Mutual Termination of Purchase and Assumption Agreement Sample Contracts

MUTUAL TERMINATION OF PURCHASE AND ASSUMPTION AGREEMENT AND MUTUAL RELEASE

Mutual Termination of Purchase and Assumption Agreement • December 30th, 2024 • Affinity Bancshares, Inc. • Savings institutions, not federally chartered • Georgia

• Contract Type
  Mutual Termination of Purchase and Assumption Agreement
• Filed
  December 30th, 2024
• Company
  Affinity Bancshares, Inc.
• Industry
  Savings institutions, not federally chartered
• Jurisdiction
  Georgia

This Mutual Termination of Purchase and Assumption Agreement and Mutual Release (this “Agreement”), dated as of December 30, 2024, is made by and among Atlanta Postal Credit Union, a Georgia state-chartered credit union with its main office located in Atlanta, Georgia (“Buyer”), Affinity Bancshares, Inc., a Maryland corporation (“Holding Company”), and Affinity Bank, National Association, a national bank having its home office in Covington, Georgia (“Seller”). Buyer, Seller and Holding Company are each referred to herein as a “Party” and collectively referred to as the “Parties”.