March 28, 2017 5:28 AM ET

Banks

Company Overview of The Fidelity Deposit and Discount Bank

Company Overview

The Fidelity Deposit and Discount Bank provides banking products and services. It offers personal home equity loans, financial planning, online banking, green team savings accounts, certificates of deposit and IRAs, checking accounts, and savings/money market accounts; business savings and money market accounts, checking accounts, certificates of deposit, cash management, financial planning, government banking, and merchant services; and mortgage center services. The company was founded in 1902 and is headquartered in Dunmore, Pennsylvania with additional offices in Clarks Summit, Scranton, Kingston, Moosic, Peckville, West Pittston, Olyphant, Avoca, and Pittston, Pennsylvania. The Fidelity ...

101 North Blakely Street

Dunmore, PA 18512

United States

Founded in 1902

Phone:

570-348-4358

Fax:

570-342-8281

Key Executives for The Fidelity Deposit and Discount Bank

Chief Executive Officer, President and Director
Age: 50
Chief Financial Officer, Executive Vice President, Treasurer, Chief Financial Officer of Fidelity D & D Bancorp, Inc. and Treasurer of Fidelity D & D Bancorp, Inc.
Age: 46
Chief Operating Officer and Director
Age: 51
Chief Business Development Officer and Executive Vice President
Age: 50
Vice President and Marketing & Sales Director
Compensation as of Fiscal Year 2016.

The Fidelity Deposit and Discount Bank Key Developments

The Fidelity Deposit and Discount Bank Names Eugene J. Walsh Executive as Vice President to Chief Operating Officer from Chief Credit and Risk Officer

On May 3, 2016, The Board of Directors of Fidelity D & D Bancorp Inc. named Eugene J. Walsh as Vice President and Chief Operating Officer of the Company and the Board of Directors, of its wholly owned subsidiary, Fidelity Deposit and Discount Bank (the Bank) promoted Eugene J. Walsh, Executive Vice President to Chief Operating Officer from Chief Credit and Risk Officer of the Bank. Mr. Walsh, was previously Executive Vice President and Chief Risk and Credit Officer of the Bank beginning in March 2014.

Fidelity D&D Bancorp Inc. Announces Executive Changes

On March 17, 2016, Fidelity D & D Bancorp Inc. and The Fidelity Deposit and Discount Bank entered into an Employment Agreement with Salvatore R. DeFrancesco, Jr., under which Mr. DeFrancesco will serve as Executive Vice President and Chief Financial Officer of the Bank, as Treasurer and Chief Financial Officer of the Corporation and in such other capacities as the Bank or the Corporation direct. The initial terms of the Employment Agreement is three (3) years beginning on March 17, 2016. The Employment Agreement shall automatically renew for an additional one (1) year term at the end of the first year of the Employment Agreement and on each anniversary date unless notice to terminate is given by either party at least one hundred and eighty (180) days prior to the anniversary date of the Employment Agreement. If proper notice to terminate is given, the Employment Agreement shall expire three (3) years after the next anniversary date.

Fidelity D&D Bancorp, Inc. Appoints Michael J. Pacyna, Jr. as Executive Vice President and Chief Business Development Officer of Fidelity Deposit and Discount Bank

Fidelity D&D Bancorp Inc. appointed Michael J. Pacyna, Jr. to the position of executive vice president and chief business development officer of Fidelity Deposit and Discount Bank. Most recently, Pacyna was senior vice president, market manager, commercial and middle market divisions with PNC Financial Services Group Inc. In his new position he will provide oversight for Fidelity's retail division, including the branch network, customer care center, business banking and mortgage origination.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 30, 2016
Wayne Bank, West Scranton Branch Office
 

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