---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000221"
form_type: "8-K"
ticker: "AFBI"
cik: "0001823406"
company_name: "Affinity Bancshares, Inc."
filed_at: "2024-05-30T23:59:59+00:00"
generated_at: "2026-06-01T07:27:48.595848+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Affinity Bancshares agrees to all-cash sale of Affinity Bank to Atlanta Postal Credit Union for $22.50/share

## Summary
- APCU will acquire Affinity Bank via purchase and assumption of substantially all assets and liabilities.
- Affinity shareholders expected to receive $22.50 per share in cash, net of taxes, following liquidation.
- Transaction approved by both boards; expected to close Q4 2024 or Q1 2025.
- Closing subject to regulatory approvals, Affinity shareholder vote, and customary conditions.
- Affinity Bank branches in Newton County and Northwest Atlanta to continue operating under APCU.

## SEC filing metadata
- accession: 0000943374-24-000221
- form_type: 8-K
- ticker: AFBI
- cik: 0001823406
- company_name: Affinity Bancshares, Inc.
- filed_at: 2024-05-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823406/000094337424000221/0000943374-24-000221-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823406/000094337424000221/form8k_053024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000221
- JSON: https://secwatch.observer/filing/0000943374-24-000221.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000221.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.