In celebration of its 130th anniversary, Fidelity Savings and Loan Association of Bucks County (Fidelity S&L) is offering a 13-month Anniversary Special CD (1.30% APY). The minimum deposit is $500, with no balance cap.
According to CSR, the Early Withdrawal Penalty is 90 days interest.
Headquartered in Bristol, Fidelity Savings and Loan Association of Bucks County account holders must at least 18 years old, U.S. Citizens or Resident Aliens, and reside in Bucks County, Pennsylvania, or certain portions of the surrounding counties.
There is a possibility of residents of other areas being eligible for an account, as evidenced by the following statement on Fidelity S&L's website:
"If you reside outside of this area, the approval process will begin with our evaluation of whether we can adequately service your lending or deposit product needs."
Savings and Loan Overview
Fidelity Savings and Loan Association of Bucks County (FDIC Certificate # 30954) has an overall health rating of "B" at DepositAccounts.com, with a Texas Ratio of 14.21% (above average) as of December 31, 2014. Fidelity S&L has an excellent capitalization of 12.88%, a result of holding $103.37 Million in assets, with $13.32 Million in equity. Please refer to our financial overview of Fidelity Savings and Loan Association of Bucks County for more details.
Established in 1885, Fidelity Savings and Loan Association of Bucks County is one of the oldest financial institutions in Bucks County, but the building which houses Fidelity S&L is even older. Fidelity S&L likens its longevity and local historical importance to the house at 237 Radcliffe, which was built in the late 1780s. Fidelity S&L is the 17th owner/occupant of 237 Radcliff, with Senor Don Louis de Onis, Spanish Ambassador to the United States, being the first in 1791. A detailed narrative about 237 Radcliffe can be found on Fidelity S&L’s website.
How the CD Compares
When compared to other similar length of terms CDs tracked by DepositAccounts.com, requiring a similar minimum deposit and available to Pennsylvania residents, Fidelity Savings and Loan Association of Bucks County’s 13-month Anniversary Special CD is quite competitive.
The above rates are accurate as of 4/10/2015.
To search for nationwide CD rates and CD rates in your state, please refer to the CD rates section of DepositAccounts.com.