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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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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 ...
HomeTrust Bank was founded in 1926 as Clyde Building and Loan, in Clyde, North Carolina. [2] Later, the name changed to Clyde Savings and Loan Association, and then Clyde Savings Bank. Ed Broadwell joined the bank in 1965 at age 27, the youngest bank president in the state. The bank had $10 million in assets, and five people worked there.
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