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Franklin Financial, F&M Trust Announce Appointment of New Board Member

CHAMBERSBURG, Pa., July 18, 2019 /PRNewswire/ -- Franklin Financial Services Corporation, the bank holding company of F&M Trust, announced that Kimberly Rzomp has been appointed a Director of Franklin Financial Services Corporation and F&M Trust effective July 11, 2019. As a Class A Director of the Corporation, Rzomp will serve a term to expire at the annual meeting of shareholders in 2020. With her appointment to the Board of Directors, Rzomp was named a member of the Audit Committee.

Rzomp (pronounced "Zomp") is the Vice President and Chief Financial Officer at Wellspan Summit Health where she has worked since 1983. A graduate from Lycoming College with a bachelor's degree in economics, Rzomp went on to earn her MBA from Shippensburg University.

Rzomp has served on the boards of directors for local organizations including the United Way of Franklin County and The Shook Home – a nonprofit retirement community based in Chambersburg.

"On behalf of F&M Trust and the Board of Directors, I am happy to welcome Kimberly to the Board. She brings a wealth of financial knowledge and experience to the corporation. Her expertise will be critical as we continue to execute our strategy, drive profitability and build long-term shareholder value," said Timothy G. Henry, president and CEO of F&M Trust.

G. Warren Elliott, Chairman of the Board for Franklin Financial Services Corporation and F&M Trust added, "We are fortunate to have someone with Kim's experience and extensive financial background joining our board. I am confident that the company will benefit from her insights, business acumen and counsel."

"I am honored to join the Board of Directors and work with this exceptional team. F&M Trust has been a community banking leader in South Central Pennsylvania for decades, and I look forward to lending my expertise and contributing to the future direction and growth of this outstanding company," said Rzomp.

Franklin Financial is the largest independent, locally owned and operated bank holding company headquartered in Franklin County with assets of more than $1.2 billion. Its wholly-owned subsidiary, F&M Trust, has twenty-two community banking locations in Franklin, Cumberland, Fulton and Huntingdon Counties. Please visit our website for more information, www.franklinfin.com.

Certain statements appearing herein which are not historical in nature are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements refer to a future period or periods, reflecting management's current views as to likely future developments, and use words "may," "will," "expect," "believe," "estimate," "anticipate," or similar terms. Because forward-looking statements involve certain risks, uncertainties and other factors over which Franklin Financial Services Corporation has no direct control, actual results could differ materially from those contemplated in such statements. These factors include (but are not limited to) the following: general economic conditions, changes in interest rates, changes in the Corporation's cost of funds, changes in government monetary policy, changes in government regulation and taxation of financial institutions, changes in the rate of inflation, changes in technology, the intensification of competition within the Corporation's market area, and other similar factors.

We caution readers not to place undue reliance on these forward-looking statements. They only reflect management's analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and any Current Reports on Form 8-K.

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