Boardroom Alpha
8-K primary document
FDBC · Current Report (Form 8-K) · Filed January 6, 2026

Fidelity D & D Bancorp Inc8-K exhibit

ex_903969.htm
ex_903969.htm

Exhibit 99.1

 

logosmall.jpg

 

FOR IMMEDIATE RELEASE 

 

Contact: 

Tara Smith 

VP & Director of Marketing 

(570) 504.2231 

Tara.Smith@fddbank.com 

 

 

Fidelity Bank Welcomes James Clemente, CPA, MT and Rocco A. DelVecchio to Board of Directors

 

Dunmore, PA January 2, 2026 – Brian J. Cali, Chairman of the Board of Fidelity Bank, is pleased to announce the appointment of James Clemente, CPA, MT and Rocco A. DelVecchio to its Board of Directors.

 

On January 2, 2026, the Boards of Directors of Fidelity D & D Bancorp, Inc. (the "Corporation") and its wholly owned subsidiary, The Fidelity Deposit and Discount Bank (the "Bank") elected James Clemente, CPA, MT and Rocco DelVecchio as directors of the Corporation and the Bank. Mr. Clemente was appointed as director of the Corporation to serve until the 2028 annual meeting of shareholders, and Mr. DelVecchio was appointed as director of the Corporation to serve until the 2026 annual meeting of shareholders.

 

Clemente brings more than 45 years of experience in accounting and consulting as Managing Partner at Snyder & Clemente, where he specializes in taxation, estate and gift planning, business acquisitions, and IRS representation. He recently served as a director for another local community bank. Clemente is a Certified Public Accountant in Pennsylvania and an active member of both the American Institute of Certified Public Accountants and the Pennsylvania Institute of Certified Public Accountants.

 

DelVecchio is a highly accomplished financial services executive with decades of leadership experience across commercial, retail, small business, and wealth management. Most recently, he served as Consultant for Fidelity Bank (2020–2024). Rocco's impressive career includes senior leadership roles as President & Chief Executive Officer and Chief Operating Officer at another area bank, managing multi-billion-dollar loan and deposit portfolios and driving profitable growth strategies.

 

In making this announcement, Cali mentioned, "James brings exceptional expertise in accounting and taxation, along with a long history of community involvement. His insight and commitment to service will help guide Fidelity Bank’s strategic direction and reinforce our dedication to delivering value for our clients and shareholders.” He added, “Rocco’s leadership and extensive banking experience will be a tremendous asset to our Board. His proven ability to drive growth and foster strong client relationships reflects the values that define Fidelity Bank.”

 

Daniel J. Santaniello, President & Chief Executive Officer of Fidelity Bank, stated, “I am excited to welcome James and Rocco. I am confident that their expertise and commitment to the communities we serve will help us continue to build long-term value for our bankers, clients, shareholders, and communities.”

 

 

 

About Fidelity Bank
Fidelity Bank has built a strong history as a trusted financial advisor and continues its mission of exceeding client expectations through a unique banking experience. It operates 21 full-service offices throughout Lackawanna, Luzerne, Lehigh, and Northampton Counties, along with a limited production commercial office in Luzerne County and a Fidelity Bank Wealth Management Office in Schuylkill County. Fidelity Bank provides a digital banking experience online at www.bankatfidelity.com, through the Fidelity Mobile Banking app, and in the Client Care Center at 1-800-388-4380. Part of the Company’s vision is to serve as the best bank for the community, which was accomplished by having provided over 5,960 hours of volunteer time and over $1.5 million in donations to non-profit organizations directly within the markets served throughout 2024. Fidelity Bank's deposits are insured by the Federal Deposit Insurance Corporation up to the full extent permitted by law. 

 

 
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer