FUQUAY-VARINA, North Carolina (March 9, 2021) – Fidelity Bank is pleased to announce Kale Gaston has joined its team as Director of Government Guaranteed Lending. In his new position, Mr. Gaston is responsible for the overall Government Guaranteed Lending programs at Fidelity Bank.  This will allow Bank customers to access lending programs through the Small Business Administration (SBA) and United States Department of Agriculture (USDA).

Kale has 35 years of experience assisting small businesses throughout the country and is well-respected across the industry. Prior to joining Fidelity Bank, he worked for Lendstream Small Business Finance as President. He also held SBA leadership positions at Wells Fargo, TD Bank and Bank of America.  In addition to his financial background, Kale serves on the Board of Directors for the National Association of Government Guaranteed Lenders and as a board member of Pursuit Community Finance, a Certified Community Development Financial Institution.

“We are very excited to bring Kale on to our team.  This will provide our customers with more lending options as our Bank continues to grow and will allow us to provide the same high-touch service that we do with meeting our customers conventional lending needs,” said Mary Willis, Fidelity Bank President and CEO.  “Last year, our teams were extremely successful in helping our customers secure funding through the Paycheck Protection Program.  As we begin to build our new Government Guaranteed Lending division, I’m excited for the opportunity to serve more of our neighbors throughout our communities.”

Mr. Gaston graduated from Bethany College with a Bachelor of Arts in Business.  He also received his Master of Business Administration degree from Wichita State University.  He currently resides in Huntersville, North Carolina with his wife, Jennifer.

Fidelity Bank is a full-service financial institution with assets of approximately $2.9 billion headquartered in Fuquay-Varina, North Carolina. The Bank owns and operates 54 branches throughout North Carolina and Virginia; and was awarded a 5-star superior rating by BauerFinancial.