Brief: Orrstown Financial Services Intends To Close Six Branch Locations

Orrstown Financial Services

05/08/2024 23:15

Aug 5 (Reuters) - Orrstown Financial Services Inc
 ORRF.O :
    * ORRSTOWN FINANCIAL SERVICES INC - INTENDS TO CLOSE SIX
BRANCH
LOCATIONS
    * ORRSTOWN FINANCIAL SERVICES INC - BRANCH CLOSURES WILL
RESULT IN
A ONE-TIME PRE-TAX CHARGE OF ABOUT $534 THOUSAND
    * ORRSTOWN FINANCIAL SERVICES - ONCE COMPLETED, BRANCH
CLOSURES
ARE EXPECTED TO GENERATE ABOUT $1.7 MILLION OF PRE-TAX ANNUAL
EXPENSE SAVINGS

Source text for Eikon:  ID:n0000826154-24-000188 
Further company coverage:  ORRF.O 

 ((Reuters.Briefs@thomsonreuters.com;))