ACNB Corporation announced the completion of its acquisition of Traditions Bancorp, Inc. and its subsidiary, Traditions Bank, effective February 1, 2025. Traditions was merged into a wholly-owned subsidiary of ACNB Corporation, with Traditions Bank merging into ACNB Bank.
Traditions stockholders received 0.7300 shares of ACNB Corporation common stock for each share of Traditions common stock they owned. Three former Traditions directors, Eugene J. Draganosky, Elizabeth F. Carson, and John M. Polli, joined the Boards of Directors of ACNB Corporation and ACNB Bank.
The combined entity now has approximately $3.26 billion in assets, $2.54 billion in deposits, and $2.36 billion in loans, based on financial information as of December 31, 2024. ACNB Corporation will serve customers through 35 community banking offices across Southcentral Pennsylvania and Northern Maryland, significantly expanding its footprint in the York and Lancaster County markets.
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