Fidelity D&D Bancorp Inc. has announced the termination of Michael J. Pacyna Jr. from his role as Executive Vice President and Chief Credit Officer of Fidelity Deposit and Discount Bank. Under the terms of a separation agreement, Mr. Pacyna will receive severance pay for 28 weeks and his 2025 executive bonus, totaling $239,975.02. He may also be eligible for additional severance equivalent to 80% of his last weekly salary for up to 12 weeks, potentially amounting to $46,587.64. The Bank will continue paying its share of his health insurance premiums through June 30, 2026, totaling $10,930.86, with the possibility of extending this benefit through September 30, 2026, under certain conditions. The non-compete period in his employment agreement has been reduced from two years to 15 months, and his supplemental executive employment plan will remain in effect. The agreement also includes a standard release of claims provision.