ACNB Corporation: A New Chapter in Pennsylvania Banking

ACNB Corporation (NASDAQ: ACNB), the parent financial holding company of ACNB Bank, has announced the completion of its acquisition of Traditions Bancorp, Inc. ("Traditions") and its wholly-owned subsidiary, Traditions Bank, effective February 1, 2025. This strategic move significantly enhances ACNB's competitive position in the Pennsylvania banking sector and creates a more robust regional financial institution.

The acquisition, which was approved by shareholders of both companies in December 2024, brings together two well-established community banks with a shared vision and customer-centric approach. ACNB Bank will operate the former Traditions Bank branches as "Traditions Bank, A Division of ACNB Bank," preserving the Traditions brand and maintaining its local market identity. In addition, Traditions' mortgage operations will be integrated under the 'Traditions Mortgage' division, providing ACNB with a valuable revenue diversification opportunity.

With the completion of the acquisition, ACNB Corporation now has approximately $3.26 billion in assets, $2.04 billion in deposits, and $2.36 billion in loans, serving customers through 35 community banking offices in south central Pennsylvania and northern Maryland. This expansion allows ACNB to tap into new markets, particularly York and Lancaster Counties, and enhance its mortgage operations across the combined footprint.

The integration of Traditions into ACNB brings several strategic advantages, including:

1. Expanded Market Presence: ACNB's footprint now covers 35 community banking offices, significantly increasing its market presence and customer base.
2. Diversified Revenue Streams: The integration of Traditions' mortgage operations offers a valuable revenue diversification opportunity, reducing reliance on a single product or service.
3. Enhanced Governance: The addition of three former Traditions directors to ACNB's Board of Directors brings over 100 years of combined banking and business expertise, facilitating smoother stakeholder management and maintaining strong connections in key growth markets.
4. Preservation of Customer Relationships: The retention of the Traditions brand as a division of ACNB Bank demonstrates a thoughtful approach to preserving customer relationships and market goodwill, which is crucial in community banking.

The acquisition of Traditions Bancorp by ACNB Corporation creates a more formidable competitor in the regional banking market, providing strategic advantages such as expanded market presence, diversified revenue streams, enhanced governance, and preservation of customer relationships. This combination positions ACNB well to continue growing in attractive markets and enhancing shareholder value.




In conclusion, the completion of ACNB Corporation's acquisition of Traditions Bancorp, Inc. marks a significant milestone in the evolution of the Pennsylvania banking landscape. This strategic move allows ACNB to expand its market presence, diversify revenue streams, enhance governance, and preserve customer relationships. As ACNB continues to integrate Traditions' operations, investors can expect to see the benefits of this acquisition reflected in the company's financial performance and market position.