Affinity Bancshares Acquisition | Financial Services Deal in GA

Affinity Bancshares acquisition: Affinity Bancshares, Inc. has agreed to merge with Fidelity BancShares (N.C.), Inc. in a strategic acquisition of a Georgia banking company, with the merger acquisition valued at $23.00. Affinity Bancshares operates as a banking holding company in Covington, Georgia, providing retail and commercial banking services through its banking subsidiary. The buyer structure includes a holding company merger and bank-level merger where Affinity Bank and the Fidelity Bank entities combine, creating a larger financial services platform in GA acquisitions. This financial services M&A is a strategic acquisition and merger acquisition, with stockholders voting at a virtual special meeting scheduled for July 7, 2026, and an advisory non-binding vote on executive compensation tied to the mergers.