Codorus

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce a Merger of Equals to Create a Premier Pennsylvania and Maryland Community Banking Franchise

Retrieved on: 
Tuesday, December 12, 2023
Culture, Partnership, CFO, Marketing, Administration, Financial services, Holland & Knight, PeoplesBank, P. A. Thomas, Keefe, Bruyette & Woods, Codorus, Growth, Baltimore metropolitan area, Security (finance), Organization, Management

This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.

Key Points: 
  • This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.
  • The combined company will operate under the "Orrstown Financial Services, Inc." name, and the combined bank will operate under the "Orrstown Bank" name.
  • The combined company's Board of Directors will consist of seven directors from Orrstown and six directors from Codorus Valley.
  • Codorus Valley directors and executive officers have entered into agreements with Orrstown pursuant to which they have committed to vote their shares of Codorus Valley common stock in favor of the merger of Codorus Valley with and into Orrstown.

Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce a Merger of Equals to Create a Premier Pennsylvania and Maryland Community Banking Franchise

Retrieved on: 
Tuesday, December 12, 2023
Culture, Partnership, CFO, Marketing, Administration, Financial services, Holland & Knight, PeoplesBank, P. A. Thomas, Keefe, Bruyette & Woods, Codorus, Growth, Baltimore metropolitan area, Security (finance), Organization, Management

This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.

Key Points: 
  • This merger is a testament to our dedication to innovation, client satisfaction, community engagement and long-term growth in the dynamic landscape of the financial industry.
  • The combined company will operate under the "Orrstown Financial Services, Inc." name, and the combined bank will operate under the "Orrstown Bank" name.
  • The combined company's Board of Directors will consist of seven directors from Orrstown and six directors from Codorus Valley.
  • Codorus Valley directors and executive officers have entered into agreements with Orrstown pursuant to which they have committed to vote their shares of Codorus Valley common stock in favor of the merger of Codorus Valley with and into Orrstown.

CVLY Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Codorus Valley Bancorp, Inc. Is Fair to Shareholders

Retrieved on: 
Wednesday, December 13, 2023
Class Action Lawsuit, Professional Services, Legal, Sale, Fraud, Advertising, Codorus

Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) to Orrstown Financial Services, Inc. for 0.875 shares of Orrstown common stock for each share of Codorus common stock is fair to Codorus shareholders.

Key Points: 
  • Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Codorus Valley Bancorp, Inc. (NASDAQ: CVLY) to Orrstown Financial Services, Inc. for 0.875 shares of Orrstown common stock for each share of Codorus common stock is fair to Codorus shareholders.
  • Upon closing of the proposed transaction, Codorus shareholders will own approximately 44% of the outstanding shares of the combined company.
  • On behalf of Codorus shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Codorus Valley Bancorp Announces Changes to Enhance Shareholder Value

Retrieved on: 
Tuesday, April 12, 2022
Audit committee, Board, Keefe, Bruyette & Woods, Codorus, Nasdaq, Corporate governance, Committee, Risk management, NASDAQ, PeoplesBank, Centre County, Pennsylvania, Board of directors, GLOBE, Common stock, Growth, Corporation, Professional Football Compensation Committee, Review, Financial compensation, Audit, Baltimore metropolitan area, Director

YORK, Pa., April 12, 2022 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (“Codorus Valley” or the “Corporation”) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (“PeoplesBank”), today announced it is implementing a series of initiatives designed to enhance the Corporation’s corporate governance practices, further analyze credit risk policies and practices, and ensure continued alignment with shareholders. These initiatives follow engagement and input from shareholders, including Driver Management Company LLC and its affiliates (collectively, “Driver”), which together own 6.7% of Codorus Valley’s outstanding common stock.

Key Points: 
  • YORK, Pa., April 12, 2022 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Codorus Valley or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced it is implementing a series of initiatives designed to enhance the Corporations corporate governance practices, further analyze credit risk policies and practices, and ensure continued alignment with shareholders.
  • Codorus Valley Bancorp, Inc. is the largest independent financial services holding company headquartered in York, Pennsylvania.
  • Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, A Codorus Valley Company.
  • Codorus Valley Bancorp, Inc.s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

PeoplesBank Announces Relocation and Expansion of Its Hunt Valley Financial Center

Retrieved on: 
Thursday, July 22, 2021
Codorus, York, Pennsylvania, York County, Pennsylvania, PENNSYLVANIA

YORK, Pa., July 22, 2021 (GLOBE NEWSWIRE) -- PeoplesBank, a Codorus Valley Company, a financial services subsidiary of Codorus Valley Bancorp, Inc., announced plans to relocate and expand its Hunt Valley Financial Center in December 2021, pending regulatory approval.

Key Points: 
  • YORK, Pa., July 22, 2021 (GLOBE NEWSWIRE) -- PeoplesBank, a Codorus Valley Company, a financial services subsidiary of Codorus Valley Bancorp, Inc., announced plans to relocate and expand its Hunt Valley Financial Center in December 2021, pending regulatory approval.
  • The proposed location at 203 International Circle, Hunt Valley, Maryland is centrally located in a high traffic area, while remaining within close proximity to the current Hunt Valley location.
  • The loan processing offices at Bel Air and Hunt Valley will be consolidated into this new Hunt Valley location.
  • With assets in excess of $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly-owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania.

Codorus Valley Bancorp, Inc. Announces Board Appointment

Retrieved on: 
Wednesday, July 14, 2021
Codorus, York, Pennsylvania, PENNSYLVANIA

YORK, Pa., July 14, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), parent company of PeoplesBank, a Codorus Valley Company (collectively the Company), announced that Cynthia A. Dotzel, CPA has been appointed as Vice Chair and Lead Director of the Board of Codorus Valley.

Key Points: 
  • YORK, Pa., July 14, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), parent company of PeoplesBank, a Codorus Valley Company (collectively the Company), announced that Cynthia A. Dotzel, CPA has been appointed as Vice Chair and Lead Director of the Board of Codorus Valley.
  • Codorus Valley Bancorp, Inc. is the largest independent financial services holding company headquartered in York, Pennsylvania.
  • Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, A Codorus Valley Company.
  • Codorus Valley Bancorp, Inc.s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend and Special Dividend

Retrieved on: 
Wednesday, July 14, 2021
Shareholders, Dividends, York County, Pennsylvania, Codorus

YORK, Pa., July 14, 2021 (GLOBE NEWSWIRE) -- On July 13, 2021, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.11 per common share, payable on August 10, 2021, to shareholders of record at the close of business on July 27, 2021, which is the same as the prior quarters regular cash dividend.

Key Points: 
  • YORK, Pa., July 14, 2021 (GLOBE NEWSWIRE) -- On July 13, 2021, the Board of Directors of Codorus Valley Bancorp, Inc. (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.11 per common share, payable on August 10, 2021, to shareholders of record at the close of business on July 27, 2021, which is the same as the prior quarters regular cash dividend.
  • In addition, the Board declared a special cash dividend of $0.02 per common share, payable on August 10, 2021, to shareholders of record at the close of business on July 27, 2021, which is the same as the prior quarters special cash dividend.
  • With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania.
  • Codorus Valley Bancorp, Inc.s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.

Codorus Valley Bancorp, Inc. Announces Retirement of Director Harry R. Swift, Esq.

Retrieved on: 
Friday, May 21, 2021
Codorus, York, Pennsylvania

b'YORK, Pa., May 21, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (\xe2\x80\x9cCodorus Valley\xe2\x80\x9d or the \xe2\x80\x9cCorporation\xe2\x80\x9d) (NASDAQ: CVLY), parent company of PeoplesBank, a Codorus Valley Company (PeoplesBank), today announced the retirement of Director Harry R. Swift, Esq.

Key Points: 
  • b'YORK, Pa., May 21, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (\xe2\x80\x9cCodorus Valley\xe2\x80\x9d or the \xe2\x80\x9cCorporation\xe2\x80\x9d) (NASDAQ: CVLY), parent company of PeoplesBank, a Codorus Valley Company (PeoplesBank), today announced the retirement of Director Harry R. Swift, Esq.
  • Codorus Valley primarily operates through its financial services subsidiary, PeoplesBank, A Codorus Valley Company.
  • Codorus Valley Bancorp, Inc.\xe2\x80\x99s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.\nCodorus Valley Bancorp, Inc. has made forward-looking statements in this Press Release.
  • Accordingly, the consolidated financial information in this announcement is subject to change.\nQuestions or comments concerning this Press Release should be directed to:\n'

Advanced Automation Technology Powers PeoplesBank Connection Center

Retrieved on: 
Thursday, January 28, 2021
Pennsylvania in the American Civil War, York, Pennsylvania, Codorus, Mahtani, Lancaster, Pennsylvania, PENNSYLVANIA, States of the United States

YORK, Pa., Jan. 28, 2021 /PRNewswire-PRWeb/ -- PeoplesBank, A Codorus Valley Company, announced completion of The Connections Center in the heart of Lancaster City, PA.

Key Points: 
  • YORK, Pa., Jan. 28, 2021 /PRNewswire-PRWeb/ -- PeoplesBank, A Codorus Valley Company, announced completion of The Connections Center in the heart of Lancaster City, PA.
  • The goal of the Connections Center is to move beyond typical product discussions to having meaningful conversations with clients about their lifestyle and future outcomes.
  • "Our design team created an approachable banking experience delivered by technology," stated Ben Mahtani, Chief Information Officer at PWCampbell.
  • PeoplesBank is looking ahead with plans of implementing Connections Center design elements into new locations and incorporating the Vision Board concept throughout its retail footprint.

Codorus Valley Bancorp, Inc. Approves New Share Repurchase Program

Retrieved on: 
Thursday, January 14, 2021
Codorus, York, Pennsylvania, York County, Pennsylvania, Share repurchase, PENNSYLVANIA

YORK, Pa., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Codorus Valley or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced that its Board of Directors had approved a new treasury stock repurchase program.

Key Points: 
  • YORK, Pa., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (Codorus Valley or the Corporation) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (PeoplesBank), today announced that its Board of Directors had approved a new treasury stock repurchase program.
  • Under the newly approved stock repurchase program, the Corporation is authorized to repurchase up to $5 million of the Corporations issued and outstanding common stock.
  • With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Bancorp, Inc., the largest independent financial institution headquartered in York County, Pennsylvania.
  • Codorus Valley Bancorp, Inc.s Common Stock is listed on the NASDAQ Global Market under the symbol CVLY.