ORRSTOWN FINANCIAL SERVICES INC
For the period ended Jun 17, 2024. Filed Jun 17, 2024.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jun 17, 2024 · Filed Jun 17, 2024
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(Former Name or Former Address, if Changed Since Last Report)
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Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
|---|---|---|
| Common Stock, no par value | ORRF | Nasdaq Stock Market |
Indicate by check mark if the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐ Emerging growth company
☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
| Item 8.01 | Other Events |
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On June 17, 2024, Orrstown Financial Services, Inc.(“Orrstown”) and Codorus Valley Bancorp, Inc. (“Codorus Valley”) jointly announced that they have received the requisite regulatory approvals and waivers from the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities to complete their previously announced merger of equals and the related merger of PeoplesBank, A Codorus Valley Company, with and into Orrstown Bank. Orrstown and Codorus Valley anticipate closing the transaction on July 1, 2024, subject to the satisfaction of customary closing conditions. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
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| (d) | Exhibits. |
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| Exhibit No. | Exhibit |
| 99.1 | Joint press release, dated June 17, 2024 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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