Fidelity Bank to Acquire Affinity Bank in $142.8M Deal

Fidelity BancShares (N.C.), Inc. has announced a definitive merger agreement to acquire Affinity Bancshares, Inc. in an all-cash transaction valued at approximately $142.8 million. This acquisition will expand Fidelity’s footprint into the Georgia market, creating a combined entity with $5.5 billion in total assets. The transaction is expected to close in the third quarter of 2026, pending regulatory and stockholder approvals.

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