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In 1956, the bank acquired Farmers National Bank of Bucks County and Roosevelt Bank [12] In April 1967, the bank was renamed The Fidelity Bank. In 1970, the bank's headquarters moved to 1200 East Lancaster Avenue in Rosemont, Pennsylvania. [2] From 1971 to 1978, the bank's president was Samuel H. Ballam Jr. (1919-2003), a 42-year employee of ...
The Fidelity and Deposit Company was headquartered in 1894 in the Fidelity Building, a landmark granite skyscraper at North Charles and West Lexington Streets in Baltimore. [ citation needed ] Completed in 1894, the building is a 15-story, 67 m (220 ft) skyscraper in the central business district of Baltimore. [ 3 ]
Fidelity also offers automated investing through its Fidelity Go robo-advisor. One drawback to its robo-advisor is that it charges a 0.35% annual advisory fee for balances of $25,000 and more.
A brokered CD is a certificate of deposit you buy through a brokerage firm, instead of from a bank or credit union. Like traditional CDs, you choose a term length that comes with a set interest rate.
For example, if you have $250,000 in deposits at Bank A and $250,000 in deposits at Bank B, you are covered for $500,000. You can have several accounts at one bank and be covered. A depositor’s ...
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As of 2014, the company had $3.1 billion in total assets, $265.0 million in total stockholders' equity, $2.5 billion in deposits and $2.6 billion in total loans. [ 5 ] Fidelity Bank provides an array of financial products and services for business and retail customers primarily in the metropolitan Atlanta and northern Florida markets.
Fidelity offers other investment account options as well, including a Roth IRA for kids and a Youth Account for teens age 13-17. The latter gives a teen full control over their investments before ...