ORRF Orrstown Financial Services Inc.

Orrstown Financial Services, Inc. Announces Election of Linford Weaver to Board of Directors

Orrstown Financial Services, Inc. Announces Election of Linford Weaver to Board of Directors

SHIPPENSBURG, Pa., June 01, 2020 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF) today announced that Linford (Lin) Weaver has been elected to the Boards of Directors of the Company and its principal subsidiary, Orrstown Bank, effective June 1, 2020.

Mr. Weaver currently serves as Co-President of the Shady Maple Companies.  Mr. Weaver has significant experience managing complex organizations, and brings a broad range of executive leadership skills to the ORRF Board of Directors, including financial analysis, human resources, risk management, information technology, and strategic marketing.  Under his leadership, the Shady Maple Farmers Market has grown into the largest supermarket in Pennsylvania, and the Shady Maple Smorgasbord has grown to be the largest buffet in the United States.  In addition to these entities, Mr. Weaver also oversees Shady Maple RV Sales and Service, Houston Run Development, and Weaver Realty Investment Properties, all of which are well-known and highly-respected organizations throughout Orrstown’s footprint, and further highlight Weaver’s depth and breadth of experience.

“We are delighted to welcome Lin Weaver to the Orrstown boards,” said Joel R. Zullinger, Chairman.  “Lin’s business acumen and extensive knowledge of our eastern Pennsylvania market, particularly in the Lancaster and Berks County communities, will be of tremendous value as we continue to expand our operations and presence in this rapidly-growing area.”

Mr. Weaver currently serves as President of the Board of the Conestoga Christian School and as a member of the missions board of Missions Me.  He and his wife, Bernice, are the proud parents of four children and reside in East Earl, Pennsylvania.

In addition to Mr. Weaver’s appointment, the Company also announced that Robert (Bob) DeAlmeida resigned from the Orrstown boards effective June 1, 2020, to pursue other interests.

“We are grateful to Bob for his service to our company and his counsel,” said Mr. Zullinger.  “We wish him all the best in his future endeavors.”

About the Company

With approximately $2.4 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 in Berks, Cumberland, Dauphin, Franklin, Lancaster, Perry, and York Counties, Pennsylvania and Anne Arundel, Baltimore, Howard, and Washington Counties in Maryland as well as Baltimore City.  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 For more information about Wheatland Advisors, Inc., visit

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:

LUKE BERNSTEIN

EVP / Chief Retail Officer / Chief Communications Officer



717-510-7107

 

EN
01/06/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Orrstown Financial Services Inc.

 PRESS RELEASE

Orrstown Financial Services, Inc. Reports Fourth Quarter 2025 Results ...

Orrstown Financial Services, Inc. Reports Fourth Quarter 2025 Results and Announces Dividend Increase Net income of $21.5 million, or $1.11 per diluted earnings per share, for the three months ended December 31, 2025 compared to net income of $21.9 million, or $1.13 per diluted earnings per share, for the three months ended September 30, 2025;Net income of $80.9 million and diluted earnings per share of $4.18 for the year ended December 31, 2025 compared to net income of $22.1 million and diluted earnings per share of $1.48 for the year ended December 31, 2024;Adjusted net income and dilute...

 PRESS RELEASE

Orrstown Financial Services, Inc. Announces Date of Fourth Quarter 202...

Orrstown Financial Services, Inc. Announces Date of Fourth Quarter 2025 Earnings Release, Conference Call and Webcast HARRISBURG, Pa., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (NASDAQ: ORRF), the holding company of Orrstown Bank, announced today that it will report fourth quarter 2025 earnings at the close of business on Tuesday, January 27, 2026. Management will host a conference call and webcast to review the Company’s quarterly results on Wednesday, January 28, 2026, at 9:00 am ET. The conference call and webcast details are below: Earnings Release: Tuesday,...

 PRESS RELEASE

Orrstown Financial Advisors Announces New Office Opening in Chambersbu...

Orrstown Financial Advisors Announces New Office Opening in Chambersburg, PA HARRISBURG, Pa., Jan. 12, 2026 (GLOBE NEWSWIRE) -- Orrstown Bank is pleased to announce that Orrstown Financial Advisors (OFA) will be opening a new office at 990 Lincoln Way East, Suite 1, Chambersburg, PA 17201, as part of its ongoing commitment to better serve its clients and the community. The new location will serve as the home base for the OFA team currently located at the Orrstown Bank branch on Orchard Drive. The ten-person team will occupy 4,000 sq. ft of space at the former Plasterer’s Florist building...

 PRESS RELEASE

Orrstown Financial Advisors Welcomes Matthew Alpert as Chief Wealth Of...

Orrstown Financial Advisors Welcomes Matthew Alpert as Chief Wealth Officer HARRISBURG, Pa., Jan. 06, 2026 (GLOBE NEWSWIRE) -- Orrstown Financial Advisors (OFA), a division of Orrstown Bank, is pleased to announce that Matthew Alpert joined the firm as Executive Vice President, Chief Wealth Officer, effective January 5, 2026. In this role, Mr. Alpert will lead OFA’s wealth management and trust operations, driving strategic growth and delivering exceptional wealth services to clients. Mr. Alpert brings extensive experience in wealth management, having previously served in senior leaders...

 PRESS RELEASE

Michael Tschudy Joins Orrstown Bank as C&I Team Leader in York Region

Michael Tschudy Joins Orrstown Bank as C&I Team Leader in York Region HARRISBURG, Pa., Nov. 12, 2025 (GLOBE NEWSWIRE) -- Orrstown Bank is pleased to announce that Michael Tschudy, CFA, MBA, has joined the organization as Commercial & Industrial (C&I) Team Leader for the York and Adams County Market. In this role, Mr. Tschudy will lead the York-based commercial banking team. Mr. Tschudy brings over a decade of experience in commercial banking, investment advisory, and credit analysis. Most recently, he served as Senior Vice President and Market Leader at S&T Bank, where he led the bank’...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch