FB Bancorp Acquires Fidelity's Mortgage Division, Nola Lending Group, First Federal Acquisition of its Kind

Monday, Jan 5, 2026 5:21 pm ET1min read
FBLA--

FB Bancorp Inc, a Louisiana-chartered mutual savings bank, has acquired Nola Lending Group, Fidelity's mortgage division, making it the first federal bank to do so. The acquisition expands the bank's mortgage banking operations, which consist of interest earned on mortgage loans held for sale, gains on sales of loans in the secondary market, and mortgage loan origination fee income.

FB Bancorp Acquires Fidelity's Mortgage Division, Nola Lending Group, First Federal Acquisition of its Kind

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