Fidelity Bank (Bahamas) Limited is committed to providing support to the communities that make up the archeological nation of the Commonwealth of The Bahamas.
It is a commitment that goes beyond offering financial products, services and expertise that help thousands of Bahamian families; and includes giving away thousands of dollars each year to activities which support community development and improve the socio-economic conditions of Bahamians.
The Donations Committee comprises of five (5) persons and was created to centralize and expedite the immense amount of charity requests received by the Bank throughout the year. Based on the Fidelity’s guiding philosophy of “we’re good for you”, the Donations Committee's primary goal is to contribute to the creation and maintenance of educational and vocational opportunities for youth in The Bahamas. We are a proponent of the principle “it takes a village to raise a child.” The Donations Committee meets twice per month. During these meetings, the Donations Committee reviews all charity requests and also considers/creates community initiatives which Fidelity may sponsor that are in line with Fidelity’s core values, i.e. youth development and education.
While Fidelity has donated finances to charitable causes and organizations throughout the year, Fidelity staff also donate their time to projects that serve the community. Since the creation of Fidelity’s Volunteer Program, Fidelity staff have served over 1,000 man-hours.
Fidelity staff have volunteered at the following events and charities:
It takes more than dollars to make a difference. Our employees proudly volunteer countless hours to positively impact the lives of the people who live in our communities.
At Fidelity Bank, our aim is to make it easy for our employees to be involved because of three important reasons:
Fidelity maintains a network of eighty-five (85) employee volunteers.
Thank you for inviting us to support your charitable initiative. So that we may give your request full consideration, please complete and return your letter of request at least 30 days prior to your event or initiative. You may send your letter via email: FGDonationsCommittee@fidelitybahamas.com
We receive many donation requests each year and while we cannot support all of them our aim is to spread as much of the funding available to us as possible; in particular, focusing on smaller reputable charities that may not be as well-known in the community.
We are excited to partner with a new charitable organization each quarter. We ask our customers to donate to the charitable organizations or causes through the Charity Boxes placed at each branch and in turn Fidelity matches these contributions $1 for $1 up to $10,000. Fidelity does this in order to support the charitable work of numerous non-profit organizations! Charities which we have donated to include:
We are very excited to raise support for charities in need which may not necessarily be prominent with the community, however, which provide necessary outreach within our community.
Fidelity has an annual commitment to several charitable causes and organizations. These include:
In 2016, Fidelity adopted Naomi Blatch, a publicly run preschool off Blue Hill Road and directly behind our Wulff Road branch. The school caters to students aged 4 through 5. Each year, Fidelity supplies uniforms for each student enrolled in the school, in addition to school supplies, in partnership with Nassau Paper Company. These items are presented during an annual one day Back to School fair. During this event, each child is provided with a sleeping mat, a lunch eating mat, black and white books, coloring books and crayons along with a tote bag, which parents had been informed during registration they would not have to purchase. In addition, Fidelity staff volunteers take time to expose parents to what a healthy lunch pack for their children should entail as they gave out lunch sacks filled with fruit offerings.
Fidelity also recently outfitted a computer lab and resource room for the school inclusive of computers, listening centers, wireless internet and a projector system. Dubbed the Fidelity Kids Corner, the room is outfitted with computers, listening centers, new shelving and furniture. The Brighter Bahamas Foundation partnered with Fidelity to provide books appropriate for preschoolers, with a donation of 300 books to the reading and resource room.
Bain and Grants Town Member of Parliament, Travis Robinson, praised Fidelity for its work in creating a safe, 21st century learning space for children. “I commend the leadership of Fidelity for giving back to the community and its continued sponsorship of Naomi Blatch Preschool, particularly by creating a place where these students can develop their literacy skills.” he said.
The Fidelity Pays for “A”s Education Plan (the Plan) was launched by Royal Fidelity Merchant Bank & Trust Limited (RFMBT) in November 2013 in memory of Phillippa Ferguson-Wilson, a former member of RFMBT’s management team. The Plan is open to all employees of Fidelity Bank (Bahamas) Limited (FBBL) and RFMBT. As of 31st August 2017 there are 81 children enrolled in the Plan.
The Plan comprises two (2) components:
The Academic Plan comprises three (3) award programmes: (1) Report Card - “A” Grade Awards, (2) Core Examinations (BJC and BGCSE) – National Student Achiever Awards and (3) Student Achiever Awards - 6th Grader and 12th Grader. At the launch of the Plan in November 2013, there was a total of 42 students enrolled in The Academic Plan. As of 31st August 2017, there is a total of 63 students enrolled in The Academic Plan.
The Education Savings Plan aims to incentivize our employees to save separately for the education costs of their children. They may establish a FPA Account and earn 5% interest per annum on deposited funds.
Once per year, Fidelity hosts an awards ceremony highlighting students’ achievements over the course of the academic year. In 2017, forty-four (44) students were recognized for ‘A’ grades during the 2016-2017 academic year. All awardees are also featured on the FPA wall.