WEST PALM BEACH, Fla., June 20 /PRNewswire/ -- Vince A. Elhilow, President
of Fidelity Bankshares, Inc. (Nasdaq: FFFL), announced today that the
Company's Board of Directors approved the payment of a quarterly cash dividend
of $.25 per share on the Company's common stock to its stockholders. The
dividend will be paid to stockholders of record on June 30, 2000, and will be
distributed on July 14, 2000.
Fidelity Bankshares, Inc. operates Fidelity Federal Bank & Trust. The
Bank, based in West Palm Beach, has assets of $1.8 billion and 34 offices in
Palm Beach, Martin, and St. Lucie counties.
SOURCE Fidelity Bankshares, Inc.
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Related links: http//: http://www.fidfed.com
Company News On-Call: http://www.prnewswire.com/comp/281429.html or fax, 800-758-5804, ext. 281429
CONTACT: Vince A. Elhilow, President and Chief Executive Officer, or Richard D. Aldred, Chief Financial Officer, both of Fidelity Bankshares, Inc., 561-659-9900
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