Fidelity Federal Bancorp has finished acquiring Community Banks of Shelby County. Fidelity Bank, out of Evansville, Indiana. Community Banks of Shelby County announced the move was happening back in April but was finishing up in the third quarter of the year. Fidelity President and CEO Don Neel says they have found that Shelby County Banks philosophy mirrors their own.
Greg Miller, President of Community Banks of Shelby County says they are excited to join Fidelity’s team and they look forward to the benefits of scale and expertise to support the focus on serving their customers and the community. Fidelity now has 23 banking centers and nearly $3.3 billion in assets. Fidelity owns banks in many places in Indiana, the US Virgin Islands, Chicago, St. Elmo, Denver, Colorado, Destin/Fort Walton and Fort Myers, Florida and Long Beach, California.