March 27, 2012

Federal Reserve Board issues enforcement action Orrstown Financial Services, Inc, and Orrstown Bank, and terminates enforcement action with Cadence Financial Corporation

For immediate release

The Federal Reserve Board on Tuesday announced the execution of the following enforcement action:

Orrstown Financial Services, Inc, and Orrstown Bank (PDF), both of Shippensburg, Pennsylvania
Written Agreement dated March 22, 2012

The Federal Reserve Board also announced the termination of the enforcement action listed below: 

Cadence Financial Corporation, Starkville, Mississippi
Written Agreement dated November 17, 2010
Terminated March 20, 2012 

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Last Update: March 27, 2012