Citadel spinoff thrift Fidelity Fed cuts staff by 100 as it posts $8 million loss for quarter.

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Citadel Holding Corp.; Fidelity Federal Bank F.S.B.

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Citadel spinoff thrift Fidelity Fed cuts staff by 100 as it posts $8 million loss for quarter.

Fidelity Federal Bank has laid off 100 employees since it was spun off from its parent Citadel Holding Corp. in August and will continue layoffs to reduce expenses in the coming months, an official of the thrift t...

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