SHIPPENSBURG, Pa., June 16, 2016 (GLOBE NEWSWIRE) -- Today Orrstown Bank, a wholly-owned subsidiary of Orrstown Financial Services, Inc. (NASDAQ:ORRF), announced that it has opened a new financial services office at 1100 Berkshire Boulevard, Wyomissing, Pennsylvania.
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Orrstown will occupy approximately 3,000 square feet at their first financial services office in Berks County, Pennsylvania. Initially the facility will house members of the Bank’s trust and wealth management group, Orrstown Financial Advisors, and will provide both office and customer meeting space.
The new facility will also support customer facing team members from other business lines who are expected to join the organization over time.
In May, Orrstown announced the opening of two additional regional offices at 1800 Fruitville Pike, Lancaster and 4750 Lindle Road, Harrisburg.
Thomas R. Quinn, Jr., President & CEO, commented, “We had the opportunity to add a seasoned team to the organization and this new location will provide them with a base of operations as they attract new clients and relationships in this vibrant market. This newest location in Berks County is another step in the execution of our strategic plan and we look forward to future expansion and the opportunity to fill a void in the community banking space as a result of unprecedented recent market disruption.”
With about $1.3 billion in assets, Orrstown Financial Services, Inc. and its wholly-owned subsidiary, Orrstown Bank, provide a full range of financial services through 22 locations throughout Pennsylvania and 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). More information available at www.orrstown.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 P (717) 530-2297 firstname.lastname@example.org
Source:Orrstown Financial Services, Inc.