Rule 424(b)(3)
Registration No. 333-16645
Prospectus Supplement To Prospectus dated December 5, 1996.
FIDELITY FEDERAL BANCORP
15,000 SHARES OF COMMON STOCK
McDonald & Company Securities, Inc. ("McDonald") has purchased
in the aggregate 15,000 shares of the Common Stock ("Common Stock") of
Fidelity Federal Bancorp from the following Selling Security Holders:
Pedcor Investments, a Limited Liability Company 15,000 Shares
McDonald purchased the Common Stock on December 13, 1996, from
such Selling Security Holder at a net price of $9.00 per share. McDonald
anticipates that it will, from time to time, reoffer the Common Stock
for sale at a price or prices determined by it. This description of the
particular terms of this sale supplements the description of the
offering set forth in the Prospectus to which this Prospectus Supplement
relates.
MCDONALD & COMPANY SECURITIES, INC.
The date of this Prospectus Supplemental is December 13, 1996.
