Fidelity Bankshares Says Branches Gradually Reopening in Wake of Hurricane Wilma
26 Outubro 2005 - 8:28PM
PR Newswire (US)
WEST PALM BEACH, Fla., Oct. 26 /PRNewswire-FirstCall/ -- Fidelity
Bankshares, Inc. (NASDAQ:FFFL), the holding company for Fidelity
Federal Bank & Trust, said today that 14 of the company's 48
offices in South Florida were open and operating as of the end of
the day Wednesday. Executive Vice President and Banking Operations
Manager Robert Fugate, who is responsible for the bank's branch
operations, said, "Fortunately, there was no significant damage to
our infrastructure. We are opening our branches as fast as power
can be restored. The destructiveness of Hurricane Wilma in our
market area was extensive. We know this is a difficult time for our
customers and we are doing everything we can to help them. We will
keep everyone posted on our progress as we move to fully restore
our operations and services." An investment profile on Fidelity
Bankshares may be found on
http://www.hawkassociates.com/fffl/profile.htm . At Sept. 30, 2005,
Fidelity Bankshares, Inc., through its subsidiary Fidelity Federal
Bank & Trust, had assets of $3.94 billion and deposits of $3.32
billion and operates in Florida through 48 offices in Palm Beach,
Martin and St. Lucie counties. 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) 451-1888, e-mail: .
Information about Fidelity Bankshares, Inc. can be found on
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
http://www.hawkassociates.com/ . Forward-Looking Statements: When
used in this report, the words or phrases "will likely result,"
"are expected to," "will continue," "is anticipated," "estimate,"
"project" or similar expressions are intended to identify
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements are
subject to certain risks and uncertainties, including, among other
things, changes in economic conditions in the company's market
area, changes in policies by regulatory agencies, fluctuations in
interest rates, demand for loans in the company's market area and
competition that could cause actual results to differ materially
from historical earnings and those presently anticipated or
projected. The company wishes to caution readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company wishes to advise readers that the
factors listed above could affect the company's financial
performance and could cause the company's actual results for future
periods to differ materially from any opinions or statements
expressed with respect to future periods in any current statements.
DATASOURCE: Fidelity Bankshares, Inc. CONTACT: Vince A. Elhilow,
Chairman and CEO, or Richard D. Aldred, Chief Financial Officer,
both of Fidelity Bankshares, Inc., +1-561-803-9900, or Frank
Hawkins or Julie Marshall of Hawk Associates, Inc.,
+1-305-451-1888, Web site: http://www.fidelityfederal.com/
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