Fidelity Bank Supports the Samuel J. Wornom Community Shelter

Wormon Community Shelter

Fidelity Bank and OMI - check presentation We are pleased to announce that the Federal Home Loan Bank of Atlanta in collaboration with Fidelity Bank has approved $750,000 in funding to support the construction of the new Samuel J. Wornom Community Shelter. The new shelter will be located at 507 South Third Street in Sanford and will house single men, single women, women with children and families.

The new shelter will be 8,500 square feet and replace the two current men’s and women’s shelters that are 100-plus years old. A single location capable of serving 76 clients will support more efficient and effective delivery of services. The shelter will also utilize many common areas to collaborate with other S3-Housing Connect agencies to provide services to those experiencing homelessness in our community.

Federal Home Loan Bank of Atlanta is committed to helping the communities of member financial institutions grow and prosper. Each year, Federal Home Loan Bank sets aside 10 percent of its annual net income to invest back into its members’ communities through its Affordable Housing Program. These resources help members such as Fidelity Bank provide critical funding for affordable housing and needed emergency shelter projects in the communities they serve.

Fidelity Bank, a FHLB member, is committed to giving back to the communities it serves. Fidelity Bank supports causes that help people in need and works with local organizations to help make our communities stronger. Fidelity Bank will be a valued partner in making the Samuel J. Wornom Community Shelter become a reality.

The cost of the new Samuel J. Wornom Community Shelter is projected to be $2.8 Million when construction begins in mid-2023. Thus far the committed funding provided by the NC Housing Finance Agency, private donations, the Federal Home Loan Bank of Atlanta and Fidelity Bank, the Truist Foundation and the City of Sanford / Lee County total $2.8 M in construction funds and $630K in services funds.

Outreach Mission Inc. (OMI) is a faith-based 501(3)c nonprofit incorporated in 1988 to provide a hand-up to those experiencing homelessness in our community. Evolving from a night-time only shelter to a low barrier shelter that operates 24 hours per day, 365 days a year in 2018, OMI assists clients with shelter, medical and mental health treatment, life skill training, job training and recruitment, budgeting and saving, and housing search assistance. In 2022 OMI served 536 clients experiencing homelessness and assisted 86 households in returning to a stable housing situation.

Fidelity Bank is a full-service financial institution with assets of approximately $3.8 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 57 branches throughout North Carolina and Virginia, and South Carolina. For more information, please visit fidelitybanknc.com.

Fidelity Bank Donates to the North Carolina Healing Communities Fund

FUQUAY-VARINA, North Carolina (July 13, 2020) – Fidelity Bank is proud to announce its donation of $50,000 to the North Carolina Healing Communities Fund. Established by the North Carolina Community Foundation, this Fund provides critical resources for nonprofit organizations in North Carolina that have been impacted by COVID‐19. The Fund’s focus is to support communities that have been disproportionately affected by the virus and underserved by other sources of financial assistance.

“We understand that many people throughout the communities we serve are facing financial hardships. Our hope is that this donation will help bring awareness to the North Carolina Healing Communities Fund and provide assistance to those most in need,” said Fidelity Bank President and CEO, Mary Willis. “As a Community Bank, it has always been a priority for us to support our local communities. We continually seek ways to enrich the well-being of our communities and felt this was one way we could demonstrate what it means for us to be Right By You,” Willis shared.

“Nonprofits are vital to meeting needs of communities, particularly the most vulnerable ones. The Fund seeks to support these nonprofits in continuing to offer the services upon which so many rely for healthy living and well‐being,” said NCCF CEO and President, Jennifer Tolle Whiteside. “The North Carolina Community Foundation has a deep history of responding to communities in crisis. Because of our experience in disaster relief and recovery in the aftermath of hurricanes, partners and donors have called upon us to activate philanthropy to address COVID‐19’s impact on our state,” said Tolle Whiteside.

Interested philanthropic entities can make commitments or contributions to the North Carolina Healing Communities Fund by contacting Jennifer Tolle Whiteside, NCCF CEO and President, at 919‐256‐6910 or jtwhiteside@nccommunityfoundation.org or Leslie Ann Jackson, NCCF Vice President for Community Investment and Engagement, at 919‐256‐6913 or lajackson@nccommunityfoundation.org.

Fidelity Bank is a full-service financial institution with assets of approximately $2.6 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 57 branches throughout North Carolina and Virginia; and was awarded a 5-star (superior) rating by BauerFinancial.

Savings Account Comparison

Checking Account Comparison

Business Checking Comparison

Larry Allen Joins Trust Company of North Carolina, Cary, NC

FUQUAY-VARINA, North Carolina (May 10, 2019) – Fidelity Bank is pleased to announce Larry Allen has joined its Trust Company of North Carolina team as Senior Vice President and Senior Investment Strategist. In his new position, Mr. Allen will manage the investment functions for Trust Company of North Carolina and serve as the individual portfolio manager for customer relationships. His office is located at the Trust Company of North Carolina headquarters in Cary on 100 West Chatham Street.

Larry has over 25 years of experience in the investment industry. Prior to joining Trust Company of North Carolina, he worked as a Senior Investment Advisor at PNC Wealth Management. Mr. Allen graduated from Campbell University with a Bachelor’s of Business Administration in Trust and Investment Management, a Master’s Degree in Finance, and holds a Certified Financial Planner (CFP) designation. He currently resides in Raleigh.

Trust Company of North Carolina, Fidelity Bank’s trust and wealth management division, was established in February 2015. They have five associates and serve the entire Fidelity Bank Footprint.

Fidelity Bank is a full-service financial institution with assets of approximately $1.9 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 56 branches throughout North Carolina and Virginia; and was awarded a 5-star (superior) rating by BauerFinancial.

Commonly Asked Questions Concerning COVID-19 & Your Finances

Keeping you and your finances safe during these unusual times is of utmost importance to us. As the Coronavirus COVID-19 pandemic continues to evolve, we want to ensure customers that Fidelity Bank is safe, sound and open for business.

We are here to help customers during these trying times. If you are facing financial hardship due to these unprecedented circumstances, please reach out to your banker to discuss what options may be available to you. It’s all about doing things Right by You. Find your local branch here.

In the meantime, we want to set your mind at ease. Please see the following for our responses to several common questions from our customers.

Q: Can I still come in the branch if I have a need that can’t be handled using the drive-thru?

A: Absolutely! While we are encouraging the use of our drive-thru and Digital Banking tools, we understand that some customers would prefer to come in the branch or have banking needs that require an in-person conversation. If you need to visit with you banker in-person, simply call your local branch to arrange a time that is convenient for you to come by! Our team will be delighted to see you.

You can find your local branch here.

Q: Do I need to have more cash on hand than usual?

A: In this digital age, most personal and business transactions can be done electronically. Services such as Online Banking with Bill Payment, Zelle® and others make it easy to pay businesses or people without cash. However, we understand that having some additional cash on hand may make you feel more at ease. If that is the case, our associates are happy to help. If your cash withdrawal needs are what you would consider to be significantly larger than usual, you may want to call your banker first.

Keep in mind that the safest place for your money is at an FDIC insured bank.

Q: Will Fidelity Bank run out of cash?

A: Fidelity Bank is extremely well capitalized, safe and sound. Additionally, the Fed, which is essentially a bank for banks, has reduced rates which allows banks that need to borrow cash to do so with ease. Customers should rest assured that our Bank has ample cash to meet our customer’s needs.

Q: Is my money safe in the Bank?

A: Yes. Fidelity Bank is safe, sound and well capitalized. We are also FDIC insured. The FDIC insures up to $250,000 per depositor for every FDIC-insured bank. The FDIC has an Electronic Deposit Insurance Estimator (EDIE) tool to help you determine deposit insurance coverage based on your financial scenario.

Q: Does the Bank plan to close?

A: No. Since 1909, Fidelity Bank has focused on what’s important. Our customers. We’ve persevered through wars, the Great Depression, and we will continue to remain strong for our customers today. Learn more about our history here.

Q: Can COVID-19 be transmitted through cash?

A: Experts say that some viruses can survive on surfaces for varying lengths of time. However, there is still a lot to learn about COVID-19, including how long it can survive on surfaces like money. Our suggestion is to follow the recommendations from the Centers for Disease Control (CDC), including washing your hands often and avoid touching your eyes, nose and mouth.

Additionally, some customers are choosing to use their debit and credit cards more frequently, as well as Digital Wallet and Zelle, which allow payments to happen digitally. These are great tools to help you reduce the handling of cash.

Q: Are there any tools to help my business adapt to the new environment?

A: Absolutely! First, if your business is experiencing financial hardship due to these unprecedented circumstances, please reach out to your banker to discuss what options may be available to you. Find your local branch here.

Fidelity Bank also has several tools that can help you manage your business’s finances digitally. Our Business Online Banking allows you to transfer funds, view statements and pay bills electronically. And our Business Mobile Banking app allows you to do all this from your smartphone or tablet, too.

Merchant Services from Fidelity Bank allows businesses to take card payments at point of purchase (including Digital Wallet payments) at your office or from a mobile device. We also have solutions that enable you to take payments online.

Additionally, our Remote Deposit Service helps business customers deposit checks electronically from your office.

Q: Is there any financial relief available to help my business get through these challenging times?

A: Yes. Fidelity Bank wants to work with business customers to help you get through these challenging times. We ask that you reach out to your banker to discuss your specific needs. Find your local branch here.

Beyond Fidelity Bank, there are relief programs that may be able to offer assistance to your business. The U.S. Small Business Administration (SBA) has Coronavirus (COVID-19) Small Business Guidance & Loan Resources to aid small business.

The IRS has established Coronavirus Tax Relief to help those affected.

We suggest contacting your local Chamber of Commerce or other area business support groups to learn more about additional resources that may be available in your area.

If you are negatively affected by the Coronavirus situation, we’re here to help. Our associates are committed to working with our valued customers to reduce financial stress during this challenging and uncertain time. Please contact your local banker to learn more about the options that may be available to you.

We encourage you to use our convenient Digital Banking and Business Mobile Banking services to manage your accounts, check balances, and deposit checks. Automated account information can also be obtained around the clock by calling 1-800-816-9608 or en Español at 1-800-998-9608. For additional customer service, you can also call 1-855-547-1385 weekdays from 8:00 a.m. to 6:00 pm ET.

Fidelity Bank is committed to doing things Right By You.

Community Reinvestment Act

Ty Hoeksema Joins Trust Company of North Carolina

FUQUAY-VARINA, North Carolina (May 10, 2022) – Fidelity Bank is pleased to announce Ty Hoeksema has joined Trust Company of North Carolina as an Assistant Vice President and Investment Analyst. In his new position, Mr. Hoeksema is responsible for assisting Trust operations, performing daily investment duties, and servicing requests for assigned accounts. His office is located at the Fidelity Bank branch in Cary on 100 West Chatham Street.

Ty has over four years of previous financial experience. Prior to joining Trust Company of North Carolina, he worked for Merrill Lynch in the Wealth Management division.

Mr. Hoeksema graduated from Wheaton College, with a Bachelor of Arts, in Business Economics.

“I am excited to join Fidelity Bank and the Trust Company of North Carolina as I am joining a company with a great reputation where I can grow while serving this community,” said Hoeksema.

Fidelity Bank is a full-service financial institution with assets of approximately $3.7 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 56 branches throughout North Carolina, South Carolina, and Virginia.