Fidelity Bank /
Affinity Bancshares, Inc.
Fidelity Bank agrees to buy Affinity Bancshares in cash deal




Source for the buyer and target: Affinity Bancshares, Inc.
For the buyer and target.
“THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) is made and entered into as of the 30th day of March, 2026, by and among AFFINITY BANCSHARES, INC. (“Affinity”), AFFINITY BANK, NATIONAL ASSOCIATION (“Bank”), FIDELITY BANCSHARES (N.C.), INC. (“BancShares”), THE FIDELITY BANK (“Fidelity”), and TFB MERGER SUBSIDIARY, INC. (“Merger Sub”).”
Published 6 May 2026
Open the sourceWhat happened
Affinity Bancshares, Inc., the holding company for Affinity Bank in Covington, Georgia, would become a wholly-owned subsidiary of Fidelity Bank under a merger agreement described in this preliminary proxy statement. Under the terms, each share of Affinity common stock would be converted into the right to receive $23.00 in cash. [01]
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Fidelity Bank agrees to buy Affinity Bancshares in cash deal
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