Heritage Bancshares to Acquire Fidelity State Bank and Trust Company
December 13, 2024
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.
- Buyers
- Heritage Bancshares, Inc.
- Targets
- Fidelity State Bank and Trust Company, Fidelity Kansas Bankshares, Inc.
- Industry
- Financial Services
- Location
- Kansas, United States
- Transaction Type
- Buyout
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