Jeremy Stahl Joins Wheatland Advisors, Inc. as Senior Advisor
June 12 2017 - 12:13PM
Orrstown Financial Services, Inc. (the “Company”) (NASDAQ:ORRF),
the parent company of Orrstown Bank (the “Bank”) and Wheatland
Advisors, Inc. ("Wheatland"), announced today that Jeremy Stahl has
joined Wheatland as Senior Advisor. Mr. Stahl will be working
with the Managing Director of Wheatland, Rick Heilig, to provide
investment management services to individual and institutional
clients throughout the region.
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/7b124cd2-f715-41fa-ac12-4eaac015e91c
Philip Fague, EVP/Trust and Wealth Management,
commented, “We are excited to welcome Jeremy to Wheatland Advisors,
Inc. His local ties in Lancaster and Harrisburg and more than
15 years of experience will support the continued growth of
Wheatland.”
Mr. Stahl, added, “I look forward to continuing
the rich tradition of Wheatland’s 30 year history of providing
personalized and disciplined portfolio and investment management
services throughout the region.”
Mr. Stahl has a BA in Finance and Economics from
Temple University and received his MBA from the University of
Maryland.
In December of 2016 the Company announced the
acquisition of Wheatland, a registered investment advisory firm
headquartered in Lancaster. Wheatland currently has more than
$145 million in assets under management. The acquisition of
Wheatland Advisors, Inc. continued the Company’s expansion into
Lancaster County, joining the financial services office at 1800
Fruitville Pike and branches at 2098 Spring Valley Road and 566
Lausch Lane. The Company will open another Lancaster County branch
in New Holland in August of 2017.*
Mr. Stahl will be based at the Wheatland office
at 144 East Chestnut St. in Lancaster and can be reached at (717)
299-6090 or via email at jstahl@wheatlandadvisors.com.
*Subject to customary regulatory approval.
About the Company
With over $1.4 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 through 26 banking and
financial advisory offices in Berks, Cumberland, Dauphin, Franklin,
Lancaster and Perry Counties, Pennsylvania and Washington County,
Maryland. 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 www.Orrstown.com. For more
information about Wheatland Advisors, Inc., visit
www.WheatlandAdvisors.com.
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:
Jeremy Stahl
(717) 299-6090
jstahl@wheatlandadvisors.com
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