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Stimulus Payment Update


We'll post your stimulus payment to your account as soon as we get it from the IRS.

If you call in, our Customer Service team will not have any further info about the status of your payment.  To know when your payment hits your account, setup an alert through online banking, if you haven't already.  Not sure how to set up an alert - watch a short how-to video here.

For more info, including whether your're eligible, visit the IRS website.




On January 19, 2021 the Small Business Administration (SBA) simplified the PPP loan forgiveness process for loans of $150,000 or less.    Eligible non-payroll expenses were also expanded for all borrowers.    

The SBA will begin accepting revised  forgiveness applications March 5, 2021; therefore,  Fidelity Bank will also accept revised forms on the same date.  Forgiveness rules have changed most substantially for loans of $150,000 or less.  As such, Fidelity will not accept new forgiveness applications for these loans until March 5, 2021.

Borrowers with PPP loans greater than $150,000 may continue to submit forgiveness applications; however, borrowers who may benefit from additional eligible expenses to obtain  full forgiveness are encouraged to delay application until March 5.  Previously submitted applications will continue to be processed.    The expanded nonpayroll expenses include:

  • Operating expenses
  • Property damage (due to political unrest in 2020)
  • Supplier costs
  • Expenditures for worker protection

All of the above expenses must be tax deductible. 

Please refer to for additional information.


January 14, 2021

New simplified guidance regarding forgiveness for loans less than $150,000 is expected to be released by the SBA shortly. While supporting documents will still need to be retained by the borrower, the forgiveness process is expected to be simple and streamlined requiring minimum documentation.   We strongly encourage borrowers with loans less than $150,000 to consider delaying their forgiveness application until the new guidance is released. 


January 12, 2021

Click HERE to submit your application.  But before you do, review the information below.

  • The SBA has signaled there will be a longer response time from application to approval status for Second Draw PPP Loans.
  • It is important to apply for a with the same financial institution that completed your first draw.
  • The last day to apply for and receive a loan is March 31, 2021.
  • To qualify for a Second Draw PPP Loan you have to meet five requirements;
    • You're a business, independent contractor, eligible self-employed individual, sole proprietor, nonprofit organization, eligible for a First Draw PPP Loan, veteran’s organization, Tribal business concern, housing cooperative, small agricultural cooperative, eligible 501(c)(6) organization or eligible nonprofit news organization that:
      • Has 300 or fewer employees, unless you're a business that satisfies the North American Industry Classification System (“NAICS”) code beginning with 72 or an eligible news organization with more than one physical location.
      • Experienced a revenue reduction of 25% or greater in 2020 relative to 2019
      • Received a First Draw PPP Loan
      • Have used, or will use, the full amount of the First Draw PPP Loan on or before the expected date on which the Second Draw PPP Loan is disbursed to the borrower



January 5, 2021

As of yesterday, all stimulus payments sent to Fidelity Bank have been posted to clients’ accounts.  Based on prior guidance received from the Treasury, we do not anticipate any additional direct deposit files to be sent to us for stimulus payments at this time.  Clients who have not received their stimulus payment should use the “Get My Payment” tool on the IRS’s website at The tool displays the last four digits of the account to which your stimulus payment has been sent, typically the account where your 2019 tax refund was deposited, or paid from.  


December 30, 2020

Clients who qualify for the second round of economic stimulus payments should begin seeing their deposits soon.  For the fastest service, please use our mobile app, website or the Fast Line at 1.877.931.FAST (3278).


If others you know are receiving deposits and you haven’t, please know that we are posting them in the order received. If you have not received an anticipated stimulus payment by January 4, 2021, we encourage you contact the IRS using the “Get My Payment” tool at


December 28, 2020

Fidelity Bank President & CEO Chris Ferris talks with Fox 8 Money Matters about the new PPP stimulus package.  Watch the full interview here.



December 21, 2020

Stimulus Payments

The bill calls for a stimulus check for the majority of U.S. households. As with the CARES Act, it is expected that the majority of these payments will be made through direct deposit.  For clients wishing to check on the deposit of these funds in their checking account, we suggest enrolling in Online Banking as the fastest way to access your account information, as well as to setup text message/email alerts for deposits made to your account.  Additionally, account information is available to our clients 24/7 via our FastLine at  1.877.931.FAST (3278).


Paycheck Protection Program

The bill includes another round of funding for small businesses through the Paycheck Protection Program, including those who previously received PPP funds.  It is our priority to once again make this process as simple, easy and fast as possible for our clients.  We anticipate the SBA will begin working expeditiously to release guidance to banks on how to facilitate these requests.  When this guidance is received, Fidelity will post updates and applications to our website at