First Fidelity Financial Advisors

First Fidelity Bank has many services that can help you become more successful in your business. Read more and find out which ones make sense for your business.

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Type of Service
Employee Benefit Plans More››

Employee Benefit Plans

Qualified Retirement Plans

The employer’s contributions are tax deductible. The earnings in the fund grow at a tax-deferred rate. At distribution time, some funds may be eligible for favorable tax treatment. Participants may be in a lower tax bracket after retirement.

Principal Types of Plans 

Defined benefit plans provide a monthly benefit that each participant will receive at retirement. An actuary will determine the contribution each year.

Defined contribution plans generally provide for a contribution based on a percentage of current salaries for each year. The amount of retirement benefit each participant will receive will depend on the investment return and the number of years until retirement.

Defined Contribution Plans More››

Defined Contribution Plans

  • Profit Sharing Plans
  • Money Purchase Pension Plans
  • Target Benefit Pension Plans
  • Age-Weighted Profit Sharing and Money Purchase Plans
  • Stock Bonus Plans
  • ESOP-Employee Stock Ownership Plans
  • Cash Or Deferred-401(k) Plans
  • SIMPLE Plans

Defined Benefit Plans 

  • Level Percentage Plan
  • Step Rate Service Weighted for Prior Service
  • Service Plan
  • Participation Plan
  • Top-Heavy Plan

SIMPLE Retirement Plans

  • 100 or fewer employees
  • Does not maintain another tax-qualified retirement plan to which contributions are made
  • Can either be an incorporated or unincorporated entity
  • IRA Version-Individual IRA for each participant
  • 401(k) Version-Cash or deferred profit sharing plan
Investment Management Services More››

Investment Management Services

First Fidelity investment consultants draw on their extensive experience to provide you with the investment advice you require. Trusting the asset management of your portfolio to our consultants provides you with the time you need to manage your business with greater focus.

  • Foundations, the personalized investment management account
  • Personal Asset Management, including a customized investment strategy that meets your objectives, time frame and tolerance for risk
  • Real Estate Property Management
  • Oil and Gas Property Management
  • Self-directed IRAs and Keogh Accounts
  • IRA Rollovers for lump sum distributions from company retirement plans
  • Pension and Profit Sharing Plans
Business Trust Services More››

Business Trust Services

Employee Benefit Plans 

First Fidelity will act as trustee, custodian and/or investment manager on most types of employee benefit plans. We will also assist your legal counsel to prepare a plan document. Typical plans administered by First Fidelity include: 401(k) plans, profit sharing plans, money purchase pension plans, pension (defined benefit) plans and Keogh plans. IRA rollover plans can be administered by First Fidelity either as a directed custodian or as trustee.

Institutional Investment Management 

A service in which assets of companies, foundations, endownments, and other not-for-profit organizations are accounted for, kept safe, and invested under the management of First Fidelity Bank. First Fidelity works with the organization to establish investment objectives and execute an investment strategy.

Cash Management

Daily funds are “swept” from the checking account and invested in a money market fund. As cash is needed, the reverse process takes place, from trust to the client checking account to restore the account balance. Income is received and distributed monthly.

Insurance More››

Insurance

Commercial Insurance Program

We offer a full range of products and services available to meet your property and casualty business insurance needs. Here is a brief overview of what’s available.

  • Spectrum-The Complete Business Owner’s Policy
  • Machinery & Equipment Coverage
  • Workers’ Compensation
  • Commercial Auto
  • Inland Marine
  • Account Credits
  • Select Customer Insurance Center
  • Select Customer Sales Center
Brokerage and Investment Services More››

Brokerage and Investment Services

Our investment center professionals are experienced licensed financial consultants who provide complete investment strategies and tactics.

  • Free Financial Plan
  • Tax-Exempt Municipal Bonds
  • Self-Directed IRAs
  • Asset Allocation Programs
  • U.S. Government Securities
  • Equity Investments
  • Tax-Deferred Annuities
  • Mutual Funds
*The products offered are not FDIC insured. Products are not deposits, or other obligations, or guarantees of the bank, and are subject to investment risks including the possible loss of principal amount invested.