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The merger will create a community bank with approximately $5.2 billion in assets.
Orrstown Financial Services, parent company of Orrstown Bank, and Codorus Valley Bancorp, parent company of PeoplesBank, have entered an agreement for Codorus Valley to merge into Orrstown.
Orrstown is located in northeastern Franklin County at the intersection of Pennsylvania Routes 433 (Rowe Run Road) and 533 (Orrstown Road). PA 433 leads northwestward 5 miles (8 km) to Roxbury and south 5 miles to the Letterkenny Army Depot. Chambersburg, the county seat, is 11 miles (18 km) to the south via PA 433 and U.S. Route 11
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Banking is a competitive business. It's likely that if you sit and think for even a moment, you can name five, 10 or even more banks just in your own neighborhood. From the perspective of a ...
In 1974, the bank moved its headquarters to Warren, Pennsylvania.While still known as Northwest Mutual Savings Association, the bank acquired a number of other financial institutions including Ridgway Federal Savings and Loan Association in 1983, Mutual Savings and Loan Association in 1984, Bakerstown Savings and Loan Association in 1985, Horizon Savings Association in 1990, Steitz Savings and ...
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