Orrstown Financial Services, Inc.
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- Orrstown Financial Services, Inc. (NASDAQ: ORRF) operates as the holding company for Orrstown Bank, a regional community bank providing commercial banking, consumer banking, and wealth management services to retail, commercial, non-profit, and government clients across Pennsylvania and Maryland. Founded in 1919 and headquartered in Harrisburg, Pennsylvania, the company offers deposit products including checking, savings, time, demand, and money market deposits as well as certificates of deposit; lending services encompassing commercial real estate, equipment, construction, working capital, industrial, home equity, consumer, residential mortgage, acquisition and development, municipal, and installment loans; wealth management and fiduciary services such as trustee, executor, administrator, guardian, custodian, and investment advisory through Orrstown Financial Advisors; insurance products; and retail brokerage services via third-party arrangements. Orrstown Bank maintains 51 banking offices across 12 counties in Pennsylvania and Maryland, supported by loan production centers, with total assets of approximately $5.3 billion. In July 2024, the company completed a merger of equals with Codorus Valley Bancorp, Inc., acquiring PeoplesBank in an all-stock transaction valued at $207 million to expand its footprint, enhance lending capacity, and broaden product offerings in central and eastern Pennsylvania as well as the greater Baltimore area.
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