Orrstown Bank Expands Leadership Team with New Appointments

Orrstown Bank Welcomes Chris Orr and Ben Colvard

Orrstown Bank is excited to announce a significant enhancement to its leadership team with the appointments of Chris Orr as Chief Information Officer and Ben Colvard as Chief Operations Officer. This strategic move aligns with the bank's commitment to operational excellence and innovation in the financial services sector.

Introducing Chris Orr – Chief Information Officer

Chris Orr joins Orrstown Bank with nearly 20 years of experience in the banking industry and technology consultancy. His role as Chief Information Officer will focus on leading a robust technology strategy designed to optimize systems and enhance customer experiences. Previously, Chris made notable contributions as Chief Digital Officer at Sandy Spring Bank, where he spearheaded a transformative digital strategy. Under his guidance, the bank achieved remarkable growth, increasing from $4.6 billion to $14 billion in assets through innovative methods and strategic acquisitions.

His academic credentials include a bachelor's degree in Information Systems and Business Management from the University of Maryland College Park, an MBA in Finance from Loyola College in Maryland, and a Leadership Certificate from The Wharton School. Chris also graduated from the prestigious ABA Stonier Graduate School of Banking, further enriching his expertise in financial management and operations.

Highlighting Ben Colvard – Chief Operations Officer

In his new position as Chief Operations Officer, Ben Colvard is set to refine the operational strategies at Orrstown Bank, ensuring a seamless alignment between people, processes, and technologies. Ben has over two decades of experience, having previously been the Chief Optimization Officer at Sandy Spring Bank. His strategic input during his tenure was instrumental in expanding the bank's assets from $3.5 billion to $14 billion through various acquisitions and operational improvements.

Ben holds a bachelor's degree in History, complemented by a minor in Economics from Gettysburg College, and he completed his honors MBA at the Maryland School of Banking. His historical insights combined with his strong financial acumen position him uniquely to tackle contemporary banking challenges.

Statements from Leadership

“We are thrilled to welcome Chris and Ben to the Orrstown Bank family,” stated Thomas R. Quinn, Jr., President and CEO of Orrstown Bank. “Chris’s visionary approach to technology and Ben’s expertise in operational strategies are the perfect combination to help us realize our mission of offering innovative, client-focused banking solutions. Their rich experience will play an essential role in sculpting our future success.”

About Orrstown Financial Services

Orrstown Financial Services, Inc. provides a broad array of consumer and commercial banking services. This includes activities in various counties across Pennsylvania and Maryland as well as parts of West Virginia and Virginia. As an Equal Housing Lender, Orrstown Bank's deposits enjoy insurance coverage up to the legal maximum by the FDIC. The common stock of Orrstown Financial Services is traded on the NASDAQ Global Select Market with the ticker symbol 'ORRF.'

Frequently Asked Questions

Who is the new Chief Information Officer at Orrstown Bank?

Chris Orr has been appointed as the Chief Information Officer, bringing nearly 20 years of experience in technology strategy to the role.

What is Ben Colvard's role at Orrstown Bank?

Ben Colvard has taken on the role of Chief Operations Officer to oversee operational strategies and align organizational processes.

What previous experience do Chris and Ben bring to their new roles?

Both leaders previously held significant positions at Sandy Spring Bank, where they contributed to substantial asset growth and operational excellence.

How long has Orrstown Bank been in operation?

Orrstown Bank has provided banking services for many years, focusing on innovative solutions tailored to client needs.

What is the significance of the appointments for Orrstown Bank?

The appointments of Chris Orr and Ben Colvard are expected to enhance the bank's technology and operational capabilities, aligning with its mission of client-focused banking.

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