Fidelity Deposit & Discount Bank

Thursday, January 2, 2014

Fidelity Deposit & Discount Bank, headquartered in Dunmore, PA, has had a presence in the community since 1903 and is a leader in introducing new services to customers and supporting area initiatives. One thing has never changed over the years: their commitment to northeast Pennsylvania, and Geisinger Commonwealth is squarely in the focus of their community-minded vision.

Fidelity invested in Geisinger Commonwealth and offered a scholarship four years ago. According to the bank’s president & CEO, Dan Santaniello, “The vision of the founders of the medical college was what initially appealed to us as a community bank, particularly when you consider the economic impact and potential increase in the quality of health care in northeast and north central Pennsylvania.” He added, “We have a vested interest in the growth of hospitals and specialists that will enable the local hospitals to capture some of the $1.3 million in health care that currently gets exported elsewhere.”

The Board of Directors of Fidelity recently decided to continue to support the College and renew their scholarship commitment. “We decided to renew our commitment to Geisinger Commonwealth because we see the success that Geisinger Commonwealth is having. We believe the success has created a positive economic impact here in northeast PA,” said Dan. Fidelity wants to be part of that impact and help ensure the continued success of the College. He added, “We also feel it’s important to support the medical research that Geisinger Commonwealth provides, in the hope of addressing some of the prevalent illnesses that affect our area.”

According to Dan, the leadership of Fidelity feels it’s important to have the school in the community because the majority of students are from Pennsylvania. He explained, “That makes a difference. They understand the needs and challenges that we have here, so, that’s a big advantage. And, as they join the local economy as practicing physicians, they will impact the level of healthcare for a long time to come.”

Geisinger Commonwealth wishes to thank Fidelity Deposit & Discount Bank for their continued support of the school and our students.