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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Jul 01, 1968
Page
5
Since its founding in 1937 Fidelity Federal has grown to be one of the nation’s 25 largest savings and loan associations and ranks 9th among federally chartered associations.
Assets exceed 410 million as Fidelity Federal grows year after year doubling in size. Savers now span every state and reach many other countries.
Fidelity Federal reports reserves and surplus exceeding 11 percent of total savings, a strong indicator of financial health. The balance signals one of the highest reserve ratios in the United States, reinforcing the institution's stability and liquidity.
Fidelity Federal advertises top dividends with daily compounding permitted by federal regulations. Accounts insured to $15,000. Free safety deposit boxes offered to savers with balances of $7,500 or more at the Long Beach office.
Patrons may use the 330 car Fidelity Federal Plaza Garage for courtesy parking. The facility offers free parking as a convenience for visitors. Availability is noted for customers of the venue.
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