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.561.7kN/A58
Mr. David P. Boyle CPA334.78kN/A53
Mr. Benjamin W. Wallace J.D.289.08kN/A34
Mr. Philip E. Fague CPA254.31kN/A57
Mr. Robert G. Coradi228.01kN/A55
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 October 15, 2017 is 8. The pillar scores are Audit: 2; Board: 7; 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.