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Fidelity Bankshares, Inc. Announces Quarterly Dividend

    WEST PALM BEACH, Fla., Sept. 17 /PRNewswire-FirstCall/ --
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 $.10 per share on the Company's common stock to
its stockholders. The dividend will be paid to stockholders of record on
September 30, 2002 and will be distributed on October 11, 2002.

    Fidelity Bankshares, Inc. operates Fidelity Federal Bank & Trust. The
Bank, based in West Palm Beach, has assets of $2.4 billion and 39 offices in
Palm Beach, Martin and St. Lucie counties.



SOURCE Fidelity Bankshares, Inc.




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  • http://www.prnewswire.com/gh/cnoc/comp/281429.html
    CONTACT:
    Vince A. Elhilow, President and Chief
    Executive Officer, or Richard D. Aldred, Chief Financial Officer,
    both of Fidelity Bankshares, Inc., +1-561-659-9900