UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Under Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report March 31, 1997
FIDELITY FEDERAL BANCORP
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(Exact name of registrant as specified in its charter)
Indiana 0-22880 35-1894432
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(State of other jurisdiction Commission (IRS Employer
of Incorporation of File No. Identification No.)
Organization)
700 S. Green River Road, Suite 2000
Evansville, Indiana 47715
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(Address of principal executive offices) (Zip Code)
(812) 469-2100
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Registrant's telephone number, including area code
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(Former name, former address and former fiscal year,
if changed since last report)
ITEM 5 OTHER EVENTS
On March 25, 1997, Fidelity Federal Bancorp, the holding company of
United Fidelity Bank fsb, announced that David L. Maraman, President,
CEO, and director of United Fidelity Bank and the Company, has resigned
effective March 25, 1997 to pursue other interest.
Jack Cunningham, a 40-year employee, has been named President and CEO of
the savings bank, and will continue to served as Vice Chairman and
director of the Company. Included for filing is a press release dated
March 25, 1997.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FIDELITY FEDERAL BANCORP
Date: March 31, 1997 By: /S/ DONALD R. NEEL
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Donald R. Neel, Executive Vice
President, CFO and Treasurer
[LETTERHEAD OF FIDELITY FEDERAL BANCORP]
Contacts: M. BRIAN DAVIS, PRESIDENT AND CEO (812) 469-2100 ext. 12
DONALD R. NEEL, EXECUTIVE VP AND CFO (812) 469-2100 ext. 14
FOR IMMEDIATE RELEASE: MARCH 25, 1997
FIDELITY FEDERAL BANCORP ANNOUNCES RESIGNATION,
NAMES CUNNINGHAM CEO OF SAVINGS BANK
(Evansville, IN) Fidelity Federal Bancorp (the "Company") (NASDAQ
NMS:FFED), the holding company of United Fidelity Bank, fsb (the "Bank"),
announced today that David L. Maraman, President, CEO, and director of United
Fidelity Bank fsb, and the Company, has resigned effective March 25, 1997 to
pursue other interests.
Jack Cunningham, a 40-year employee, has been named President and CEO
of the savings bank, and will continue to serve as Vice Chairman and director of
the Company. Company President and CEO M. Brian Davis noted, "Jack has
successfully served the shareholders in many different ways during his
distinguished career. We felt that his experience made him perfectly suited to
lead the savings bank at this juncture". Cunningham noted, "I am looking
forward to the opportunity to continue serving the Company in the years ahead".
The Company is a savings and loan holding company based in Evansville,
Indiana. Its savings bank subsidiary, United Fidelity Bank, fsb, maintains four
locations in Evansville. The bank participates in various real estate
activities including mortgage banking and finance, as well as owning,
developing, building, renting, and managing housing developments through its
wholly owned subsidiaries: Fidelity Federal Capital Corporation, Village
Housing Corporation, Village Community Development Corporation, and Village
Management Corporation. The bank also offers insurance products through Village
Insurance Corporation.
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