BANKING & FINANCE - Oct. 12, 1994
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From Times Staff and Wire Reports
Fidelity Fed Reaches Benchmark: The Office of Thrift Supervision said Fidelity Federal Bank is now “adequately capitalized,” marking another milestone in the Glendale-based thrift’s comeback effort. Fidelity recently completed a massive restructuring and recapitalization plan aimed at shoring up its troubled finances. The thrift also said it has appointed Mark K. Mason, formerly a senior manager at Deloitte & Touche, to the dual posts of executive vice president and chief financial officer.
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