Fidelity Federal Bank, Glendale, Calif., the $3.5 billion-asset subsidiary of Bank Plus Corp., Los Angeles, elected president James E. Stutz to its board of directors.

Mr. Stutz, who is also chief operating officer, began his banking career at Fidelity Federal in 1964 as a teller.

He left for Homefed Bank in 1971 and rose through the ranks to executive vice president and chief operating officer.

Fidelity Federal rehired him in 1994 as head of its retail financial services group. Mr. Stutz was promoted to president last year and was given the additional title of chief operating officer in July.

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