Affinity Bancshares Acquisition | Financial Services Deal in GA

Fidelity BancShares (N.C.), Inc. has acquired Affinity Bancshares, a banking business in Georgia, for $23.00. Affinity Bancshares operates as a financial services provider through Affinity Bank, serving customers in Covington, Georgia and supporting retail and commercial banking needs. The strategic acquisition expands Fidelity Bank’s footprint in GA acquisitions by combining holding company and bank merger structures into Fidelity Bank as the surviving entity. The merger acquisition is a strategic acquisition in financial services M&A, with stockholder approval sought at a virtual special meeting scheduled for July 7, 2026.