First Fidelity Reserve Weathers Hurricane Ike and Lends a Helping Hand

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First Fidelity Reserve weathers hurricane Ike and lends a helping hand to others. Both CEO Jason Whitney and manager Matt Willey get their company up and running while providing assistance to others stricken by floods and hurricane damage.

Corporate Social Responsibility (CSR) has been a part of First Fidelity Reserve's culture and values for quite some time. Hurricane Ike was one of the reasons why we have and practice these initiatives.

First Fidelity Reserve, a national numismatic company selling coins and collectibles announced today it has completed its assessment of operations following Hurricane Ike and found no major damages to its facilities allowing it to return to normal business.

During hurricane Ike, First Fidelity Reserve's home office in Beaumont, Texas, lost all electric service for about a week. A temporary disaster recovery facility was subsequently set up with limited operations on Tuesday September 16, 2008 to reestablish contacts with clients and staff. Full company operation resumed on Thursday, September 18, 2008, once electrical power and other services were restored to the area.

Members of First Fidelity Reserve were active in numerous actions to assist other individuals that hurricane Ike had harmed. CEO, Jason Whitney, in conjunction with the 'Cathedral of the Pines' participated in helping to tarp damaged roofs of residents in the Beaumont area. Whitney said, "Corporate Social Responsibility (CSR) has been a part of First Fidelity Reserve's culture and values for quite some time. Hurricane Ike was one of the reasons why we have and practice these initiatives."

Mr. Whitney elaborated, "Another interesting humanitarian act was the assistance of our sales manager, Matt Willey, in boat rescues of individuals and animals stranded in flooded Fannett, Texas. After assisting numerous families, fate dealt Willy's group a new problem. Willey's boat engine died and his group became adrift. However Willey was able to grab hold of a tree and secure their boat before the tide drifted them out into open waters. After about a 30 minute grueling wait, in alligator infested waters, a Fannett VFD's rescue boat spotted them and came to their rescue."

First Fidelity Reserve's CEO, Jason Whitney and his wife Jessica were also instrumental in providing assistance to the first responders and National Guards contingent that helped restore and maintain order to the stricken Southeast Texas community. The company, First Fidelity Reserve, also provided financial assistance to some driven from their home without food or gas money.

Although the company experienced no damage, various First Fidelity Reserve employees did suffer damages to their homes and property during Hurricane Ike. The damages included destroyed roofs, broken windows, fallen trees and more, but regardless were back to work once the evacuation orders were lifted. The wide scale damage in the Beaumont area hampered repairs but in spite of it the First Fidelity Reserve family continued providing services including processing of customer orders, taking orders and shipping.

Jason Whitney, First Fidelity Reserve CEO, states, "Our hearts and prayers go out to those most affected by Hurricane Ike, and we wish everyone personally affected a safe and speedy recovery. While the hurricane activity has caused some short-term disruption to our company operations, we do not expect them to be significant, nor continuing. We are hoping for a speedy return to normalcy at our Beaumont office, so we can provide normal services to our loyal clients once again."

First Fidelity Reserve was founded in 1988, is a leading coin dealer located in South East Texas. The firm serves thousands of clients across the United States. They are located at 130 Shakespeare, Beaumont, TX 77706, and can be reached at 1-800-336-1630.


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David Hearne
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