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.

After Mr. Andry, Sr.'s death in 1954, James H. Groetsch, a longtime member of the board, was elected president. Upon his death in 1956, Allain C. Andry, Jr., an attorney who was a member of the board since 1932, was elected to the presidency of the association.

In July 1984, Mr. Andry, Jr., was elevated to the position of chairman of the board, and William R. Hogan, Jr., C.P.A., and a member of the board since 1955, was elected president. Upon the death of Mr. Andry, Jr., in January, 1987, Allain C. Andry, III, an attorney and a member of the board since 1972, was named chairman of the board. Mr. Hogan, Jr., passed away in March of 1996.

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.