Wednesday, May 1, 2019

Orrstown Financial closes $58.5M purchase of Hamilton Bank

Orrstown Financial Services Inc.’s entry into the Baltimore is complete after closing on its purchase of Hamilton Bancorp Inc. on Wednesday. The $58.5 million acquisition of Towson-based Hamilton Bank gives Shippensburg, Pennsylvania-based Orrstown and its subsidiary, Orrstown Bank, seven branches in Greater Baltimore with $409 million in local deposits. Orrstown overall now has more than $2 billion in deposits. Orrstown and Hamilton closed the deal almost eight months after announcing an agreement…



from https://www.bizjournals.com/baltimore/news/2019/05/01/orrstown-financialcloses-58-5m-purchase-of.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184582610002

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