Fidelity Bank Announces Retirement of Richard J. Lettieri

Rhea-AI Summary

Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) has announced the retirement of Richard J. Lettieri, a Board Director, effective May 3, 2022. Lettieri, who served on the board since 2012, played a vital role in the bank's strategic initiatives, including two acquisitions and the transition towards digital banking. The company's leadership expressed gratitude for his contributions. Fidelity Bank operates 22 full-service offices and offers various banking products, focusing on delivering exceptional customer service through both traditional and digital platforms.

Positive

• Richard Lettieri contributed significantly to Fidelity's success and guided the bank through two acquisitions.
• The bank is transitioning successfully towards digital banking to meet industry demands.

Negative

• None.

DUNMORE, Pa., May 06, 2022 (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) (“Fidelity”), the parent bank holding company of The Fidelity Deposit and Discount Bank (“Fidelity Bank”), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announces the retirement of Richard J. Lettieri, Director, effective May 3, 2022.

Mr. Lettieri has served as Director of the Fidelity Deposit & Discount Bank, a subsidiary of Fidelity D & D Bancorp, Inc.’s Board of Directors since 2012. Mr. Lettieri, as a retired management consultant, helped the company focus on business strategy and market development.  

“On behalf of the Board of Directors, I want to thank Rich for the input, guidance, and expertise lent to the Company over the years,” remarked Brian J. Cali, Chairman of the Board. “His efforts as a Director have helped guide the Bank toward much success, and we are grateful for the contributions he’s made both personally and professionally to Fidelity.”

“Mr. Lettieri has been integral to the success of the Bank, having been a part of not one but two acquisitions, and the Bank’s continued transition toward the digital shift happening in our industry today,” said Daniel J. Santaniello, Fidelity President & Chief Executive Officer. “I am very grateful to have had the opportunity to work alongside him.”

About Fidelity Bank

Fidelity Bank has built a strong history as trusted financial advisor to the clients served with 22 full- service offices throughout Lackawanna, Luzerne and Northampton Counties, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via online banking and mobile app, digital services, and digital account opening. Additionally, Fidelity Bank offers full-service Trust & Investment Departments, a Mortgage Center, and an array of personal and business banking products and services. The Company continues its mission of exceeding client expectations through a unique banking experience, providing 24 hour, 7 days a week service to clients through branch offices, online at www.bankatfidelity.com, and through the Customer Care Center at 800-388-4380.

Contact:
Noelle Krempasky
Assistant Vice President & Marketing Manager (570) 504.8038
noelle.krempasky@fddbank.com

FAQ

What is the retirement date of Richard J. Lettieri from Fidelity D & D Bancorp?

Richard J. Lettieri retired effective May 3, 2022.

What role did Richard J. Lettieri play at Fidelity D & D Bancorp?

He served as a Director since 2012 and was instrumental in business strategy and acquisitions.

How many offices does Fidelity Bank have?

Fidelity Bank has 22 full-service offices across Lackawanna, Luzerne, and Northampton Counties.

What services does Fidelity Bank offer?

Fidelity Bank provides personal and business banking products, digital services, and wealth management.

What is the stock symbol for Fidelity D & D Bancorp?

The stock symbol for Fidelity D & D Bancorp is FDBC.