Orrstown Bank Announces Addition of Two Commercial Lenders, Danielle Makrias and Michael Kilgour; Expansion into York County...
August 07 2017 - 2:14PM
Orrstown Financial Services, Inc. (the “Company”) (NASDAQ:ORRF),
the parent company of Orrstown Bank (the “Bank”) and Wheatland
Advisors, Inc. ("Wheatland"), announced today that Danielle Makrias
and Michael Kilgour recently joined the bank as VP/Relationship
Managers. Ms. Makrias and Mr. Kilgour will be based at the
Bank’s Harrisburg Regional Office and will have primary
responsibility for commercial business development in York County.
Both will report to Charles “Chip” Wasson, SVP/Regional
Senior Loan Officer.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/05489b4c-5665-4b5c-b7ec-83d8953ed96e
http://www.globenewswire.com/NewsRoom/AttachmentNg/0b2fcd98-93e8-469f-b1e2-9578dec26ae4
Adam Metz, EVP/Chief Lending Officer, commented,
“The addition of Danielle and Mike will support our continued
strategic growth in strong markets affected by disruption and I
believe our banking model, characterized by local decision making,
personalized high-touch service, and commitment to the communities
we serve, will be well received in York County.”
Mr. Wasson added, “I am excited to welcome
Danielle and Mike to the team. They both have a depth and breadth
of experience and solid business connections in the York market and
further demonstrate that Orrstown Bank has become an employer of
choice in the region.”
Ms. Makrias most recently worked for First
National Bank of Pennsylvania after spending several years at Metro
Bank. She is a graduate of the University of Missouri and
resides in York.
Mr. Kilgour most recently worked for First
National Bank of Pennsylvania and has more than 26 years of
financial services experience, including 18 in the York County
market. He is a graduate of Drake University and the PBA School of
Banking. Mr. Kilgour also resides in York.
As announced previously, in December of 2016 the
Company acquired Wheatland Advisors, Inc., a registered investment
advisory firm headquartered in Lancaster, and in 2016 significantly
expanded its customer-facing workforce in Dauphin, Lancaster, and
Berks Counties. Most recently the Bank opened a new branch banking
office at 566 Lausch Lane, Manheim Township and has another office
scheduled to open later this summer in New Holland, Lancaster
County*.
About the Company
With approximately $1.5 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
banking and financial advisory offices in Berks, Cumberland,
Dauphin, Franklin, Lancaster, Perry, and York 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.
*Subject to customary regulatory approval.
Contact:
Mark Bayer
SVP/Strategic Corporate Initiatives
mbayer@orrstown.com
717-530-2297
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