- Orrstown Financial Services ( NASDAQ: ORRF ) said Friday its unit Orrstown Bank will sell its Path Valley branch in Pennsylvania to Juniata Valley Bank, a subsidiary of Juniata Valley Financial ( OTCQX:JUVF ).
- Juniata Valley Bank will assume certain deposit liabilities totaling ~$31.7M and buy certain assets.
- No Orrstown loans are being purchased or sold in the deal.
- The sale is expected to close in Q2 2023.
- Take a look at a comparison of Orrstown's ( ORRF ) key stats with its peers .
For further details see:
Orrstown Financial to sell bank branch in Pennsylvania to Juniata Valley Bank