Orrstown Financial Services, Inc Recognized by Sandler O'Neill + Partners

Shippensburg, PA (September 30, 2009) – Orrstown Financial Services, Inc. (NASDAQ: ORRF) is pleased to announced that it has been selected by Sandler O’Neill + Partners as one of the top performing small-cap banks in the country. The 30 institutions that comprise Sandler O’Neill’s “2009 Bank & Thrift Sm-All Stars” were chosen from a universe of 509 publicly traded banks and thrifts with market capitalizations of less than $2 billion.

Dan Arnold, Associate Director – Equity Research at Sandler O’Neill commented, “Our 2009 Sm-All Stars have performed exceptionally well in a difficult banking environment and represent some of the top performing banks and thrifts in the nation.” Thomas R. Quinn, Jr., President & CEO of Orrstown Financial Services, Inc. added, “We’re honored to be recognized by one of the pre-eminent investment banking firms for our strong performance. The guidance of the Board of Directors and the strength of our entire management team have been instrumental in the success of the organization. We have a great track record and we believe the best is yet to come.”

The Sandler O’Neill + Partners survey analyzed growth, profitability, credit quality, and capital strength. Companies were evaluated based on absolute performance in eight financial variables:
(1) EPS, (2) loans, (3) deposits, (4) return on average equity, (5) nonperforming assets to loans plus OREO ratio, (6) net charge-off ratio, (7) reserve to nonperforming assets ratio and (8) Tier 1 risk-based capital ratio. To earn “Sm-All Star” status, the banks and thrifts needed to be at or above the peer median for the first seven metrics surveyed, plus be considered “Well Capitalized” per the Tier 1 risk-based capital ratio.
Sandler O'Neill is a full-service investment banking firm to the financial industry. The firm is a market-maker in hundreds of financial stocks and publishes equity and fixed income research focused on selected banks, thrifts and insurance companies, including equity research coverage on Alliance. Additional information can be found on their website at www.sandleroneill.com.

With over $1 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 quoted on the NASDAQ Capital Market under the symbol ORRF.

Certain statements in this release may constitute “forward looking statements” under the Private Securities Litigation Reform Act of 1995, which involve risk and uncertainties. Orrstown Financial’s actual results may differ significantly from the results discussed in such forward-looking statements. Factors that might cause such a difference include, but are not limited to, economic conditions, competition in the geographic and business areas in which Orrstown Financial conducts its operations, fluctuations in interest rates, credit quality, and government regulation.

Orrstown Financial Advisors Welcomes Diane Cordell

Shippensburg, PA (September 21, 2009) – Orrstown Financial Advisors is pleased to announce that Diane Cordell has joined the Company as a Trust Officer. Diane will be based out of the Bank’s Greencastle office and will specialize in Account Administration and Estate Settlement.

Barb Brobst, Senior Vice President and Trust Officer said “We are excited to add Diane to our team in Greencastle. A longtime resident of Greencastle, her experience as a Trust Officer at other financial institutions will greatly benefit our clients.”

Cordell is a graduate of Waynesboro Area High School and has nearly 25 years of experience in the trust and financial industries. Diane has also graduated from the Central Atlantic School of Trust at Bucknell University, and has completed a variety of American Institute of Bankers courses as well as paralegal courses at Penn State, Mont Alto. Diane currently resides in Greencastle with her husband, John.

Orrstown Financial Advisors, a division of Orrstown Bank, provides conservative, disciplined, and client-centered investment management services tailored to the goals and objectives of their clients. Clients include individuals, businesses, non-profit organizations and municipalities. Orrstown Financial Advisors manages over $600 million in assets with a staff of more than 30 professionals.

With over $1 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 quoted on the NASDAQ Capital Market under the symbol ORRF.

Orrstown Bank Welcomes Terry Barbuzanes

Shippensburg, PA, September 16, 2009 – Orrstown Bank is pleased to announce that Terry Barbuzanes has joined the Company as a Mortgage Originator. Terry will serve the Bank’s Greencastle market.

Tom Quinn, President and Chief Executive Officer said “We are excited to add Terry to our team in Greencastle. Her experience in the mortgage and banking industries over the last 20 years in Greencastle will greatly benefit our clients.”

Barbuzanes is a graduate of Greencastle-Antrim High School. She is also a graduate of the Central Atlantic School of Banking at Dickinson College, the Bucknell School of Banking, and has completed various Pennsylvania Bankers Association and paralegal courses. Actively involved in the community, Terry is a Board Member of the American Heart Association for the Franklin-Fulton Division, a member of the Greencastle-Antrim Chamber of Commerce, and a team participant in the annual American Heart Walk and American Cancer Society Relay for Life.

With over $1 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 quoted on the NASDAQ Capital Market under the symbol ORRF.

Orrstown Bank Welcomes Joyce Hafer!

Shippensburg, PA, September 11, 2009 – Orrstown Bank is pleased to announce that Joyce Hafer has joined the Company as a Mortgage Originator. Joyce will serve the Bank’s Perry County market.

Tom Quinn, President and Chief Executive Officer said “We are excited to add Joyce to our team in Perry County. Her experience in the mortgage and banking industries will greatly benefit our clients.”

Hafer is a graduate of Kutztown University and has 23 years of experience in the mortgage industry and 26 years of experience in the banking industry. She was voted the 2006 Affiliate of the Year through the Harrisburg Board of Realtors, where she is a member. Joyce is also proud to be a member of Trinity Lutheran Church in Mechanicsburg and the National Association of Female Executives. Joyce currently resides in Mechanicsburg with her husband, John.

With over $1 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 quoted on the NASDAQ Capital Market under the symbol ORRF.

Orrstown Financial Advisors Welcomes Ben Walters!

Shippensburg, PA, September 8, 2009 – Orrstown Financial Advisors is pleased to announce that Benjamin Walters has joined the Company as a Financial Advisor. Ben will serve the Bank’s Hagerstown, Greencastle, and Chambersburg markets.

Barb Brobst, Senior Vice President and Trust Officer said “We are excited to add Ben to our team of Financial Advisors. His experience in the financial industry and as an insurance agent will greatly benefit our clients.”

A long time local resident, Ben has more than 10 years of experience in the financial services industry and holds the Series 7 license in addition to accident, health, life, disability, property and casualty insurance licenses.

Orrstown Financial Advisors, a division of Orrstown Bank, provides conservative, disciplined, and client-centered investment management services tailored to the goals and objectives of their clients. Clients include individuals, businesses, non-profit organizations and municipalities. Orrstown Financial Advisors manages over $600 million in assets with a staff of more than 30 professionals.

With over $1 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 quoted on the NASDAQ Capital Market under the symbol ORRF.

Orrstown Bank Welcomes Bill Feist

Shippensburg, PA, September 11, 2009 – Orrstown Bank is pleased to announce that Bill Feist has joined the Company as a Vice President, Business Development Officer. Bill will serve the Bank’s West Shore market.

Tom Quinn, President and Chief Executive Officer said “We are excited to add Bill to our team on the West Shore. With over ten years of experience in the business banking field, Mr. Feist brings a wealth of knowledge and experience to our business clients.”

Feist is a graduate of Shippensburg University. He is also a graduate of the Central Atlantic Advanced School of Banking and a 2004 graduate of Leadership Harrisburg. Actively involved in the community, Mr. Feist is currently the Vice President of the Sylvan Heights Science Charter School, Chair of Community Projects for the United Way of the Capital Region Bridges Society, a member of the Industrial, Commercial, and Investment Council of the Greater Harrisburg Association of Realtors, and serves as the assistant coach for the Redland Comets U9 Girls traveling soccer team.

With over $1 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 quoted on the NASDAQ Capital Market under the symbol ORRF.