2010
1903
1903May 11, 1903, Fidelity Deposit &Discount Bank opens. It is the firstbank to be located in the boroughof Dunmore. Construction of amodern banking facility at thecorner of Blakely and DrinkerStreets totals $8,100. Number offull-time employees stands at two.Mr. P.J. Horan is elected byshareholders to serve as Fidelity’sfirst President.
1922Growth requires Fidelityto double the size oftheir banking facility.
1947Fidelity acquires theold Garden Theatreto allow for furtherexpansion.
1950Fidelity acquires the former NeptuneHose Company. Coupled with the 1947land purchase, Fidelity expands boththe banking facility and parking lot.
1959Fidelity Bank opens the firstwalk-up window, becomingthe first bank in the regionto offer this unique service.
1958Well-known businessmanSamuel C.Cali joins theBoard of Fidelity.
1976Fidelity adds additional drive-thru lanes at theheadquarters branch that allow one teller to servemultiple customers.
1985Well respected local businessmanPatrick J. Dempsey joins the Board ofDirectors as Vice Chairman.
1988Michael F. Marranca is appointedPresident of Fidelity Bank.
1998Fidelity purchases the former Scranton Tribune Building andannounces plans for the state-of-the-art Fidelity Financial Center.Fidelity also acquires two new properties in Luzerne County, markingthe first time the Bank has a presence in this area.
1999Fidelity acquires propertyalong Birney Avenue andopens a new branch.2004
Steven C. Ackmann is namedPresident & Chief Executive Officerof Fidelity, succeeding acting CEOMichael Marranca upon hisretirement. Patrick J. Dempsey, amember of the Board since 1985,becomes Chairman.
2007Fidelity opens a revolutionary branch office located on GreenRidge Street in Scranton. It serves as a focal point in Fidelity’scommitment to the customer experience, replacing the traditionalbranch model for one with interactive pods, free coffee andcookies, internet station and living room-like feel.
1928Growth requiresFidelity to againdouble the sizeof the bank.
1929In response to the Stock Market collapseand federally imposed Bank Holidays,some Fidelity customers withdraw theirdeposits. Realizing the strength and stabilityof the Bank, almost all of the deposits arebrought back within 24-hours andre-deposited.
1951Fidelity opens NortheasternPennsylvania’s first drive-thrubank window.
1967Michael F. Marrancajoins Fidelity as anAssistant Cashier.
1983The Bank acquires the formerA.A. Kreis building to allow forfurther expansion along DrinkerStreet.
1994The Fidelity Board of Directorsadds six new drive-thru lanes atthe headquarters facility at acost in excess of $800,000.Banking officials say the newdrive-thru lanes show theBank’s commitment to swilyprocess customer transactions.
2008Fidelity is the first financialinstitution in the area to opena “green” branch in WestScranton. In its first year, thebranch grows to nearly $10million in new deposits andregularly plays host to dozensof community minded events.
1999Two major technological advances occur:Telephone Banking allows customers toaccess their accounts without visiting abranch. Also, the advent of the Internetbrings Online Banking to Fidelity customers.
2009With great sadness,Fidelity announces thepassing of ChairmanEmeritus Samuel C.Cali. Mr. Cali servedproudly on the Boardof Directors of Fidelityfor over 50 years.
2003Shareholders celebratethe 100th Anniversary ofFidelity Deposit & DiscountBank.
2009Fidelity consolidates its Downtown Scrantonand Financial Center offices to form the newScranton Financial Center. This renovated officeserves as an improved single point of customerservice for both personal and business banking.This bring the total number of branch offices to 11.
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1953Fidelity Board of Directorscelebrates the Bank’s 50thanniversary by announcingthree dividends, a quarterlydividend of 50 cents pershare, an anniversary dividendof 50 cents per share and a$50,000 stock dividend.
