{"id":259111,"date":"2026-05-29T16:13:00","date_gmt":"2026-05-29T20:13:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/05\/29\/orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers-tradingview-news\/"},"modified":"2026-05-29T17:45:18","modified_gmt":"2026-05-29T21:45:18","slug":"orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers-tradingview-news","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/05\/29\/orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers-tradingview-news\/","title":{"rendered":"Orrstown to Redeem $31M Subordinated Notes; Vendor Cybersecurity Incident Affects Customers \u2014 TradingView News"},"content":{"rendered":"<p><a href=\"https:\/\/www.tradingview.com\/news\/tradingview:d5ca2a8a23ae4:0-orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers\/\">Orrstown to Redeem $31M Subordinated Notes; Vendor Cybersecurity Incident Affects Customers \u2014 TradingView News<\/a><\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/news\/tradingview:d5ca2a8a23ae4:0-orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers\/\">https:\/\/www.tradingview.com\/news\/tradingview:d5ca2a8a23ae4:0-orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-29 16:13:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.tradingview.com\">www.tradingview.com<\/a><\/p>\n<p><span><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Orrstown announced it will redeem $31.0 million of 4.5% fixed-to-floating subordinated notes due 2030 and disclosed a vendor cybersecurity incident affecting some customers.<\/span><\/strong><\/p>\n<p class=\"\"><strong class=\"root-Tkn6WL2y\"><span>Key Highlights:<\/span><\/strong><\/p>\n<ul class=\"list-bmN0_SHH list--padded-bmN0_SHH\">\n<li class=\"listItem-bmN0_SHH\"><span>Redeeming $31,000,000 of 4.5% fixed-to-floating subordinated notes on June 30, 2026 at 100% of principal plus accrued interest.<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><span>Notes were assumed in the July 1, 2024 merger with Codorus Valley Bancorp; interest rate was 7.72% at March 31, 2026.<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><span>Vendor cybersecurity incident led to unauthorized access to sensitive customer data at the vendor; Orrstown systems not impacted per investigation.<\/span><\/li>\n<li class=\"listItem-bmN0_SHH\"><span>Impacted customers will be notified and offered credit monitoring; company does not expect a material impact on operations or financial condition.<\/span><\/li>\n<\/ul>\n<p class=\"\"><span>Original SEC Filing: <\/span>ORRSTOWN FINANCIAL SERVICES INC [ ORRF ] &#8211; 8-K &#8211; May. 29, 2026<\/p>\n<p><span class=\"heading-JaE7wgR2\">Disclaimer<\/span><\/p>\n<p><span>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.<\/span><\/p>\n<p><\/span><br \/>\n<br \/><a href=\"https:\/\/www.tradingview.com\/news\/tradingview:d5ca2a8a23ae4:0-orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers\/\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orrstown to Redeem $31M Subordinated Notes; Vendor Cybersecurity Incident Affects Customers \u2014 TradingView News https:\/\/www.tradingview.com\/news\/tradingview:d5ca2a8a23ae4:0-orrstown-to-redeem-31m-subordinated-notes-vendor-cybersecurity-incident-affects-customers\/&#8230;<\/p>\n","protected":false},"author":1,"featured_media":259112,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.tradingview.com\/static\/images\/illustrations\/news-story.jpg","fifu_image_alt":"","footnotes":""},"categories":[15],"tags":[20],"class_list":["post-259111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/259111"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=259111"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/259111\/revisions"}],"predecessor-version":[{"id":259113,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/259111\/revisions\/259113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/259112"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=259111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=259111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=259111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}