Leominster, Mass
Fidelity Bank has experienced recognition over the summer for its commitment to client satisfaction and growth. The bank today announced it was named one of Forbes “America’s Best Banks in Each State 2022.” Forbes announced the list on June 21. Additionally, Fidelity Bank was recognized by Banker & Tradesman as one of this year’s Fast 50 in Commercial and Residential Lending. Banker & Tradesman announced the list on August 15.
In an article published by Forbes, more than 26,000 U.S. citizens from all 50 states participated in in-depth interviews, providing an overall satisfaction score and answering several questions based on six facets of their banking relationship. Forbes reported that only 2.7 percent of all banks nationwide made the cut for the best-in-state rankings.
Fidelity Bank is the only bank based in central and western Massachusetts to appear on this year’s list.
Banker & Tradesman, a leading publication for news and insights for Massachusetts banking, commercial, industrial and real estate industries, recently named Fidelity Bank as one of its Fast 50 for Commercial and Residential Lending, placing 13th for number of commercial loans. Fidelity Bank experienced a 133 percent increase in the number of commercial loans, with a total 28 commercial loans in 2022 compared to 12 commercial loans in 2021. The Fast 50 is compiled from data collected by Banker & Tradesman market share module, ranking the 50 fastest-growing loan providers in Massachusetts, comparing the number and volume of loans from January 1 through June 30, 2021, to the number and volume from the same timeframe in 2022.
To learn more about the Forbes “America’s Best Banks in Each State 2022” and for a complete listing, visit https://www.forbes.com/best-in-state-banks/.
To learn more about the Banker & Tradesman Fast 50 list, visit https://bankerandtradesman.com/special-sections/banker-tradesmans-fast-50/.