Fidelity News and Personal & Business Finance Tips

Financing Equipment Offers Sizable Financial Benefits

No matter what industry you are in, capital equipment likely makes up a significant part of your balance sheet. When the time comes to replace failing equipment, upgrade outdated machines, or acquire new equipment to meet growing demand, these purchases represent a significant investment.  With an ongoing global pandemic and continued economic uncertainty, business owners…

Read More

Fidelity Bank Celebrates 50 Years and Counting

Fidelity Bank first opened its doors to customers in Edina, Minn. on October 8, 1970. The bank was originally chartered in September 1970 as Southwest Fidelity State Bank of Edina and affiliated with Fidelity Bank and Trust in northeast Minneapolis. Fifty years later, it is one of the few remaining locally owned and operated community…

Read More

Todd Williams Elected President of Fidelity Bank

EDINA, MINN. (August 17, 2020) – Fidelity Bank ( recently announced the election of Todd Williams as president of the bank. On July 15, Fidelity Bank’s board of directors voted unanimously to promote Todd Williams to president, effective immediately. Williams succeeds outgoing president Charles Mueller, who will continue in the role of chief executive officer…

Read More

With an ESOP, many winners in sale of a business

For many business owners, a succession plan is about more than creating an exit strategy or profiting from the sale of the company. It’s about preserving a legacy in a way that benefits the company and its employees as well as the business owner(s). One way to do that is by selling the business to…

Read More

Fidelity Bank’s Summer eNewsletter: July 2020

A message from our President and CEO, Charles Mueller We understand the importance of communication, especially at a time when some traditional communications have moved from in-person to online. I encourage you to stay in close contact with your banker as that person knows your business well and is ready to be your partner through…

Read More

Financial Best Practices for Times of Economic Uncertainty

As the initial frenzy of the application, documentation and funding phases for the Paycheck Protection Program (PPP) fades into the background, businesses and bankers alike are looking ahead to what’s next.   For many that means confirming that PPP funds are being used appropriately and as efficiently as possible. As a bank, it’s important for our team to help clients…

Read More

A Note to Our Customers About COVID-19

To our valued clients,   On Wednesday, Minnesota Governor Tim Walz signed Executive Order 20-20 directing Minnesotans to stay at home and limit movement outside of their home beyond essential needs. This order will be in effect March 27th through April 10th. I want you to know that Fidelity Bank is taking this order seriously…

Read More

Fidelity Bank is at Your Service

Let us know how we can help. Call today!