Acnb corporation announces completion of traditions bancorp, inc. acquisition

Gettysburg, pa., feb. 03, 2025 (globe newswire) -- acnb corporation (nasdaq: acnb), the parent financial holding company of acnb bank, a pennsylvania state-chartered, fdic-insured community bank, headquartered in gettysburg, pa, announced the completion of the acquisition of traditions bancorp, inc. (“traditions”) and its wholly-owned subsidiary, traditions bank, headquartered in york, pa, effective february 1, 2025. traditions was merged with and into a wholly-owned subsidiary of acnb corporation immediately followed by the merger of traditions bank with and into acnb bank. acnb bank will operate the former traditions bank branches as “traditions bank, a division of acnb bank”. in connection with the close of the acquisition, traditions stockholders received 0.7300 shares of acnb corporation common stock for each share of traditions common stock that they owned as of the closing date, with cash paid in lieu of fractional shares.
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