Fidelity Bank Announces Chris Ferris as New President and CEO
NEW ORLEANS – Fidelity Bank, a Southeast Louisiana-based financial institution, announced today the appointment of Chris Ferris as President and CEO. Ferris will begin his role as President and CEO immediately.
Ferris joined Fidelity Bank in October 2014 and last served as chief of retail and Small Business Banking and Chief Operations Officer. In that role, he was responsible for all consumer, commercial and small business banking activities. He also provided leadership and strategic support to marketing, bank loan and deposit operations, consumer underwriting, project management, electronic banking, information systems and the customer service call center.
Prior to joining Fidelity, Chris worked at BB&T overseeing retail and small business banking units for the State of Maryland. He has 18 years of bank management and leadership experience.
Katie Andry Crosby, Chairperson of Fidelity Bank’s Board of Directors, said, "Today's announcement is the culmination of the Board of Directors' robust and long-term succession planning process. Chris’ leadership and management skills and his broad banking experience will prove to be a valuable asset as the CEO of Fidelity Bank, our mortgage division NOLA Lending Group and our wholly owned subsidiary Homestead Title Company. Chris was instrumental in developing our mission and core values and has a passion to do what is right for our clients, associates and the communities we serve.”
As President and CEO of Fidelity Bank, Ferris will assume responsibility for the overall direction and administration of programs, products, and services provided by Fidelity Bank, NOLA Lending Group and Homestead Title Company– including Fidelity's financial performance, credit quality, business development, operations, regulatory compliance, and risk management.
“I’m excited and honored to be leading such a talented group of associates” said Ferris. “I’m committed to our mission of ‘Here for Good’ and look forward to the continued success of our 18 full service branches and our mortgage division, NOLA Lending Group and title company, Homestead Title Company."
According to Bankrate, as of June 30, 2017, Fidelity Bank exhibited a superior condition, earning a full 5 stars for safety and soundness. Regulatory filings show the bank having equity of $137.3 million on assets of $792.3 million.
Thanks to the efforts of 381 full-time employees in 19 offices in Louisiana, the bank holds loans and leases worth $546.8 million, including real estate loans of $542.7 million. U.S. bank customers currently have $584.3 million in deposits with the bank.