Affinity Bancshares to Merge with Fidelity Bancshares

Affinity Bancshares, Inc. and Fidelity Bancshares (N.C.), Inc. have entered into an agreement and plan of merger, with Affinity Bank, National Association, the Fidelity Bank, and a TFB Merger Subsidiary involved in the transaction structure.

The filing excerpt indicates the merger agreement is effective as of March 30, 2026. The document includes provisions covering the nature of the transaction, conversion and exchange of stock, treatment of Affinity stock equity awards, and closing/effective time mechanics, along with regulatory approval covenants.