Fidelity Bank appoints Shawn Tolf to Vice President, Business Services Sales Representative


Fidelity Bank announced the appointment of Shawn Tolf to Vice President, Business Service Sales Representative. In this role, he will work with business clients, providing personalized service and a variety of Business Services and Cash Management solutions, to help them grow, optimize their cash flow, and reduce fraud. He will be based at the bank’s headquarters at the Leominster Connector.

Tolf comes to Fidelity Bank from Eastern Bank, where he served as Business Banking Relationship Manager and oversaw commercial, industrial and commercial real estate lending as well as deposit growth and fee revenue from cash management and other ancillary services. Prior to Eastern Bank, Tolf spent 15 years at Citizens Bank where he held a variety of roles, including Branch Manager and Business Banking Relationship Manager.

“Shawn’s many years of banking experience combined with his tendency of caring for his clients and their business aligns perfectly with our LifeDesign banking approach and C.A.R.E. Process. Shawn will serve our clients well helping them make decisions with clarity and confidence to get where they want to be,” said Lesly Murray, senior vice president, director, Business Services.

A graduate of Nashoba Regional High School, he attended Quinsigamond Community College. In the community, Tolf serves as a mentor for Entrepreneurship for All (EforAll), an organization accelerating economic and social impact in communities nationwide through inclusive entrepreneurship.

He resides in Lunenburg with his wife and three children.

About Fidelity Bank:
Founded in 1888, Fidelity Bank is one of the strongest independent community banks in Central and Eastern Massachusetts. Celebrating its 20-year anniversary as the brand promise to the community, Fidelity Bank’s unique LifeDesign approach to banking provides the care and clarity needed to make informed decisions with confidence. The Bank offers a range of personal and business banking solutions to clients in 13 full-service banking centers in Leominster, Worcester, Fitchburg, Needham, Gardner, Shirley, Barre, Millbury, Paxton, Princeton, and Winchendon. The Bank has consistently earned a “5 Star” rating from BauerFinancial, Inc., the nation’s leading independent bank rating and research firm. Fidelity Bank was the only bank in Central and Western Massachusetts recognized as one of Forbes “America’s Best Banks in Each State 2022,” in addition to being voted Worcester Telegram & Gazette Best Financial Services in Central Massachusetts and placing on the Boston Globe’s Top Places to Work list six times. As of June 30, 2023, the bank had total assets of approximately $1.4 billion. For more information, visit