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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.
The merger will create a community bank with approximately $5.2 billion in assets.
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If you want to know who really controls Orrstown Financial Services, Inc. ( NASDAQ:ORRF ), then you'll have to look at...
The three founding community banks were: The First National Bank of Neenah, founded in 1861; Kellogg Citizens National Bank, Green Bay, founded 1874; and Manitowoc Savings Bank, founded in 1884. 1989 – Acquired the Associated De Pere Bank of De Pere, Wisconsin; 1991 – Acquired Farmers State Bank of Pound, Wisconsin, and F&M Financial Services
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 ...
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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