Fidelity Homestead Savings Bank

Fidelity Homestead Association was formed on December 28, 1908, and is a mutual institution chartered by the state of Louisiana. "Homestead" is a term used only in Louisiana when referring to a savings and loan. The purpose of the savings and loan industry is to give people a safe place to save money and to provide funds for housing.

From its very inception, the savings and loan business has been concerned with thrift and home ownership by individual savers and borrowers. The original incorporators of Fidelity Homestead Association, among others, were Meyer S. Dreifus, a prominent attorney, and Allain C. Andry, Sr., a New Orleans businessman. After incorporation, Oscar Schumart, a financier, became the first president and Allain C. Andry, Sr. became secretary and remained in the position until his election to president in the early 1940s.

In April 2007, the name Fidelity Homestead Association, was officially changed to Fidelity Homestead Savings Bank, which allowed us to offer even more quality products and services to our customers. The Fidelity focus remains the same today—our customers.