WEST PALM BEACH, Fla., Sept. 7 /PRNewswire-FirstCall/ -- Fidelity
Bankshares, Inc. (Nasdaq: FFFL) the holding company for Fidelity Federal Bank
& Trust, said today that the company was rapidly restoring service to its 43
branches in the wake of Hurricane Frances, which hit Florida over the Labor
Day weekend.
Chairman and CEO Vince Elhilow said, "I am happy to report that we
survived Hurricane Frances with serious damage at only two of our 43 branches.
We opened business today at 37 branches where electricity has been restored,
and we now expect all but the two damaged offices will be open for business
within 24 to 48 hours. We look forward to the challenge of rebuilding in our
South Florida market area including Palm Beach, Martin, St. Lucie, Indian
River and northern Broward counties."
Fidelity Bankshares, Inc., through its subsidiary Fidelity Federal Bank &
Trust, has assets of $3.40 billion and deposits of $2.68 billion and operates
in Florida through 43 offices in Palm Beach, Martin 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.fidfed.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,
+1-561-803-9900; or Frank Hawkins or Julie Marshall, both of Hawk
Associates, Inc., +1-305-852-2383, or email,
info@hawkassociates.com, for Fidelity Bankshares
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