Fidelity Bank to Acquire Affinity Bancshares for $142.8M

Fidelity Bank, based in Fuquay-Varina, North Carolina, has agreed to acquire Affinity Bancshares in Norcross, Georgia for $142.8 million. The transaction is all-cash and will bring Fidelity its first presence in the state of Georgia.

Affinity Bancshares operates two branches, both within the Atlanta metropolitan statistical area. The combined plan is aimed at expanding Fidelity’s Georgia footprint, while leveraging Affinity Bank’s local reputation and customer base.