JODY LEWIS LISA LILLY KERRY LOBEL STEFANIE LOBEL BRYAN LOFTUS SUSAN MAE LUCAS LAUREN LUONGO WILLIAM MALITSCH ANGEL MANDARANO MICHAEL MARINELLI MARY ANN MARRANCA
MARY MARSHALL RACHEL MARSILI JOANN MARSILI TRINITY MCANDREW WILLIAM MCANDREW JASON MCCABE KEVIN MCCORMICK JESSICA MCDONNELL MICHELLE MCMASTER RILEY MCNALLY MARY MCNICHOLS
JANIE MCROY LISA MINOR MONIQUE MONTAQUE ERIC MONTELLA THOMAS MOORE DONNA MUIR SHARON MULLANEY LIRIKA NASHI GEORGE NEUBAUER NATALIE NIEVES CHRISTOPHER OBRIEN JAMES OBRIEN
TIMOTHY OBRIEN ERICH OLSEN THOMAS OMALLEY CAROLYN ORTMAN RICHARD ORTMAN DIANE PACOVICH MICHAEL PACYNA CHRISTOPHER PAGANO NICHOLAS PARISE JOHN PASH CHERISSE PEATEN GWENDOLYN
PENSYL CARLOS PEREZ GUTIERREZ DAVENE PERRUSO CAROL PETLISKI JOANNE PEZZUTI REBECCA PHILLIPS HANNAH PIERRE MARY PIERRE GRACE PINEDA MAUREEN POLSTER KENDRA PORTAS CARMELLA
PRINGLE-KUZDRO JEFFREY RAKE CARLO RAMELAH VICTORIA RANDIS DEBORAH RATUSZNY THOMAS REGENSKI MARY REID KAREN RENFER ROBERT RILEY ANNA MARIA RITTLE SOPHIA ROBINSON KRISTOPHER
ROGERS THERESA ROGINSKI ROSELIS ROJAS SADIE ROTH MARY ANN ROUSHEY LORI ROWKER ALAN RUDALAVAGE TODD SAAB MELISSA SADAKA MICHELE SANTANIELLO ALEXIS SANTANIELLO DANIEL SANTANIELLO
DAVID SAXTON MICHELE SCHMIDT KEVIN SCOTCH JAMES SEGUIN ALLYSON SELIGA SAMANTHA SELITTO SHARON SHEPERIS HANNAH SHURTLEFF MADISON SICKLER CONNIE LEE SILVIUS WAYNE SILVIUS KELLEAH
SIMONSON ELIZABETH SIMPSON MARTIN SKODOCEK CHRIS SLEDZINSKI KATHLEEN SOLSMAN SARAH SORRELLS KAITLYN STAUFF KELLY STEINMETZ WILLIAM STEVENS MATTHEW STRONEY MARK STRUNK KYLE
SUPLEE REBEKAH TASKER KRISTI THOMAS KATHLEEN TIMLIN HEENA TOLANI JOSEPH TOMKO NICHOLAS TRAINO COLLEEN TUNIS TIA UBALDINI CYNTHIA UCHIC JILL VALENTINI CHRISTINE VALVANO AMANDA
VINCIGUERRA MELODY VINCIGUERRA ALEXANDER VOLZ ERIN WALSH LACEY WALSH EUGENE WALSH JOSEPH WARD AMY WASKO SUSAN WEAVER ERIC WETTERLIN LINDA WISHARD BENJAMIN WOLK HANNAH
WOOLF GEORGE WYNNE GEORGE YAKUBISIN NICOLE YAZINSKI DEBORAH YEARING BENJAMIN YOUNG KATELYN ABRAHAM KELLY ADAMS JOHNATHAN AHBEZ MILLER DEBRA ALIMENTI AUDREY ALTEMOSE ISABEL
ANDERSON BRENDA ANDES PAUL JOHN ARVAY JAMES ATEN MICHELLE AULD ANGELA BABIO TRACY BARBER LORI BARRETT ALYSSA BARTOLI ROSA BARTOLUCCI LAURA BEARBY EILEEN BELL DIANE BIELINSKI
MARY LYNN BLASI DANA BLOOM JILLIAN BOCHNOVICH PATRICIA BOHAN PATRICK BOLES MICHAEL BOULOS HEATHER BREWER JALEN BRIDGES MELISSA BRIGGS ANGEL BROWDER SUSAN BROWN CONOR
BULLARD TIFFANY BURCH JEREMIAH BURDICK GLENN BURGE DAVID BURGE CYNTHIA CACIOPPO CARMEN CAPUTO DEBORAH CAREY JOSEPH CARLIN DIANE CARNEY MICHELLE CARR BRYANNE CARUSO ALISON
CASTELLINO PAULINA CENNI MOLLY CHAMBERS FELICITY CHEE ROSS CIANFLONE FRANK CIMINO JAKE CIULLO DOMINIQUE CLARK SAMANTHA CLARK KRISTI CLEVELAND NATALIJA CODELLA MICHAEL COLE
CATHY COLLINS JUDITH COMERFORD ANTHONY CONSALVO LATOYA COOPER KRISTEN CORRADO MICHAEL COURY RONA COVALESKY ROSEMARIE COYNE ADAM CRAHALL SARAH CREWS LAWRENCE CRIMI
LESLY CULKIN FREDERICK CURCIO PATRICIA CURLEY GEORGE CZAJKOWSKI ANGELO DECESARIS SALVATORE DEFRANCESCO JENNIFER DEJONGE KATHLEEN DELEO KATELYN DEMERS MARGARET DERMODY
MARIA DERTINGER MICHAEL DESARRO CANDACE DEXHEIMER CHRISTOPHER DiPIETRO TYLENE DODGE CAROL DOLAN CYNTHIA DOPKO STEPHANIE DOWLING MARISSA DROBNICKI DEREK DUNSTONE LORIANN
EDWARDS MARYANN ELLEFSEN VIRGINIA ERNST ROBERT FARRELL ELIZABETH FELICIANO WILLIAM FENNIE BRITTANI FENTON JOHN FERRETT SHANAY FIGUEROA MATTHEW FISCH BRANDI FOX JOANN FULLER
LAWLESS CAREY GARVEY ELIZABETH GILGALLON DENISE GIOGAIA ANTHONY GIOVAGNOLI TRACEY GOLDEN RACHEL GOODWIN JOSHUA GORTON AARON GORYL TERESA GOZIK TYSON ELIZABETH GRAHAM
CONNIE GREENAMOYER KRISTIN GREIS ELIESE GRELLA JOHN GROCHOWSKI KRISTIN GROW RENEE GRUBE SHAWNA HALLEY LOGAN HANSMAN CARRIE HART MICHELLE HAUSMANN KENNETH HEATER TIFFANY
HEWITT CAROL HILTON THERESA HINTON NEIL HOCKENBERRY MELINDA HOFFNER ROBERT HOOPER RACHEL HOUCK KIANA HUBBARD DENA HUGHES SUSAN HYNDS JAMES IGOE DELBERT JAMES CHRISTA
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
Message to our Valued Shareholders:
The Board of Directors and Fidelity Bankers are
very pleased to report that the Company ended
the year with net income of $13.0 million, or $2.82
diluted earnings per share. The Fidelity Bankers’
commitment to building mutually beneficial
relationships, and partnering with our clients to
achieve financial success, has generated strong
growth in loans, deposits and non-interest
income, and continues to produce exceptional
shareholder value. By the end of 2020, total
assets reached approximately $1.7 billion – a
68.3% increase over 2019. The Bank’s strategic
focus on a value-added banking experience has
continued to differentiate the Fidelity Bank brand.
Following a decade of economic expansion, 2020
was a year of unprecedented disruption as the
COVID-19 pandemic affected millions of lives and
impacted the worldwide economy. In April, the
national unemployment rate soared to a record
14.7%, reflecting efforts to contain the rising
pandemic. To support the flow of credit and
mitigate the negative impact, the Federal Reserve
responded with $2.3 trillion in loans and by year’s
end, the national unemployment rate fell by 8
percentage points to 6.7%. Spurred by a decade of
prudent regulation and capital strengthening, U.S.
banks maintained strong loan and asset quality
throughout this unsettling time. By the end of
2021, a gradual recovery of the U.S. economy is
anticipated and banking institutions that have
taken steps to strengthen productivity, increase
efficiency, and enhance risk and credit
management will be well-positioned to propel
the recovery and benefit from it.
An Exceptional Year
Amidst the many challenges of the pandemic,
Fidelity Bank has achieved record financial results
and increased an already strong capital position.
In 2020, net income increased $1.5 million or 13%
over 2019, driven by higher net interest income
and additional non-interest income, resulting in
$14.7 million in total revenue growth; the return
on average assets and return on average equity
stands at 0.87% and 9.06% respectively. Excluding
merger related expenses, net income would have
been $15.4 million.
Two Storied Banks Become One
In May of 2020, Fidelity Bank completed its
strategic acquisition of MNB Corporation and its
wholly owned subsidiary, Merchants Bank of
Bangor. The merger positions the Bank for strong
and profitable growth as it expands the Fidelity
brand in the Lehigh Valley, a growing, vibrant
market for community banking, ranked among
the Top 5 metropolitan regions in its population
size nationwide and the third-best region in the
Northeast U.S. in 2019 for economic development.
Due to both the merger and organic growth, in
2020, Fidelity Bank grew assets by $690 million, or
68%. The fair value of assets acquired from MNB
represent 45% of that increase.
The merged organization now spans four
counties, providing clients increased convenience
with access to 20 branches, all offering the full
range of consumer and business products and
services. These include a Wealth Management
Division with advanced financial planning
capabilities, advanced cash management tools to
help business clients to manage cash flow, a full
array of digital banking services, and a
7-day-a-week Customer Care Center. In addition,
with Fidelity Bank’s increased lending authority
and substantial technology investment, the
merger brings the benefits of both enhanced
scale and greater operating efficiency in the
Lehigh Valley market.
The Company's Board of Directors is proud to
welcome Merchants Bank bankers, clients and
shareholders, and also extend a warm welcome
to HelenBeth G. Vilcek and Richard M. Hotchkiss,
who have joined the Board of Directors of Fidelity
D & D Bancorp, Inc. and of Fidelity Bank.
Setting New Records
Ranked as the #1 mortgage lender in the
Lackawanna County market for the past 11 years,
Fidelity Bank has continued to maintain its
position as market leader in Northeast PA. From
residential mortgage lending and consumer
lending, to commercial and business financing,
the Company achieved strong originations across
all portfolios, realizing a year-end level of loans in
excess of $1 billion, a 52% increase over 2019.
With increased mortgage volume throughout the
year, residential mortgage loan origination
reached a total of $233.1 million, as compared to
$74.4 million in 2019. In the Lehigh Valley, the
Bank brought its mortgage expertise to the table
and doubled the number of mortgage
originators, resulting in a record year in loans for
the Lehigh Valley operation.
The record growth in the loan portfolio was
funded by a record year in deposits. As of
December 31, 2020, total year-to-date average
deposits increased by $457 million, or by
approximately 56% when compared to 2019
year-to-date average deposits. In Lackawanna
County, the Bank rose to 3rd position in deposit
market share while nearly doubling its deposit
base in Luzerne County after adding two
additional branches in that market since 2018.
The Wealth Management Division also
experienced a record year, achieving a record
level of assets under management of $587.8
million and realizing $2.5 million in revenue.
The Bank’s continued growth in loans, deposits,
and non-interest income reflects the Fidelity
Bankers’ ongoing commitment to building
relationships and partnering with clients to
achieve financial success.
Responding to the COVID Crisis
To safeguard the health, safety and well-being
of bankers, clients and the community, and to
ensure business continuity, in March 2020, the
Company activated its pandemic contingency
response plan and provided clients easy-to-use
digital banking options, reducing the need for
in-person banking.
As the pandemic took its toll on consumers,
businesses and workers, the government
responded with aggressive fiscal and monetary
policies. Through the Small Business
Administration CARES Act, the Bank funded 1,551
Paycheck Protection Program (PPP) loans for over
$159 million, providing critical support to small
businesses and earning Fidelity Bank recognition
as one of the top PPP lenders. As a result, the
Fidelity Bankers were able to help businesses
keep over 36,000 workers employed.
Fidelity Bank’s loan forbearance programs
provided short-term relief. By year’s end, a total of
1,429 borrowers located within the communities
the Bank serves had been granted hardship relief
payment deferrals.
For Fidelity Bankers, the COVID crisis created an
opportunity to demonstrate their deep
commitment to clients, and to help businesses,
individuals and communities in the Bank’s market
areas through an unparalleled time.
A Clear Focus on the Client Experience
Guided by the Bank’s strategic focus on
building strong, lasting client relationships,
the Fidelity Bankers have continued to execute
on a strategic plan centered on meeting clients’
financial needs and on delivering client
experiences that are second to none.
This is what enables Fidelity Bank to achieve
strong financial performance. It is the result of
continuous improvement supported by the
Board of Directors’ commitment to professional
development, creating a team of Trusted
Financial Advisors.
To support exceptional client experiences, Fidelity
Bankers are given the training and resources they
need to cultivate deeper and broader
relationships with their clients and to build solid
partnerships for financial success. Fidelity Bankers
are further empowered to deliver the best
possible experience to the client, resulting in
increased client loyalty. Recognizing and
appreciating the high level of commitment
Fidelity Bankers bring to each and every
relationship, the readers of the Scranton Times
once again voted Fidelity Bank “Best Bank” in the
marketplace for the fourth year in a row and for
seven out of the last eight years.
Creating Sustainable Shareholder Value
The Bank's strategic approach to delivering value
to clients through a successful relationship
management strategy creates long-term
shareholder value and more diversified and
stable revenue streams. Because of a strong
appreciation of stock price, the Bank has been
ranked among the top 3 in shareholder return in
the last five years. This has resulted in an
increased dividend payment for the last six years
in a row, with a total dividend for 2020 of $1.14
per share, as compared to $1.06 per share in
2019, a 7.5% increase.
3
schools and children’s educational programs.
Throughout the year, over $1.3 million in
donations and sponsorships were awarded to
community groups and local non-profits
through Fidelity Bank and the Fidelity D & D
Charitable Foundation. In addition, Fidelity
Bankers are provided with volunteer time off
to support the community causes that matter
most to them. Continuing its commitment to
be a good corporate partner within its market
areas by giving back its time, talent, and
treasure, Fidelity Bank provided nearly 1,400
hours of volunteer time to non-profit
organizations, helping these groups bring
relief to communities at a critical time.
Looking to the Future
The Fidelity D & D Bancorp, Inc, and Fidelity
Bank's Board of Directors also welcomes
directors William J. Joyce and Alan Silverman.
The Board, along with Management,
understands the opportunities and challenges
ahead and has positioned the Company to
navigate effectively through the current global
and regional economic climate. The Bank’s
balance sheet remains very healthy, capital
levels are well above regulatory levels, and
the Fidelity Bank “Brand” stands tall within
the marketplace.
In the Lehigh Valley, Fidelity Bank has launched
a powerful sales and marketing plan that
capitalizes on the many opportunities to build
strong relationships with clients, prospects, and
the community. The branding campaign launched
in both the Northeast and the Lehigh Valley,
inviting clients to “Experience the Exceptional,”
is based around the Bank’s continued accolades.
The events of this turbulent year have
redefined new ways of working and doing
business, triggering a powerful demand for
expanded digital access. To satisfy this
increased demand, the Company continues to
invest in secure information technology
systems, fully leveraging technology in order
to facilitate client interaction and deepen
connections with clients.
The Fidelity Bankers will continue to execute
on the strategic plan that provides trusted
financial advice to consumers and businesses.
These strong and lasting relationships help
create stable and diverse revenue streams
through the delivery of appropriate products
and services.
Always Fidelity
Faithful to the knowledge that our commitment
to clients is the foundation of Fidelity Bank’s
success, the Company’s 300 Fidelity Bankers will
continue to build strong relationships and to
deliver exceptional client experiences. The Bank
will remain passionate about achieving success
for bankers and clients, and will be fully
committed to delivering value to shareholders,
while remaining invested in the sustainability
of the communities it serves.
As the Company continues to progress and
evolve, the principles that have guided Fidelity
Bank’s growth and created the foundation for
strong financial performance will continue to
shape its future.
Sincerely,
Brian J. Cali,
Chairman of the Board
Daniel J. Santaniello,
President and Chief Executive Officer
The Bank’s consistent financial performance
continues to achieve national industry
recognition. For seven consecutive years,
American Banker Magazine has identified
Fidelity Bank as one of the Top 200 Community
Banks in the country and the 79th most
profitable public community bank in the
nation, based on a three-year return on
average equity. The national rating agency,
Bauer Financial, has once again rated Fidelity
Bank as a 5 Star "Superior" banking
institution as well.
Committed to our Communities
As a community bank, Fidelity Bank’s mission
is to be a good corporate partner, working to
strengthen local economies while investing to
build a better future. This past year, as COVID’s
economic impact was felt across the nation,
Fidelity Bankers rose to the challenge,
supporting those in need within Northeastern
Pennsylvania and the Lehigh Valley.
To help alleviate hunger, donations were
provided to community partners, including
non-profit groups such as Friends of the Poor,
The Weinberg Northeast Regional Food Bank,
and the Electric City Connection. The Bank also
participated in economic development
initiatives to help struggling people and
businesses, and continued to contribute to
BOARD OF
DIRECTORS
BRIAN J. CALI, CHAIRMAN
MICHAEL J. MCDONALD, VICE CHAIRMAN
DANIEL J. SANTANIELLO, PRESIDENT AND CHIEF EXECUTIVE OFFICER
JOHN T. COGNETTI, SECRETARY
RICHARD M. HOTCHKISS
WILLIAM J. JOYCE
RICHARD J. LETTIERI
MARY E. MCDONALD, ASSISTANT SECRETARY
KRISTIN D. O’DONNELL
ALAN SILVERMAN
HELENBETH GAROFALO VILCEK
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
FINANCIAL HIGHLIGHTS
5
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
STRENGTHENING
Our RELATIONSHIPS
There are moments when a storm surges
around us. If you are prepared, it unlocks
your true strength.
2020 was an extraordinary
year – one that put all of us to
the test. In March, as the health
and economic consequences of
the COVID-19 pandemic became
increasingly clear, Fidelity Bank
began proactive initiatives to
safeguard the health, safety and
well-being of bankers, clients and
the community. To ensure
business continuity, a pandemic
contingency response was
implemented, including the
following measures:
• Installing proper social distancing
signs and markers, to include
safety barriers for both bankers
and clients, encouraging proper
separation as recommended
by the CDC.
• Expanding use of online, mobile,
digital account opening, telephone
banking, night drop and ATMs to
meet clients’ banking needs.
• Adding resources to the Customer
Care Center to manage increased
call and chat volume.
• Activating telecommunications
capabilities to enable Fidelity
Bankers to work-from-home while
conducting meetings virtually.
• Providing Fidelity Bankers personal
protective equipment and
disinfectant supplies when
working on-site.
• Scheduling in-person meetings
by appointment only, observing
the guidelines of social distancing
and personal safety as
recommended by health and
safety officials.
• Enhancing EPA approved
cleaning and disinfecting
protocols implemented at all
locations, including utilizing
ionization machines when required.
• Increasing the fresh air intake
and using anti-viral filters in all HVAC
units, above OSHA regulations.
6
In addition to these measures,
procedures were implemented
allowing 40% of bankers to work
from home; front line branch
staff were rewarded with “Hero”
pay; and throughout the
pandemic, no Fidelity Banker
was furloughed or missed a
paycheck. These measures
allowed Fidelity Bankers to meet
client needs safely, while
continuing to offer exceptional
client experiences.
As the storm surged, Fidelity
Bankers stayed fully attuned to
the financial needs of consumer
and business clients, providing
them with solutions based upon
their needs. Their commitment
to building strong and lasting
relationships with clients is
Fidelity Bank’s true strength,
guiding the way forward as
Fidelity Bankers continue to
create financial success for all
stakeholders.
In the midst of the crisis, the
readers of the Scranton Times
voted Fidelity Bank “Best Bank”
in the marketplace for the fourth
year in a row and for the
seventh time since 2013. Once
again, the community
recognized and appreciated the
high level of commitment
Fidelity Bankers bring to each
and every client relationship.
40% of bankers
worked from
home, front line
branch staff
were rewarded
with “Hero” pay,
and no Fidelity
Banker was
furloughed or
missed a
paycheck.
7
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
STANDING BY
Our CLIENTS
Once you’ve set the goal,
teamwork is the way forward.
Dr. Joseph Dreier, Dr. Raymond Joseph, Dr. Jeanne Dreier,
Renal Consultants of Wyoming Valley
For many business owners,
the financial consequences of
the pandemic proved particularly
harsh. Throughout the crisis,
Fidelity Bank stood by clients,
providing critical financial sup-
port through the Small Business
Administration CARES Act. As a
result of this relief effort,
businesses located within the
Bank’s footprint were able to
keep over 36,000 workers em-
ployed, helping to stabilize the
local economy.
The Bank’s rapid launch of a digital
Paycheck Protection Program
(PPP) portal that allowed quick
access to funding was considered
a lifesaver by many businesses. Tim
McNair is the CFO of BRD Noise
and Vibration Control, a company
specializing in precision-made
HVAC acoustic design solutions,
located in Wind Gap, PA. McNair
recalls the confusion surrounding
the national PPP program
launch: “The first week was chaos.
Orders had stopped and
businesses were scrambling,
trying to access PPP funding.”
According to McNair, Fidelity
Bank’s ability to provide an
Tim McNair, CFO
BRD Noise and Vibration Control, Inc.
easy-to-use portal and quick
access to funding was a huge
confidence builder. “What they
did with their PPP portal was
remarkable. I was able to file in
five minutes and was approved
in a couple of days.” When it comes
to digital technology and client
responsiveness, McNair says that
Fidelity Bank is “worlds ahead” of
other banks. “Our experience with
Fidelity was outstanding. They are
nimble. They value our business.
And they were there when we
needed them.”
Founded in 1972, Renal Consultants
of Wyoming Valley is the largest
private nephrology practice in
Northeast PA. Since transitioning
from another bank several years
ago, the practice has enjoyed an
excellent relationship with Fidelity
Bank and uses a variety of the
Bank’s business services, including
a line of credit, online bill-pay and
cash flow management. They also
used Fidelity to finance a recent
property purchase. “They made
the financing process very easy,”
says Dr. Raymond Joseph, a
principal, “their business banking
services are wonderful.”
When the COVID crisis hit in
March, Dr. Joseph recalls the
uncertainty of not knowing how
the crisis would impact the
practice and its staff, or what
the practice qualified for as the
PPP program was introduced.
“It was a relief to have a
knowledgeable person who
could give us clear answers,”
says Dr. Joseph. “We care for a
very vulnerable group of patients.
Fidelity Bank’s assistance with
the PPP process allowed us to
keep our focus on our patients
at a very critical time.”
Standing by clients and helping
them to succeed—in good times
and in bad—is the cornerstone
of Fidelity Bank’s success. In a
time of great need, Fidelity
Bankers came through to help
their clients protect their
investment, safeguarding local
jobs and keep the local
economy moving forward.
9
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
GROWING
Our OPPORTUNITIES
A clear vision lights the way
to success.
As Fidelity Bank
navigated the challenges posed
by the pandemic, it continued to
move forward with a strategic
plan that would create significant
growth opportunities and deliver
value to clients, shareholders
and the local communities.
The merged organization is $1.7
billion in assets, spans four
counties, and provides clients
access to 20 branches, all offering
the full range of benefits provided
by the Fidelity Bank brand.
the Bank’s financial performance.
For the seventh consecutive
year, the American Bankers
Association has identified
Fidelity Bank as one of the
“Top 200 Community Banks in
the Country” for achieving a
three-year return on average
equity (ROAE) of 10.78%, which
ranked Fidelity Bank as the 79th
most profitable public community
bank in the nation in 2019 (from
over 500 publicly traded
community banks with assets
less than $2 billion). Bauer
Financial, an independent rating
company that analyzes and
reports on the performance of
U.S. banks and credit unions,
once again rated Fidelity Bank
as a 5 Star “Superior” banking
institution.
The Bank’s strategic approach
of delivering value to clients
through successful relationship
management has continued to
create strong financial results
and long-term shareholder
value. According to Fidelity
Chairman Brian J. Cali, in the last
four years, shares of stock in
Fidelity Bank have more than
doubled, in addition, from 2015
to 2020, Fidelity Bank has
ranked among the top three in
the nation of all publicly traded
banks in five-year total return to
shareholders.
The banking industry’s most
respected independent reporting
agencies continue to recognize
These accomplishments are a
direct result of a relationship-
based culture in which Fidelity
Bankers are fully invested in the
On May 1st, Fidelity Bank closed
on the acquisition of MNB
Corporation and its wholly
owned subsidiary, Merchants
Bank of Bangor, unifying two
storied community banks and
extending the Fidelity Bank
footprint into the Lehigh Valley.
Ranked for a fourth consecutive
year among the Top 5 metropolitan
regions nationwide with a
population size between
200,000 and 1 million, and the
third-best region in the Northeast
for economic development,
Lehigh Valley is a vibrant community
banking market that presents
new opportunities for continued
profitable growth.
10
success of their clients and their
communities, and work actively
to sustain an environment that
promotes ongoing success
through relationships, integrity,
innovation, passion, and
commitment. Fidelity Bank, in
turn, is fully invested in the
success of its bankers, providing
them with the training and
knowledge required for them
to fulfill their role as trusted
advisors who can deliver
customized solutions to
financial issues.
Brian J. Cali | Chairman of the Board | Fidelity Bank
“On December 31, 2020,
the size of this institution
is $1.7 billion dollars—an
unbelievable accomplishment
in a very difficult year.”
Lehigh Valley Corporate Center
Crestwood Education Foundation
KEEPING
Our COMMUNITIES
STRONG.
We are on this journey together.
Beginning in March
2020, COVID-19’s economic
impact reverberated throughout
the communities Fidelity Bank
serves. As work hours were
reduced and jobs were lost,
many families – especially
children and senior citizens – faced
food and housing insecurity, and
area non-profits struggled to keep
up with the growing challenge.
struggling people and
businesses. To assist those with
emergency food hardships,
Fidelity Bank and its Board of
Directors made a gift to Friends
of the Poor in honor of David L.
Tressler. Additional donations
were made to other groups
dedicated to alleviating hunger
in our communities, including
the Weinberg Northeast Regional
Food Bank and the Electric City
Connection. The Bank also
provided support to organizations
that work to make our communities
safer, better places to live, such
as the Wright Township’s Volunteer
Fireman’s Association that was
awarded a $15,000 Impact
Grant, finalizing the grand opening
of the Bank’s Mountain Top branch.
Altogether, over $1.3 million in
donations and sponsorships
were awarded throughout the
year to community groups and
local non-profits through Fidelity
Bank and the Fidelity D & D
Charitable Foundation. In addition
to these donations, Fidelity Bank
provided nearly 1,400 hours of
volunteer time to non-profit
organizations, continuing its
commitment to be a good
corporate partner within its
market areas.
Throughout this critical time,
Fidelity Bank worked with its
community partners to support
crisis relief efforts, providing
donations and participating in
many economic development
initiatives focused on helping
12
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
“Fidelity is the first place I think of when I
need help. They’ve been amazing. They’ve
helped us to go above and beyond and to
be successful in so many ways.”
ANITA JO PAUKOVITS
EXECUTIVE DIRECTOR & PRESIDENT
CHILDREN’S HOME OF EASTON
Fidelity Bank is deeply committed
to the communities in both
Northeastern Pennsylvania and
the Lehigh Valley. In the midst of
an unprecedented crisis, Fidelity
Bankers demonstrated that
commitment, reaching out to
help those most affected by the
pandemic. In 2021, all 300 Fidelity
Bankers will continue to address
the needs of our communities
and to support the organizations
that can make the greatest
impact. By working together
with community organizations,
Fidelity Bank can continue to
make a difference.
Making a Difference
in Children’s Lives
The Children’s Home of Easton is a local
non-profit agency that provides a caring
environment for vulnerable youth and
adolescents in need. The Home’s Health and
Wellness Program teaches about healthy life
choices and healthy lifestyles, and even includes
a beekeeper’s project. “The children love it,”
says Executive Director and President, Anita Jo
Paukovits. “It’s something they’ve never
experienced before and one that teaches them
about environmental sciences, health and
wellness, and this is only possible from the
support we’ve received from Fidelity.”
FINDING A FOREVER FAMILY
Pictured with Tom, Courtney, Janelle and Elijah Gilmour
is Diane, and Executive Director, Anita Jo at The Children’s
Home of Easton
The Beekeeper’s Project at The Children’s Home of Easton
13
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
Best Wishes for Your
Retirement
business, and laying the
foundation for its current
governance and organizational
structure. As the Bank
transitioned its leadership,
Mr. Dempsey’s willingness to
provide critical guidance will
always be deeply appreciated.
After 35 years of outstanding
service to Fidelity Bank and
Fidelity D & D Bancorp, Inc.,
Patrick ("Pat") J. Dempsey,
Chairman Emeritus, has retired as
Director, effective May 5, 2020.
Mr. Dempsey joined Fidelity
Bank’s Board of Directors in
1985 and was named Chairman
of the Board in 2004, serving for
14 years in that capacity. In 1999,
he became a member of the
Fidelity D & D Bancorp, Inc.
Board, serving as Interim Chief
Executive Officer and Interim
President from September 1,
2009 to December 2, 2010.
As a Director and Chairman,
Mr. Dempsey played an
invaluable role in the success of
the Company, bringing with him
a depth of knowledge of what it
takes to lead and guide a
The entire Fidelity organization is
grateful for his countless
contributions, his sound wisdom,
and for everything he helped us
accomplish during 35 years of
committed service.
Thank you, Mr. Dempsey, for your
steadfast vision that helped us set
a steady path to growth. Thank
you for your enthusiasm that
energized us to pursue the boundless
opportunities ahead. Most of all,
thank you for your unwavering
belief that for the Fidelity Bankers
“the sky’s the limit.”
15
1936-2020
Honoring
DAVID L. TRESSLER, SR.
FIDELITY BANK AND ITS BOARD OF DIRECTORS HONOR THE MEMORY OF
DAVID L. TRESSLER. As a member of Fidelity Bank’s Board of Directors,
Mr. Tressler brought remarkable wisdom, business acumen and expertise gleaned
during his storied career in banking.
A former bank CEO, Mr. Tressler had a deep understanding of the banking industry
and its challenges and opportunities, and he generously shared the knowledge
gleaned during his many years in banking with the management team and was very
supportive of the team at all times.
Throughout Northeast Pennsylvania, Mr. Tressler will be remembered as an outstanding
civic leader who enthusiastically and tirelessly gave back to his community, serving
on dozens of boards for local non-profits and other organizations. His kindness and
generosity will always be an inspiration to us all, and his knowledge and wise counsel
will continue to guide Fidelity Bank’s vision in the years ahead.
STANDING STRONG | F I D E L I T Y D & D B A N C O R P , I N C . | 2 0 2 0 A N N U A L R E P O R T
Products & Services
Consumer Deposit Products
• Start Fresh Checking
• First Step Checking
• Reliance Checking
• Relationship Checking
• Performance Checking
• Platinum Checking
• Money Market Deposit Accounts
• Optimum Choice Savings
• Statement Savings
• Green Team Savings
• Scholar Savings
• IRA Certificates of Deposit
(Fixed & Variable Rate)
• IRA Optimum Savings
• Certificates of Deposit
• CDARS/ICS Programs
• Christmas & All Purpose Clubs
Consumer Loan Products
• Home Equity Loans & Lines of Credit
• Mortgage Loans
• Construction Mortgages
• FHA Mortgages
• Auto Loans
• Personal Loans
• Secured Loans
• Preferred Credits
Card Services
• Visa® Consumer Debit Card
• Visa® Business Debit Card
• Visa® Credit Card
• Visa® Business Line of Credit Cards
• American Express® Credit Card
• Card Valet
• Digital Wallet
• MasterCard® Business LOC Debit Card
• MasterCard® Gift Cards & General Purpose
Reloadable Cards
• MasterCard® HELOC Debit Card
• Prepaid & Payroll Cards
Digital Services
• Mobile Banking
• Mobile Deposit
• Online Banking
• Web Bill Pay
• Electronic Statement Delivery
• Email Alerts & Text Alerts
• Secure Mail
• Online Account Opening
• Buzz Points Rewards
• Telephone Link
Business Deposit Products and Services
• Business Checking
• Basic Business Checking
• Business Relationship Interest Checking
• Business Analysis Checking
• Community First Non-Profit Checking
• Community First Checking
• Estate Checking
• IOLTA Checking
• Fidelity Muni-Choice Checking
• CDARS/ICS Programs
• Savings Accounts
• Certificates of Deposit
• Money Market Deposit Accounts
• Fidelity Bank at Work Program
Business Loan Products
• Commercial Loans
• Equipment Loans
• Lines of Credit
• Municipal Loans
• Community Development Loans
• Commercial/Equipment Leasing
• Commercial Mortgages
• Letters of Credit
• Indirect Lending Program
Special Business Loan Programs
• SBA Loan Programs
• PEDFA Loans
• FHLB – BOB Program
• USDA Loan Programs
• Scranton Industrial Development
Company Loan Program
• Tax Incremental Financing Programs
• Pennsylvania Industrial
Development Authority
Business Services Cash Management
• Business Online Banking
• Fidelity Mobile Banking for Business
• Mobile Deposit for Business
• Direct Deposit Services
• Merchant Services Credit Card Processing
• Electronic Funds Receivables & Payables
• Positive Pay Fraud Detection
• Remote Deposit Capture
• Lock Box
• Cash Position Reporting
• Zero Balance Accounting (ZBA)
• eGiving (electronic donation/tithing)
• Wire Transfer Services
• Business Sweeps
• Business Bill Pay
• Sweep Line of Credit
Investment Services*
• Retirement Planning
• College Planning
• Estate Planning
• Exchange Traded Funds (ETF’s)
• Life Insurance
• Fixed and Variable Annuities
• Unit Investment Trusts
• Mutual Funds
• Stocks
• Bonds
• Long Term Care Insurance
• 401(k) Plans (Including Solo 401(k) Plans)
• Profit Sharing Plans
• 403(b) Plans
• SEP-IRA Plans
• SIMPLE IRA Plans
*Not FDIC insured. No Bank Guarantee.
May Lose Value.
Trust Services
• Personal Trust
• Charitable Trusts
• Special Needs Trusts
• Revocable & Irrevocable Trusts
• Testamentary Trusts
• Estate Settlement & Services
• Endowments
• Guardianships
• Corporate Trust
• Bond Trustee
• Paying Agent
• Institutional Money Management
Additional Bank Services
• Acceptance of Dunmore Taxes
• Acceptance of Scranton/Lackawanna Taxes
• Money Orders & Cashier Checks
• Safe Deposit Box Services
• Acceptance of Lackawanna River
Basin Sewer Authority Payments
• Acceptance of Lower Mount Bethel Sanitation
Authority Payments
• Acceptance of Pen Argyl Borough
Sewer Authority Payments
• Acceptance of Portland Borough
Sewer & Water Authority Payments
• Acceptance of Roseto Borough
Sewer Authority Payments
Branch &
ATM Locations
ATM Only Locations
• Antonio’s Pizza
45 Luzerne St.
West Pittston, PA 18643
• Ayers Country Market
1811 Red Barn Village Rd.
Clarks Summit, PA 18411
• Cigna Healthcare
53 Glenmaura National Blvd.
Moosic, PA 18507
• Dallas Shopping Center
32 Dallas Shopping Center
Dallas, PA 18612
• Electric City Pizza
203 N. Washington Ave.
Scranton, PA 18503
• Gino Merli Veterans’ Center
401 Penn Ave.
Scranton, PA 18503
• Hilton Scranton & Conference Center
100 Adams Ave.
Scranton, PA 18503
• Joe’s Beerman
1561 Main St.
Peckville, PA 18452
• Market Street Bar & Grille
223 West Market St.
Scranton, PA 18508
• Mountain Plaza
307 Moosic St.
Scranton, PA 18503
• Riverfront Sports
3 West Olive St.
Scranton, PA 18508
• Scranton Cultural Center
420 North Washington Ave.
Scranton, PA 18503
• The Shoppes at Montage
1035 Shoppes Blvd.
Moosic, PA 18507
• Thirst T’s
12 Lincoln St.
Olyphant, PA 18447
• TJ Maxx
4000 Oldfield Rd.
Pittston, PA 18640
• Wilkes-Barre/Scranton
International Airport
100 Terminal Rd.
Avoca, PA 18641
• Zummo’s Café
916 Marion St.
Scranton, PA 18509
• Marywood University
Nazareth Hall
McGowen Center & Learning Commons
Dunmore, PA 18509
Branch and ATM Locations
Fidelity Bank has partnered with MoneyPass,
a network of over 37,000 nationwide ATM’s
NEPA Locations
• Abington Office
1311 Morgan Hwy.
Clarks Summit, PA 18411
570-586-3212
• Back Mountain Office
2363 Memorial Hwy.
Dallas, PA 18612
570-675-3332
External ATM at Dallas Shopping Center
• Dunmore Office
101 N. Blakely St.
Dunmore, PA 18512
570-342-8281
• Green Ridge Office
111 Green Ridge St.
Scranton, PA 18509
570-342-5532
• Keystone Industrial Park Office
1232 Keystone Industrial Park Rd.
Dunmore, PA 18512
570-348-4003
• Kingston Office
247 Wyoming Ave.
Kingston, PA 18704
570-338-0119
• Moosic Office
4010 Birney Ave.
Moosic, PA 18507
570-504-0789
• Mountain Top Office
1 South Mountain Blvd.
Mountain Top, PA 18707
570-403-2297
• Peckville Office
1598 Main St.
Peckville, PA 18452
570-483-3300
• Scranton Financial Center
338 North Washington Ave.
Scranton, PA 18503
570-504-8001
• Pittston Office
225 Kennedy Blvd.
Pittston, PA 18640
570-908-0103
• West Scranton Office
400 South Main Ave.
Scranton, PA 18504
570-504-8180
Lehigh Valley Locations
• Bangor Office
303 Pennsylvania Ave.
Bangor, PA 18013
610-588-0983
(ATM in the parking lot*)
• Bethlehem Office
2 West Broad St.
Bethlehem, PA 18018
484-241-4464
• Easton Office
46 Ctr Square
Easton, PA 18042
610-253-5117
• Lehigh Valley Corporate Center in Forks
1250 Braden Blvd.
Easton, PA 18040
484-548-6095
• Martins Creek Office
6626 Main St.
Martins Creek, PA 18063
610-258-3007
• Mount Bethel Office
2118 Delaware Dr.
Mount Bethel, PA 18343
570-897-7650
(ATM in the parking lot*)
• Nazareth Office
44 S Broad St.
Nazareth, PA 18064
610-746-5140
• Wind Gap
45 N Broadway
Wind Gap, PA 18091
610-863-0981
Wealth
Management
Personal & Corporate Trust,
Estate Administration & Investment
Services
101 N. Blakely St.
Dunmore, PA 18512
570-504-2260
Nicholas Parise
SVP & Director of Wealth Management
570-558-0612
Theresa M. Hinton, Esq., CTFA
VP & Sr. Trust Officer
570-504-2260
Lawrence J. Crimi
VP & Trust Investment Relationship Manager
570-504-8011
Diane Carney, CCTS
AVP & Corporate Trust Officer
570-504-2245
Lori A. Barrett, Esq.
AVP & Trust Officer
570-504-2242
William J. Fennie, III, CFA
AVP & Trust Investment Officer
570-504-2242
Mark Strunk
AVP & Relationship Manager & Wealth Advisor
484-548-6085
James Aten
Relationship Manager & Wealth Advisor
717-371-7188
Michele Santaniello
Banking Advisor
570-504-2211
Fidelity Bank Wealth
Management Office
252 Sunbury St.
Minersville, PA 17954
570-504-2250
James T. O’Brien
VP & Trust Officer
570-504-2250
Fidelity Asset
Management
Services at
Fidelity Bank
Full Brokerage &
Insurance Services
101 N. Blakely St.
Dunmore, PA 18512
570-504-2206
William P. McAndrew, AIF®
SVP & Wealth Advisor
570-504-2207
Thomas G. Regenski, AIF®
AVP & Wealth Advisor
570-504-2204
Amanda Vinciguerra
Wealth Management Administrative Assistant
Business Banking
Timothy O’Brien
Sr. EVP & Chief Lending Officer
570-504-2230
Michael J. Pacyna
EVP & Chief Business Development Officer
570-504-8005
Customer Care Center
800-388-4380
* Dispense only locations
This Annual Report may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to
various factors. These factors include the possibility that increased demand or prices for the Company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological
developments and other risks and uncertainties, including those detailed in the Company’s filings with the Securities and Exchange Commission.
18
Investor Relations
Fidelity D & D Bancorp, Inc.
101 N. Blakely Street
Dunmore, PA 18512
(570) 342-8281
We are a public company whose stock is traded on The Nasdaq Global Market, under the symbol FDBC.
Transfer Agent and Registrar
Shareholders’ Services Provided
• Stock transfer
• Dividend reinvestment plan
• Direct deposit of dividends
• Duplicate mailing notification
Computershare Trust Company, N.A.
P.O. Box 30170
College Station, TX 77842-3170
(877) 282-1168
www.computershare.com
Shareholder/Investor Inquiries
Requests for information or assistance regarding Fidelity D & D Bancorp, Inc. should be directed to John Pash, Investor Relations Officer,
at (570) 504-8007 or john.pash@fddbank.com.
Market Makers
The following firms are believed to presently make a market in Fidelity D & D Bancorp, Inc. stock on The Nasdaq Global Market,
under the symbol FDBC.
Boenning & Scattergood, Inc.
4 Tower Bridge
200 Barr Harbor Dr., No. 300
W. Conshohocken, PA 19428-2979
(610) 832-1212
G1 Execution Services, LLC
175 W. Jackson Blvd., Ste. 1700
Chicago, IL 60604
(312) 362-0404
Keefe, Bruyette & Woods, Inc.
787 7th Ave., 4th & 5th Flrs.
New York, NY 10019
(212) 887-7777
SG Americas Securities, LLC
245 Park Avenue
New York, NY 10167
(212) 278-6000
Bofa Securities, Inc.
One Bryant Park
New York, NY 10036 USA
(646) 743-2734
Goldman Sachs & Co., LLC
200 West St.
New York, NY 10282-2198
(212) 902-1000
Maxim Group, LLC
405 Lexington Avenue
New York, NY 10174
(212) 895-3500
Citadel Securities, LLC
131 South Dearborn St., 32nd Fl.
Chicago, IL 60603
(312) 395-2100
GTS Securities, LLC
545 Madison Avenue, 15th Floor
New York, NY 10022
(212) 715-2830
Virtu Americas, LLC
300 Vesey St.
New York, NY 10282
(646) 682-6000
Cowen and Company, LLC
599 Lexington Ave., 20th Fl.
New York, NY 10022
(646) 562-1010
Hovde Group, LLC
1629 Colonial Parkway
Inverness, IL 60067
(847) 991-6622
Raymond James &
Associates, Inc.
880 Carillon Parkway
St. Petersburg, FL 33716
(727) 567-1000
Susquehanna Securities
401 City Ave., Ste. 220
Bala Cynwyd, PA 19004-1122
(610) 617-2600
Stifel, Nicolaus & Company, Inc.
501 North Broadway
St. Louis, MO 63102
(314) 342-2000
UBS Securities, LLC
1285 Avenue of the Americas
New York, NY 10019
(203) 719-3000
D.A. Davidson & Co.
8 Third Street North
Great Falls, MT 59401-3104
(406) 727-4200
IMC Financial Markets
233 South Wacker Drive #4300
Chicago, IL 60606
(312) 244-3300
Two Sigma Securities, LLC
101 Avenue of the Americas, 19th Fl.
New York, NY 10013
(212) 625-5700
Latour Trading, LLC
377 Broadway, 10th Fl.
New York, NY 10013
(917) 388-8000
800 388 4380 | bankatfidelity.com