Business Details
50+ Years
experience
Your Trusted Partner for Business Banking Solutions in Edina, MN
Fidelity Bank has been a trusted partner for businesses for over 50 years, combining big-bank capabilities with personalized service. Our team of business experts prioritizes understanding client goals to deliver tailored financial solutions. With a focus on transparency and strong relationships, we offer a diverse portfolio including business lending, mortgage warehouse funding, and equipment financing. Our leadership team brings decades of experience, ensuring clients receive proactive advice and direct access to decision-makers.Headquartered in Edina, Minnesota, we serve businesses nationwide while maintaining a commitment to the Twin Cities community. Our approach emphasizes speed, expertise, and a network of industry connections to help clients seize opportunities. With over $600 million in assets, we combine stability with innovative solutions for business growth.
Services
Business Banking
Loans
Specialty Funding
Merchant Services
Fraud Prevention
Details
- Year established: 1975
Highlights and features
- 50+ years of experience serving business clients with tailored financial solutions
- Direct access to decision-makers for faster loan approvals and customized services
- Specialized expertise in business lending, equipment financing, and mortgage warehouse funding
- Personalized approach combining big-bank capabilities with community bank service
- Strong local presence with nationwide service capabilities
Associations and certifications
- SBA (Small Business Administration)
What people say
Personal connections
Industry expertise
Tailored solutions
Responsive service
Strong relationships
Services
Business Loans
Fidelity Bank offers customized business loan solutions including lines of credit, term loans, and SBA loans. Our commercial lending team provides personalized financing options to support business growth and expansion. With direct access to decision-makers, clients receive timely approvals and tailored financial products that meet specific operational needs.
Equipment Financing
Our equipment financing solutions help businesses acquire necessary machinery and technology through flexible leasing options. The program offers competitive rates and terms aligned with asset depreciation schedules. Clients benefit from streamlined approval processes and dedicated equipment finance specialists who understand industry-specific requirements.
Merchant Services
Fidelity Bank's merchant services provide comprehensive payment solutions for in-store, online, and mobile transactions. The program includes advanced tools for inventory management, employee scheduling, and fraud prevention. Businesses gain access to competitive processing rates and dedicated support for optimizing payment operations across multiple channels.
Fraud Prevention
Our fraud prevention services include Positive Pay and ACH Filter systems for enhanced financial security. Real-time monitoring tools help detect and prevent unauthorized transactions while maintaining operational efficiency. Businesses receive customized protection strategies and expert guidance to mitigate evolving cybersecurity threats.
Specialty Funding
The specialty funding division offers unique financial solutions including mortgage warehouse lending and accounts receivable financing. These programs cater to niche business needs with flexible terms and rapid funding options. Clients benefit from industry-specific expertise and tailored capital solutions for specialized financial requirements.
People
Todd Williams
President and Chief Executive Officer
Todd Williams leads Fidelity Bank with over 25 years of commercial banking experience. He focuses on strategic growth and client relationship development while maintaining the bank's community-focused values. His leadership emphasizes personalized service and innovative financial solutions.
Jon Markfort
Senior Vice President and Chief Financial Officer
Jon Markfort oversees financial operations with expertise in banking finance and risk management. He ensures fiscal stability while supporting business growth initiatives. His experience includes strategic financial planning and regulatory compliance for commercial institutions.
Kelli Starkey
EVP Warehouse & Specialty Programs
Kelli Starkey directs specialty lending programs with deep expertise in mortgage warehouse and alternative financing. She develops innovative funding solutions for diverse business clients. Her leadership focuses on expanding access to specialized financial products.
Mike Heil
Executive Vice President, Commercial Lending
Mike Heil leads commercial lending initiatives with extensive experience in business finance. He specializes in structuring complex loan solutions for growing enterprises. His approach emphasizes understanding client industries to deliver effective financial strategies.
Mark Zitzewitz
Executive Vice President, Scale Funding Division
Mark Zitzewitz manages the Scale Funding division with expertise in alternative financing solutions. He oversees accounts receivable financing and factoring programs for business clients. His leadership focuses on delivering flexible capital solutions for operational growth.
Questions
What business banking services does Scale Bank offer?
Scale Bank provides business checking accounts, treasury management, credit cards, fraud prevention tools, and merchant services for business clients.
What loan options are available for growing businesses?
We offer lines of credit, term loans, equipment financing, SBA loans, and commercial real estate loans tailored to business needs.
Does Scale Bank provide equipment financing solutions?
Yes, our equipment financing program offers leasing options and loans for business equipment purchases with flexible terms.
How does Scale Bank support mortgage bankers?
We provide mortgage warehouse lending solutions for mortgage bankers of all sizes through our specialized funding programs.
What security measures protect business accounts?
Our fraud prevention tools include Positive Pay, ACH filters, and real-time transaction monitoring for enhanced account security.
Can businesses access 24/7 banking services?
Our online banking platform provides 24/7 access to account management tools, though branch services operate during regular business hours.
