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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

______________

Date of Report (Date of earliest event reported): December 2, 2021

FIDELITY D & D BANCORP, INC.

(Exact name of registrant as specified in its charter)

Pennsylvania

001-38229

23-3017653

(State or other

jurisdiction of

incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

Blakely and Drinker Streets, Dunmore, PA

18512

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (570) 342-8281

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, no par value

FDBC

The NASDAQ Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]


‎

FIDELITY D & D BANCORP, INC.

CURRENT REPORT ON FORM 8-K

Item 8.01 Other Events

On December 2, 2021, Fidelity Deposit and Discount Bank (the “Bank”), a wholly-owned subsidiary of Fidelity D & D Bancorp, Inc., issued a press release announcing the Bank will be receiving an additional $2 million through Pennsylvania’s Redevelopment Assistance Capital Program, or RACP. A copy of the press release is attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Number

Description

99.1

Copy of the Press Release, dated December 2, 2021.

The information in this Item 9.01 is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in such filing.


‎

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FIDELITY D & D BANCORP, INC.

Date: December 6, 2021

By: /s/ Salvatore R. DeFrancesco, Jr.

Salvatore R. DeFrancesco, Jr.

Treasurer and Chief Financial Officer

Picture 1



FOR IMMEDIATE RELEASE



Contact:

Noelle Krempasky

Assistant Vice President & Marketing Manager

(570) 504.8038

[email protected]



Fidelity Bank Receives Additional State Grant for Planned Downtown Scranton HQ



Scranton, PA – December 2, 2021  – As part of the ongoing renaissance of downtown Scranton, Fidelity Bank will be receiving an additional $2 million through the Pennsylvania’s Redevelopment Assistance Capital Program, or RACP. This grant is in support of Fidelity Bank’s plans to establish a new headquarters in the heart of the City of Scranton.



Fidelity Bank is planning a move of its corporate headquarters into the downtown, creating an economic multiplier effect, with 175 well-paying jobs to start, and room for future expansion. By moving bankers into the city center, businesses including restaurants, dry-cleaners, and other services will benefit from an additional workforce.



Last year, it was announced that Fidelity Bank would be receiving funds for the project. This news brings the total funds for the project to $4 million.



“Scranton is the largest city in our area, and its economic revival is paramount to the success of many small businesses, not just within the city, but throughout Lackawanna County and all of Northeastern Pennsylvania. As a corporate leader, it is incumbent upon us to make economic improvements that will better the lives of those within the communities we serve,” said Fidelity Bank President & CEO, Daniel J. Santaniello.



About Fidelity Bank



Fidelity Bank has built a strong history as trusted financial advisor to the clients served with 20 23 full-service offices throughout Lackawanna, Luzerne and Northampton Counties, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via online banking and mobile app, digital services, and digital account opening. Additionally, Fidelity Bank offers full-service Trust & Investment Departments, a Mortgage Center, and an array of personal and business banking products and services. Part of the Company’s vision is to serve as the best bank for the community, which was accomplished by having provided nearly 1,400 hours of volunteer time and over $1.3 million in donations to non-profit organizations directly within the markets served throughout 2020. The Company continues its mission of exceeding client expectations through a unique banking experience, providing 24 hour, 7 days a week service to clients through branch offices, online at www.bankatfidelity.com, and through the Customer Care Center at 800-388-4380.



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