ACNB Corporation Receives Regulatory Approvals for Traditions Bancorp Acquisition

ACNB Corporation, the parent entity of ACNB Bank, has received all necessary regulatory approvals for its acquisition of Traditions Bancorp, Inc., pending shareholder votes. Regulatory consents were obtained from the Federal Deposit Insurance Corporation, Pennsylvania Department of Banking and Securities, and a waiver from the Federal Reserve Bank of Philadelphia. Shareholders from both entities will vote in December 2024 to approve the issuance of ACNB shares as part of the acquisition process. The deal, if approved, will close on February 1, 2025. ACNB Corporation, with assets over $2 billion, operates several community banking offices and insurance services, while Traditions Bancorp features assets of $859 million with multiple branches across Pennsylvania. The merger is positioned to expand ACNB's market reach, offering enhanced financial services across the regions served by both banks.