Fidelity Bankshares Opens 51st Branch at New Fidelity Federal Center in Downtown Fort Lauderdale

Search Blogs that Mention this News Release

Click this link to view linked Bookmarking Services

Click this link to view linked Blogging Services

Fidelity Bankshares Opens 51st Branch at New Fidelity Federal Center in Downtown Fort Lauderdale

    WEST PALM BEACH, Fla., March 23 /PRNewswire-FirstCall/ -- Fidelity
Bankshares, Inc. (Nasdaq: FFFL), the holding company for Fidelity Federal Bank
& Trust, announced the opening of its 51st branch located in the newly named
Fidelity Federal Center building in downtown Fort Lauderdale.
    Chairman and CEO Vince Elhilow said, "This branch opening is an important
milestone in expanding our business into fast-growing Broward County. It is
located in the heart of Fort Lauderdale's financial district and demonstrates
our commitment to expanding our well-known, high-quality banking, trust and
insurance services in Broward."
    The branch includes a loan production office and a full-service banking
facility. Last month, Fidelity Federal leased more than 13,000 square feet of
space in the 21-story, Class A office building directly across from the
Federal Court House on Broward and SE 3rd. The building was renamed the
Fidelity Federal Center.

    For a photo of the Fidelity Federal Center, visit
http://hawkassociates.com/fffl/company.htm .

    At December 31, 2005, Fidelity Bankshares, Inc., through its subsidiary
Fidelity Federal Bank & Trust, had assets of $4.08 billion and deposits of
$3.54 billion. The company operates in Florida through 51 branches and two
loan production offices in Palm Beach, Martin, Broward, Indian River and St.
Lucie counties.

    An investment profile on Fidelity Bankshares may be found on
http://www.hawkassociates.com/fffl/profile.htm .

    For more information, contact Chairman and CEO Vince A. Elhilow or Chief
Financial Officer Richard D. Aldred at (561) 803-9900, or Frank Hawkins or
Julie Marshall, Hawk Associates, Inc., at (305) 451-1888, e-mail:
info@hawkassociates.com . Information about Fidelity Bankshares, Inc. can be
found on http://www.fidelityfederal.com . Fidelity Bankshares press releases,
SEC filings, current price quotes, stock charts and other valuable information
for investors may be found on http://www.hawkassociates.com .

SOURCE Fidelity Bankshares, Inc.

http://www.fidelityfederal.com

http://hawkassociates.com/fffl/company.htm

http://www.hawkassociates.com/fffl/profile.htm

http://www.hawkassociates.com
CONTACT:
Vince A. Elhilow, Chairman and CEO, or
Richard D. Aldred, Chief Financial Officer, both of Fidelity
Bankshares, +1-561-803-9900; or Frank Hawkins or Julie Marshall,
both of Hawk Associates, Inc., +1-305-451-1888, or
info@hawkassociates.com, for Fidelity Bankshares