ACNB Corporation Acquires Traditions Bancorp, Inc.
July 24, 2024
ACNB Corporation (NASDAQ: ACNB) has agreed to acquire Traditions Bancorp, Inc., the holding company for Traditions Bank, in an all-stock transaction valued at approximately $73.5 million. The deal, expected to close in Q1 2025 pending approvals, expands ACNB's community banking footprint in York and Lancaster counties and creates a combined pro forma company with about $3.3 billion in assets.
- Buyers
- ACNB Corporation
- Targets
- Traditions Bancorp, Inc.
- Industry
- Financial Services
- Location
- Pennsylvania, United States
- Transaction Type
- Buyout
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