Nidec Stock Rises After Accounting Probe Report Eases Delisting Concerns 
NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers 
Chinese Robotics Stocks React as Humanoid Robot Marathon Sparks Competition Concerns 
CATL Stock Hits Record High After Q1 2025 Earnings Surge 
J.P. Morgan Downgrades Essity AB on Rising Costs and Weak Earnings Outlook 
China Food Delivery Stocks Dip as Regulators Crack Down on “Ghost Deliveries” 
Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions 
Netflix Q2 Profit Warning Sends Shares Tumbling as Reed Hastings Exits 
NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed 
Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent 
Polymarket Seeks $400M Funding Round, Targets $15B Valuation Amid Prediction Market Boom 
Daikin Industries Stock Surges 14% After Elliott Investment Management Discloses Major Stake 
Huawei Expands Vietnam Presence Through Strategic Partnership with SHB Bank 
Indian Refiners Use Yuan via ICICI Bank to Pay for Iranian Oil Under U.S. Sanctions Waiver 
Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million 
SK Hynix Launches 192GB SOCAMM2 Memory for Nvidia’s Next-Gen AI Chips 
Indonesia and Toyota Explore $300M Bioethanol Investment to Boost Renewable Energy Goals 
SHIPPENSBURG, Pa., Feb. 27, 2017 -- Orrstown Financial Services, Inc. (the “Company”) (NASDAQ:ORRF), the parent company of Orrstown Bank (the “Bank”) and Wheatland Advisors, Inc. ("Wheatland"), announced today that Jeffrey S. Gayman has been appointed Market President of the region encompassing greater Hagerstown in Maryland and the greater Chambersburg, Shippensburg, and Carlisle markets in Pennsylvania, effective immediately.
|
|||||
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/513a688b-ae39-42d8-b940-8258ce11c52b
Thomas R. Quinn, Jr., President & CEO, commented, “It is critical that we maintain local decision making with strong bankers who are familiar with the markets they serve. Jeff will have responsibility, authority, and autonomy to ensure that all aspects of our primary business channels (commercial lending, retail banking, mortgage, and wealth management) are integrated and that our community banking model of customer-centric relationship banking is successfully executed.”
Mr. Gayman has been employed with Orrstown Bank for 21 years in roles of increasing responsibility, most recently serving as head of retail banking and consumer lending.
Adam Metz, EVP/Chief Lending Officer, added, “Jeff has strong ties to the market, is well respected by the business community, and his ability to make decisions locally will be a benefit to current clients and future prospects alike.”
About the Company
With over $1.4 billion in assets, Orrstown Financial Services, Inc. and its wholly-owned subsidiaries, Orrstown Bank and Wheatland Advisors, Inc., provide a wide range of consumer and business financial services through 26 banking and financial advisory offices in Berks, Cumberland, Dauphin, Franklin, Lancaster and Perry Counties, Pennsylvania and Washington County, Maryland. Orrstown Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the FDIC. Orrstown Financial Services, Inc.’s stock is traded on Nasdaq (ORRF). For more information about Orrstown Financial Services, Inc. and Orrstown Bank, visit www.orrstown.com. For more information about Wheatland Advisors, Inc., visit www.wheatlandadvisors.com.
Cautionary Note Regarding Forward-looking Statements: This news release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that include projections, predictions, expectations, or beliefs about events or results or otherwise are not statements of historical facts.
Contact: Mark Bayer SVP/Strategic Corporate Initiatives [email protected] 717-530-2297
