Fidelity Bank Ranked 23rd Among National SBA 7(a) Lenders
ATLANTA, Nov. 16, 2011 /PRNewswire/ -- Fidelity Bank, a subsidiary of Fidelity Southern Corporation (NASDAQ: LION), reported today it was ranked 23rd in the nation among SBA 7(a) lenders. Fidelity Bank also ranked 4th in total dollar volume of SBA 7(a) loans made in Georgia.
Danny Preston, Senior Vice President for SBA lending at Fidelity Bank said, "This ranking demonstrates what Fidelity Bank is all about: investing in local businesses and fostering an environment of growth so our local communities can prosper and thrive. We are proud to be recognized for our contribution in helping to stimulate our local economy."
For the Federal Fiscal Year, which ended September 30, 2011, the number of Fidelity Bank SBA guaranteed loans rose 44.8%, while total dollars of loans originated rose 31.8%, to over $111 million.
H. Palmer Proctor, Jr., President of Fidelity Bank said, "Our strategic growth initiatives are working. We have attracted and retained talented small business lenders who are committed to our mission of providing the best customer service in town."
Fidelity Southern Corporation, through its operating subsidiaries Fidelity Bank and LionMark Insurance Company, provides banking services and credit-related insurance products through 26 branches in metropolitan Atlanta, Georgia, a branch in Jacksonville, Florida, and an insurance office in Atlanta, Georgia. SBA, Indirect Automobile, and Mortgage loans are provided through employees located throughout the South. For additional information about Fidelity's products and services, please visit the website at www.FidelitySouthern.com.
Contact: |
Martha Fleming (404) 240-1504 |
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SOURCE Fidelity Southern Corporation
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