In Brief: Fidelity Southern Forms and Agency

Published July 21, 2005, 1:00 a.m. EDT

Updated July 20, 2005, 3:14 p.m. EDT

1 Min Read

Fidelity Southern Corp., the parent of Fidelity Bank in Atlanta, has formed an insurance agency, LionMark Insurance Co.

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The agency, approved by the Georgia Department of Insurance in December, opened in June.

LionMark will initially market a credit loss protection insurance product, said James B. Miller Jr., Fidelity Southern's chairman, in a new release Wednesday. He said the earnings enhancement is not expected to be material in the first year of operations.

Fidelity will offer LionMark's credit-related insurance products through 19 branches in Atlanta and an insurance office in the city. David Buchanan is LionMark's president; James A. Duryea is its vice president.

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