FB Bancorp, Inc. functions as the parent entity for Fidelity Bank, a mutual savings bank incorporated under Louisiana law. Fidelity Bank's principal business involves gathering funds from the public through deposits and then allocating these, along with capital generated from its operations, to provide mortgage financing for one-to-four family homes in its primary service regions. The bank also extends credit for residential construction projects, commercial property ventures, general business purposes, home equity through both term loans and lines of credit, and various personal consumer loans.
Candescent's Terafina Helps Fidelity Bank Turn Leads Into Funded Accounts in a Single Session
Fidelity Bank, the banking subsidiary of FB Bancorp (NASDAQ: FBLA), has gone live on Candescent's Terafina platform for a new digital account opening experience.
The omni-channel rollout lets consumer and business customers move from account selection to a funded account in a single session, online or in branch, replacing what was previously a manual, form-driven lead-capture process.
Fidelity Bank is a $1.2 billion-asset community bank serving roughly 33,000 customers across 18 branches in Southeast and Southwest Louisiana.
The release is authored by vendor Candescent and discloses no financial metrics or ROI, so this is an incremental operational capability win for FBLA rather than a financially material event.