Fidelity BancShares (N.C.) Acquires Affinity Bancshares and Affinity Bank to Enter Georgia

Heritage Bancshares to Acquire Fidelity State Bank and Trust Company

December 13, 2024

Financial Services

Heritage Bancshares, Inc. (Heritage Bank) and Fidelity Kansas Bankshares, Inc. jointly announced the signing of a stock purchase agreement under which Heritage Bancshares will acquire Fidelity State Bank and Trust Company. Following closing, Fidelity will be merged into Heritage Bank as the surviving entity, which is expected in Q2 2025 subject to customary approvals.

FNB Corporation to Acquire UB Bancorp (Union Bank) in All-Stock Merger

July 21, 2022

Financial Services

UB Bancorp, parent of Union Bank, announced that it has signed a definitive merger agreement under which FNB Corporation will acquire UB Bancorp in an all-stock transaction. The deal is contemplated to close during the fourth quarter of 2022, subject to regulatory approval and UB Bancorp and FNB shareholder approvals.

FirstBanc of Alabama Completes Acquisition of First Fidelity Bank (FBDC Financial Corporation)

December 10, 2025

Financial Services

FirstBanc of Alabama, Inc. (parent of First Bank of Alabama) completed its acquisition of FBDC Financial Corporation, the parent company of First Fidelity Bank, under a merger agreement previously announced in December 2025. The deal values FBDC at $20.5 million in aggregate consideration (60% stock / 40% cash), and adds First Fidelity Bank’s locations in Fort Payne, Ider, and Rainsville to expand First Bank of Alabama’s northeast Alabama footprint.

United Bankshares to Acquire Piedmont Bancorp

May 10, 2024

Financial Services

United Bankshares entered into a definitive merger agreement to acquire Piedmont Bancorp, the parent company of The Piedmont Bank, in an all-stock transaction valued at approximately $267 million. The deal received all required regulatory approvals, with the merger expected to close in early 2025 and Piedmont to merge into United.

F.N.B. Corporation Acquires Howard Bancorp, Inc. in $418 Million Stock Deal

January 24, 2022

Financial Services

F.N.B. Corporation (NYSE: FNB) announced and later completed its merger to acquire Howard Bancorp, Inc. (NASDAQ: HBMD) for an all-stock transaction valued at approximately $418 million. The deal included Howard Bancorp’s wholly owned banking subsidiary, Howard Bank, with customers transitioning to FNB systems and branding in early February 2022.

Fidelity Bank Plc to Acquire Union Bank UK

August 30, 2022

Financial Services

Fidelity Bank Plc has entered into a binding agreement to acquire 100% of Union Bank United Kingdom Limited (Union Bank UK), subject to approval from the UK Prudential Regulation Authority. The Central Bank of Nigeria has issued a letter of no objection; the deal represents Fidelity's first international expansion to broaden its trade and diaspora banking services.