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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 […]
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.
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.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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.
December 18, 2023
These days, it seems like we’re always waiting for a package to be delivered—and scammers know that. Beware of Unsolicited Messages Be cautious of unexpected texts, phone calls, emails, or door tags claiming issues with your shipment. Scammers often create convincing messages, complete with legitimate logos, urging you to click a link or call a […]
December 12, 2023
In this blog, Cathy Mihalick, Esq., CTFA, Fidelity Bank’s VP and Trust Officer shares her expertise in estate and financial planning, offering insightful takeaways for the year-end review and planning process. As 2023 draws to a close … It is hard to believe we are approaching the end of calendar year 2023. At the beginning […]
November 6, 2023
If you’ve ever applied for a mortgage before, you are likely familiar with the sudden influx of messages from mortgage companies flooding your inbox, voicemail, and mailbox.
October 20, 2023
Scranton, Pennsylvania (October 16, 2023) – On October 16, 2023, Fidelity Bank unveiled its latest location in Wilkes-Barre, PA, marking the opening of its 21st branch. In line with its commitment to growing market share and brand expansion, Fidelity Bank has taken this strategic step to attract new clients in the Wilkes Barre market, while […]
