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HARRISBURG - Orrstown Financial Services, Inc. (NASDAQ: NASDAQ:ORRF), a financial institution with a market capitalization of $673 million and an impressive 38.8% stock return over the past year, has announced the appointment of Barbara E. Brobst to the Boards of Directors of both the company and its principal subsidiary, Orrstown Bank, starting from February 1, 2025. According to InvestingPro data, the company has maintained consistent dividend payments for 11 consecutive years, demonstrating strong financial stability. Brobst, who has over 40 years of experience in the banking sector, previously held the position of Executive Vice President, Chief Human Resources Officer for Orrstown from 2015 to 2022.
Her extensive background includes roles as Senior Vice President for Human Resources and Senior Vice President and Senior Trust Officer at Orrstown Bank. Brobst’s deep expertise spans Trust, Wealth, and Investment Services, as well as Governance, Strategic Planning, and Human Resource Management. Her professional history is deeply rooted in south-central Pennsylvania, where she has served on the boards of various non-profit and professional organizations.
Joel Zullinger, Chairman of the Board of Directors, expressed confidence in Brobst’s appointment, citing her wealth management and human capital management skills, along with her intimate knowledge of the Pennsylvania market, as assets that will benefit the board and management team.
Orrstown Financial Services, with $5.4 billion in assets, along with Orrstown Bank, offers a broad range of consumer and business financial services across several counties in Pennsylvania and Maryland, as well as parts of Virginia and West Virginia. Orrstown Bank is recognized as an Equal Housing Lender with FDIC-insured deposits. The company’s common stock is publicly traded on the Nasdaq exchange.
This board appointment is based on a press release statement from Orrstown Financial Services, Inc.
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