Fidelity Federal Bank & Trust Opens 42nd Florida Branch
WEST PALM BEACH, Fla., June 28 /PRNewswire-FirstCall/ -- Fidelity
Bankshares, Inc. (Nasdaq: FFFL), the holding company for Fidelity Federal Bank
& Trust, announced today the opening of the bank's 42nd office.
This new office is the first of nine new Fidelity Federal offices that
have been approved by the Office of Thrift Supervision, the bank's regulatory
body. The company said it currently intends to open three additional offices
in Florida this year in Boca Raton, Jupiter and Port St. Lucie and four others
in 2005.
Chairman and CEO Vince Elhilow said, "This is another forward step in our
plan for the steady growth of new branches in Southeastern Florida. This will
enable us to better serve many existing customers and to help us acquire new
ones."
Fidelity Bankshares, Inc., through its subsidiary Fidelity Federal Bank &
Trust, has assets of $3.24 billion and deposits of $2.64 billion and operates
in Florida through 42 offices in Palm Beach, Martin, Broward, Indian River and
St. Lucie counties. An investment profile on Fidelity Bankshares may be found
on the website 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) 852-2383, email:
info@hawkassociates.com. Information about Fidelity Bankshares, Inc. can be
found on the website http://www.fidelityfederal.com. Copies of Fidelity
Bankshares press releases, SEC filings, current price quotes, stock charts and
other valuable information for investors may be found on the website
http://www.hawkassociates.com.
SOURCE Fidelity Bankshares, Inc.
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Related links:
http://www.fidelityfederal.com
Company News On-Call:
http://www.prnewswire.com/comp/281429.html
CONTACT:
Vince A. Elhilow, Chairman and CEO, or
Richard D. Aldred, Chief Financial Officer, both of Fidelity
Bankshares, Inc., +1-561-803-9900; or Frank Hawkins or Julie
Marshall, both of Hawk Associates, Inc., +1-305-852-2383, or
info@hawkassociates.com, for Fidelity Bankshares, Inc.
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