Fidelity Bankshares Names William H. Sned, Jr. to Board of Directors
2005年12月22日 - 12:41AM
PRニュース・ワイアー (英語)
WEST PALM BEACH, Fla., Dec. 21 /PRNewswire-FirstCall/ -- Fidelity
Bankshares, Inc. (NASDAQ:FFFL), the holding company for Fidelity
Federal Bank & Trust, announced today that it has elected
William H. Sned, Jr., president of the firm Sned & Tucker,
P.A., to its board of directors. Fidelity has increased the number
of board members from six to seven. Mr. Sned has practiced
administrative, real estate, corporate, zoning and governmental law
in Palm Beach County since 1971 and has represented lenders in real
estate closings as well as commercial and residential mortgage
foreclosures. He has served as the chairman for the St. Mary's and
Good Samaritan Hospital boards and the Board of Commissioners for
the West Palm Beach Housing Authority. He has also served on the
West Palm Beach Planning Board, the Community Development Board of
West Palm Beach, the Norton Museum and numerous other professional
and charitable organizations. Mr. Sned also owns and manages
shopping centers and commercial property. He earned a bachelor's
degree from Wake Forest University and a Juris Doctor Degree from
Florida State University. Vince Elhilow, CEO of Fidelity Federal,
said, "Bill has represented lenders and litigants as an expert
witness in matters of lien priority, interpretation of the
marketable record title act and has represented plaintiffs and
litigants in zoning disputes. He is well tied into the community,
and we are pleased to have his legal expertise on our board." At
Sept. 30, 2005, Fidelity Bankshares, Inc., through its subsidiary
Fidelity Federal Bank & Trust, had assets of $3.94 billion and
deposits of $3.32 billion and operates in Florida through 48
offices in Palm Beach, Martin and St. Lucie counties. An investment
profile on Fidelity Bankshares may be found on
http://www.hawkassociates.com/fffl/profile.htm . For more
information, contact Chairman and CEO Vince A. Elhilow or Chief
Financial Officer Richard D. Aldred at (561) 803-9900, or Frank
Hawkins or Julie Marshall, Hawk Associates, Inc., at (305)
451-1888, e-mail: . Information about Fidelity Bankshares, Inc. can
be found on http://www.fidelityfederal.com/ . Fidelity Bankshares
press releases, SEC filings, current price quotes, stock charts and
other valuable information for investors may be found on
http://www.hawkassociates.com/ . Forward-Looking Statements: When
used in this report, the words or phrases "will likely result,"
"are expected to," "will continue," "is anticipated," "estimate,"
"project" or similar expressions are intended to identify
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements are
subject to certain risks and uncertainties, including, among other
things, changes in economic conditions in the company's market
area, changes in policies by regulatory agencies, fluctuations in
interest rates, demand for loans in the company's market area and
competition that could cause actual results to differ materially
from historical earnings and those presently anticipated or
projected. The company wishes to caution readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company wishes to advise readers that the
factors listed above could affect the company's financial
performance and could cause the company's actual results for future
periods to differ materially from any opinions or statements
expressed with respect to future periods in any current statements.
DATASOURCE: Fidelity Bankshares, Inc. CONTACT: Vince A. Elhilow,
Chairman and CEO, or Richard D. Aldred, Chief Financial Officer,
both of Fidelity Bankshares, +1-561-803-9900; or Frank Hawkins or
Julie Marshall, both of Hawk Associates, +1-305-451-1888, or , for
Fidelity Web site: http://www.fidelityfederal.com/
http://www.hawkassociates.com/
http://www.hawkassociates.com/fffl/profile.htm
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