QNB Corp. and The Victory Bancorp, Inc. have secured shareholder approval for their previously announced merger transaction. Both companies' shareholders voted in favor of the combination, which was originally unveiled on September 23, 2025, clearing a significant milestone in the transaction process.
The Pennsylvania Department of Banking and Securities has already granted regulatory approval for the merger. The transaction is anticipated to reach completion during the second quarter of 2026, contingent upon satisfaction of customary closing conditions and receipt of remaining required regulatory authorizations from federal banking authorities.
With shareholder and initial state-level regulatory clearances now in place, the merger is progressing toward its anticipated timeline. The transaction still requires final federal regulatory approvals before the combined entity can formally complete the integration.