Fidelity D & D Bancorp Announces Retirement of Director Patrick Dempsey

5/17/20

DUNMORE, Pa., (GLOBE NEWSWIRE) -- Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), 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 Patrick (“Pat”) J. Dempsey, Chairman Emeritus, as a Director effective May 5, 2020.

Mr. Dempsey served as Director of the Fidelity Deposit & Discount Bank, a subsidiary of Fidelity D & D Bancorp, Inc.’s Board of Directors since 1985. He was named Chairman of the Board in 2004 and served for 14 years. He also served as Interim Chief Executive Officer and Interim President of Fidelity D & D Bancorp, Inc. from September 1, 2009 to December 2, 2010. He has been a member of the Company Board since 1999.

“On behalf of the Board of Directors’ we want to thank Pat for his 35 years of committed service to the Company,” remarked Brian J. Cali, Chairman of the Board. “Pat’s relentless efforts as a Director and Chairman laid the foundation for the company’s current governance and organizational structure. The Fidelity organization wishes him a happy and deserving retirement for his contributions to our company and bank.”

“During my tenure as President and CEO, Mr. Dempsey played an invaluable role in the success of the Company,” remarked Daniel J. Santaniello, Fidelity President & Chief Executive Officer. “I am very grateful to have had the opportunity to have worked alongside such an accomplished and thoughtful person.”

About Fidelity D & D Bancorp, Inc.

Fidelity D & D Bancorp, Inc. has built a strong history as trusted financial advisors to the clients served by The Fidelity Deposit and Discount Bank, founded in 1902, and is proud to be an active member of the community of Northeastern Pennsylvania. Fidelity Bank has been recognized nationally for its sound financial performance, and superior customer experience. It has been identified as one of the Top 200 Community Banks in the country by American Bankers Association for four years in a row, and Forbes ranked it one of the Best In-State Banks for the past two years. The company has been the #1 mortgage lender in the Lackawanna County market for over 8 years. Fidelity Bank is passionate about success and committed to building strong relationships through superior service.

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