A Mutually Beneficial Partnership

Fidelity Bank & Cape Cod 5 Parent Companies Enter Strategic Partnership

Fidelity Bank has entered into a strategic partnership at our parent company level with Cape Cod 5, to combine our respective holding companies under one multi-bank holding company. Fidelity Bank and Cape Cod 5 are two strong, secure, and long-standing community banks, with similar cultures and proud commitments to mutuality. Both banks will continue to operate independently as two separate financial institutions maintaining our respective names and brands.

Fidelity Bank’s unique LifeDesign approach to banking promises we deliver the care and clarity needed so you can always move forward with confidence and this excellent partnership will allow us to bring the benefits of LifeDesign banking to our clients, community, and colleagues for many years to come.

While there will be no changes in how or where our clients bank with us, this partnership will allow both banks to fuel future growth and enhance our service offerings.

To learn more, check out the helpful information below. If you have additional questions, feel free to connect with our caring bankers at your nearest banking center, your business relationship manager, or our Client Care Center at 800-581-5363.

Press Release:

Frequently Asked Questions:

We’ve created a series of FAQs to answer your most pressing questions regarding this partnership.

This is mutual partnership at the parent company level, not a bank merger or acquisition. Both banks will continue to operate independently under their respective brands, with the same team members serving their local communities, under one multi-bank holding company.

Bringing our two institutions under one holding company provides many mutual benefits, including the ability to share resources and to help expand the services that each bank offers its clients, while still allowing each bank to exist independently.

A Mutual Holding Company (MHC) is a parent company, which wholly owns the subsidiary bank(s). In a highly regulated industry such as banking, a holding company structure allows for more opportunities for growth, including by acquiring or developing another line of business. It is similar to parent companies in other industries.

Yes, 100% of your deposits will continue to be insured by our unique combined insurance coverage offered through the FDIC and DIF.

Through this partnership, Fidelity Bank will be setting up a $5 million charitable foundation that will allow us to give more support, indefinitely, to the important non-profits, causes, and events in the communities we serve.

You can talk to a caring banker at your nearest banking center, your business relationship manager, contact our Client Care Center at 800-581-5363, or reach us via our website at FidelityBankOnline.com.

All Banking Centers will remain open and your banking relationship will continue as it currently exists. In fact, Fidelity Bank is excited to be able to offer additional products such as Trust and Wealth Management services and increased commercial loan lending limits.

We will continue our LifeDesign brand promise, utilizing our C.A.R.E. process to provide you with the care and clarity you need to always move forward with confidence.

Yes, your accounts, deposits, and loans, will stay at Fidelity Bank with no changes.

As a client of Fidelity Bank, there are no changes to your accounts, deposits, or loans and nothing you need to do.

You will not be able to at this time.

All of the caring bankers who service your banking relationship will continue in their roles.

The Fidelity Bank leadership team, as well as its Board of Directors will remain the same.