Orrstown Bank Appoints Jeffrey S. Gayman EVP/Market President

SHIPPENSBURG, Pa., Feb. 27, 2017 (GLOBE NEWSWIRE) -- 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.


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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 mbayer@orrstown.com 717-530-2297

Source:Orrstown Financial Services, Inc.