Orrstown Financial Services, Inc. Announces Promotion of Bradley S. Everly to Executive Vice President

Shippensburg, PA (9/27/2010) As a result of the continued growth of Orrstown Financial Services, Inc. (NASDAQ: ORRF), the Company is pleased to announce the promotion of Bradley S. Everly to Executive Vice President. Along with his duties as Chief Financial Officer, Mr. Everly will assume increased responsibilities with regard to guiding the strategic growth of the Company, as well as leading the Company’s investor relations efforts.

Thomas R. Quinn, Jr., President & CEO, commented, “Brad’s experience during his 13 years at Orrstown, along with his prior history in the banking and accounting arenas, will be instrumental in taking Orrstown Bank to the next level.”

With over $1.3 billion in assets, Orrstown Financial Services, Inc. and its subsidiary, Orrstown Bank, provide a full range of consumer and business financial services through twenty-one banking offices and two remote service facilities located in Cumberland, Franklin and Perry Counties, Pennsylvania and Washington County, Maryland. Orrstown Financial Services, Inc.’s stock is traded on the NASDAQ Capital Market under the symbol ORRF.

Safe Harbor Statement: This news release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various risks, uncertainties and other factors. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: ineffectiveness of the Company’s business strategy due to changes in current or future market conditions; the effects of competition, and of changes in laws and regulations, including industry consolidation and development of competing financial products and services; interest rate movements; changes in credit quality; volatilities in the securities markets; and deteriorating economic conditions, and other risks and uncertainties, including those detailed in Orrstown Financial Services, Inc.’s filings with the Securities and Exchange Commission. The statements are valid only as of the date hereof and Orrstown Financial Services, Inc. disclaims any obligation to update this information.

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Orrstown Financial Services, Inc. Announces Extension of Stock Repurchase Plan

Shippensburg, PA (September 27, 2010) - The Board of Directors of Orrstown Financial Services, Inc. (NASDAQ: ORRF), the parent company of Orrstown Bank, has announced the approval of the extension of a program to repurchase shares of its own stock from time to time as conditions allow. Orrstown’s Board of Directors previously approved the program in 2006 to repurchase up to 150,000 shares of its stock. To date, the Company has repurchased 106,999 shares pursuant to the program. The Board of Directors has approved extending the plan to authorize the repurchase of up to an additional 150,000 shares, or 1.9 percent of the approximately 7.97 million shares outstanding, which number includes the 43,001 shares remaining to be repurchased under the program as initially approved.


Thomas R. Quinn, Jr., President and Chief Executive Officer, stated that any repurchased shares would be used for various corporate purposes as well as capital management.


With over $1.3 billion in assets, Orrstown Financial Services, Inc. and its subsidiary, Orrstown Bank, provide a full range of consumer and business financial services through twenty one banking offices and two remote service facilities located in Cumberland, Franklin and Perry Counties, Pennsylvania and Washington County, Maryland. Orrstown Financial Services, Inc.’s stock is traded on the NASDAQ Capital Market under the symbol ORRF.


Safe Harbor Statement: This news release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially form those set forth in such statements due to various risks, uncertainties and other factors. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: ineffectiveness of the Company’s business strategy due to changes in current and future market conditions; the effect of competition, and of changes in law and regulations, including industry consolidation and development of competing financial products and services; interest rate movements; changes in credit quality; volatilities in the securities markets; and deteriorating economic conditions, and other risks and uncertainties, including those detailed in Orrstown Financial Services, Inc.’s filings with the Securities and Exchange Commission. The statements are valid only as of the date hereof and Orrstown Financial Services, Inc. disclaims any obligation to update this information.

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Orrstown Bank Volunteers with Habitat for Humanity!



Amy Strohm, Marketing Department

 Shippensburg, PA (September 24, 2010) – On September 23rd, ten Orrstown Bank (NASDAQ: ORRF) employees volunteered with Habitat for Humanity to help build a house in Shippensburg. A joint venture between the Franklin County and Cumberland Valley Habitat for Humanity offices, the duplex in Shippensburg will provide housing to two deserving families in our community.

Crystal Stine, Public Relations Officer for the Bank organized the volunteer day and commented: “It is a privilege to have the opportunity to partner with an outstanding organization like Habitat for Humanity. Orrstown Bank’s mission statement is we help customers realize their dreams, and it was extremely fulfilling for the Orrstown team to work alongside the construction professionals to help worthy families realize the dream of home ownership. “

Holly Sherman, HR and
Dale Morrow, Facilities

Habitat for Humanity International is a nonprofit, nondenominational Christian housing ministry. They welcome all people, regardless of religion, race or ethnicity, to build simple, decent, affordable houses in partnership with those who lack adequate shelter. Together, through volunteer labor and donations of money and materials, they have built or rehabilitated more than 350,000 houses, providing shelter for more than 1.75 million people in nearly 90 countries around the world. More information can be found on their website www.habitat.org.

With over $1.3 billion in assets, Orrstown Financial Services, Inc. and its subsidiary, Orrstown Bank, provide a full range of consumer and business financial services through twenty-one banking offices and two remote service facilities located in Cumberland, Franklin and Perry Counties, Pennsylvania and Washington County, Maryland. Orrstown Financial Services, Inc.’s stock is traded on the NASDAQ Capital Market under the symbol ORRF.