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Financial services firm Codorus Valley will merge with Orrstown Financial in an all-stock deal, creating a bank with $5.2 billion in assets. The banks said on Tuesday their boards had...
HARRISBURG, Pa. (WHTM) — The parent companies of Shippensburg-based Orrstown Bank and York-based PeopleBank announced Tuesday afternoon they plan to merge, creating a bank with more than 50 branches in Pennsylvania and $5.2 billion in assets. The merged bank will be headquartered in Harrisburg, with an “operations center” in York. Individually, Orrstown Bank currently ranks […]
MILWAUKEE, Dec. 12, 2023 /PRNewswire/ -- Ademi LLP is investigating Codorus Valley for possible breaches of fiduciary duty and other violations of law in its transaction with Orrstown. ...
The bank will have 51 branches stretching from eastern and central Pennsylvania --Orrstown serves Berks County -- into the Baltimore area.
Shares of Codorus Valley Bancorp, Inc. (CVLY) rose by 9% on Wednesday after the company agreed to merge with Orrstown Financial Services, Inc. in an all-stock transaction estimated to be worth $207 million.