ORRF - Orrstown Financial Services, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

Orrstown Financial Services, Inc.

77 East King Street
PO Box 250
Shippensburg, PA 17257
United States
717-532-6114
http://www.orrstown.com

Sector : Financial Services
Industry : Banks - Regional - US
Full Time Employees : 367

Key Executives

Name Title Pay Exercised Year Born
Mr. Thomas Rodney Quinn Jr. Pres, CEO & Director 851.18k N/A 1959
Mr. Robert G. Coradi Exec. VP, Chief Risk Officer & Sec. 345.51k N/A 1962
Mr. Adam L. Metz Exec. VP & Chief Lending Officer 379.1k N/A 1972
Mr. Philip E. Fague CPA Exec. VP, Assistant Sec., Chief Trust Officer 338.92k N/A 1960
Mr. Thomas R. Brugger Exec. VP & CFO N/A N/A 1967
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Orrstown Financial Services, Inc. operates as the holding company for Orrstown Bank that provides commercial banking and trust services in the United States. The company accepts various deposits, including checking, savings, time, demand, and money market deposits. It also offers commercial loans, such as commercial real estate, equipment, working capital, and other commercial purpose loans; consumer loans comprising home equity and other consumer loans, as well as home equity lines of credit; residential mortgage loans; agribusiness loans; acquisition and development loans; municipal loans; and installment and other loans. In addition, the company provides renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary services under the Orrstown Financial Advisors name; and offers retail brokerage services through a third-party broker/dealer arrangement. Further, it offers investment advisory services through an office in Lancaster County, Pennsylvania. The company provides its banking and bank-related services through branches located in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York counties of Pennsylvania, as well as Washington County, Maryland. Orrstown Financial Services, Inc. was founded in 1919 and is headquartered in Shippensburg, Pennsylvania.

Corporate Governance

Orrstown Financial Services, Inc.’s ISS Governance QualityScore as of October 4, 2019 is 9. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 7; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS) . Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.