Affinity Bancshares Acquired by Fidelity Bank | Financial Services M&A Deal

Fidelity Bank has acquired Affinity Bancshares, a banking business in Georgia, for $404 million. Affinity Bancshares operates as a community-focused financial services provider, serving customers across the Atlanta area with deposit and lending products. Fidelity Bank acquisitions are designed to expand its footprint in GA acquisitions and strengthen commercial and consumer banking capabilities through this merger acquisition. The Affinity Bancshares acquisition is a strategic acquisition within financial services M&A, with deal activity in March reported at about $404 million. The merger acquisition is announced and expected to close after regulatory review and customary banking deal terms.