Orrstown to redeem $31M subordinated notes; discloses vendor data breach

Filed May 29, 2026 · Period ending May 29, 2026 · ~1 min read

Key Changes

• medium

  Company will redeem all $31 million of 4.5% fixed-to-floating subordinated notes on June 30, 2026 at par plus accrued interest, eliminating debt assumed in 2024 Codorus Valley merger currently costing 7.72%.

  Item 8.01 verify on EDGAR →
• medium

  Third-party vendor breach exposed customer personal information on May 21, 2026; Orrstown's own systems unaffected, no evidence of data misuse, affected customers receiving credit monitoring.

  Item 8.01 verify on EDGAR →
• low

  Management states vendor incident not expected to materially impact operations or financial results, though acknowledges potential legal and regulatory risks.

  Item 8.01 verify on EDGAR →