
Fidelity Bank’s Fall eNewsletter: October 2020
By Leah Meilander
Posted: October 29, 2020
Thought Leadership:
Financing Equipment During Economic Uncertainty
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 When the time comes to replace failing equipment, upgrade outdated machines, or acquire new equipment to meet growing demand, these purchases represent a significant investment.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 may be wondering if now is the right time to invest in new equipment. In fact, for many businesses, this is the perfect time to take advantage of historically low interest rates and maximize the tax benefits available through equipment financing and leasing. Read the full article to learn about:
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![]() By Mark Paetznick |
Fidelity Bank Turned 50 This Month! |
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We first opened our 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 banks. Today, 50 years later, we serve primarily small to mid-size businesses and offers a full spectrum of business banking services, including commercial lending, mortgage warehouse funding, equipment financing, equipment leasing, cash management, and factoring services. This year we asked people to celebrate our 50th Anniversary with us virtually. |
With an ESOP, there are many winners in the sale of a business
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New Fidelity Bank President: Todd Williams
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Fidelity Bank is Hiring!We are looking for talented professionals to join our team. We have opportunities for a Marketing Manager, VP of Cash Management, VP Commercial Loan Officer, VP Commercial Loan Officer – Mortgage Warehouse, Accounting Analyst, and others. |
Your Bank. Your Way. Banking At Your Fingertips. |
Connections make the difference: we’re committed to helping you stay connected with several remote banking solutions designed to securely and safely support your business in-person, online, or on mobile. Personal connections are always at the center of our bank. |
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Contact Fidelity
Phone:
(952) 831-6600
Email:
webinfo@fidelitybankmn.com