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Fidelity Bankshares Demonstrates Resiliency by Bouncing Back From Second Hurricane in Three Weeks

    WEST PALM BEACH, Fla., Sept. 27 /PRNewswire-FirstCall/ -- Fidelity
Bankshares, Inc. (Nasdaq: FFFL), the holding company for Fidelity Federal Bank
& Trust, reported that their offices suffered only minimal damage from
Hurricane Jeanne.
    "Half of our 43 offices opened as scheduled this morning and the remainder
will open as soon as electrical power is restored," said Richard D. Aldred,
chief financial officer. "Because of the geographical dispersion of our
offices, we are fully functional and serving the needs of our customers.
Customers visiting offices which do not yet have electrical power are being
directed to nearby open offices."

    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, e-mail:
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
  • http://www.hawkassociates.com/fffl/profile.htm
    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