UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 1, 2020

ORRSTOWN FINANCIAL SERVICES, INC.
(Exact name of registrant as specified in its charter)

Pennsylvania001-3429223-2530374
(State or other jurisdiction of incorporation)(SEC File Number)(IRS Employer Identification No.)

77 East King Street, P.O. Box 250, Shippensburg, Pennsylvania17257
(Address of principal executive offices)(Zip Code)

Registrant’s telephone number, including area code:717 532-6114

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Common Stock, no par valueORRFNasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
oEmerging growth company
oIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Linford Weaver has been elected to the Board of Directors of Orrstown Financial Services, Inc. effective June 1, 2020. Additionally, Robert DeAlmeida resigned from the Board of Directors effective June 1, 2020 to pursue other interests. At the time of Mr. DeAlmeida’s notice, he was an independent director of the Board. Mr. DeAlmeida's notification indicated there are no disagreements between him and either the Company or Orrstown Bank in connection with his resignation.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibit is furnished as part of this Current Report on Form 8-K:


Exhibit No.Description
99  




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
ORRSTOWN FINANCIAL SERVICES, INC.
Date: June 1, 2020By:/s/ Thomas R. Brugger
Thomas R. Brugger
Executive Vice President and Chief Financial Officer
(Duly Authorized Representative)





Document
Exhibit 99

image01.jpg
FOR IMMEDIATE RELEASE
ORRSTOWN FINANCIAL SERVICES, INC. ANNOUNCES ELECTION
OF LINFORD WEAVER TO BOARD OF DIRECTORS

SHIPPENSBURG, PA (June 1, 2020) – 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 image01.jpg" style="height:99px;width:707px;">
FOR IMMEDIATE RELEASE
ORRSTOWN FINANCIAL SERVICES, INC. ANNOUNCES ELECTION
OF LINFORD WEAVER TO BOARD OF DIRECTORS

SHIPPENSBURG, PA (June 1, 2020) – 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 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.
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.