ORRF - Orrstown Financial Services, Inc.

NasdaqCM - NasdaqCM Delayed 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

SectorFinancial
IndustryRegional - Northeast Banks
Full Time Employees311

Key Executives

NameTitlePayExercisedAge
Mr. Thomas Rodney Quinn Jr.CEO, Pres & Director and CEO, Pres & Director of Orrstown Bank561.7kN/A59
Mr. David P. Boyle CPACFO, Chief Accounting Officer & EVP334.78kN/A54
Mr. Benjamin W. Wallace J.D.Exec. VP of Ops & Technology and Exec. VP of Ops & Technology for Orrstown Bank289.08kN/A35
Mr. Philip E. Fague CPAEVP, Treasurer, Assistant Sec., EVP of Orrstown Bank and Assistant Sec. of Orrstown Bank254.31kN/A58
Mr. Robert G. CoradiChief Risk Officer, EVP, Chief Risk Officer of Orrstown Bank and EVP of Orrstown Bank228.01kN/A56
Amounts are as of December 31, 2016 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 bank 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. Its loan products include commercial loans, including commercial real estate, equipment, working capital, and other commercial purpose loans; consumer loans, such as home equity loans, home equity lines of credit, and other consumer loans; residential mortgage loans; and agribusiness, acquisition and development, municipal, and installment and other loans. The company also renders services as trustee, executor, administrator, guardian, managing agent, custodian, and investment advisor, as well as provides other fiduciary and retail brokerage services. In addition, it offers financial services, such as investment, brokerage, trusts, and life insurance products. The company operates 25 branch offices in Berks, Cumberland, Dauphin, Franklin, Lancaster, and Perry 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 January 1, 2018 is 6. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 7; Compensation: 9.

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.