News Release - January 6, 2012
Franklin Financial Services Corporation
Kenneth C. Ditzler (717) 261-3665
Sioberg retires from Franklin Financial, F&M Trust boards
(CHAMBERSBURG, PA) Franklin Financial Services
Corporation announced that Charles M. Sioberg retired from
the boards of directors of both Franklin Financial and its
subsidiary, F&M Trust, effective December 31, 2011.
Sioberg joined the boards of Franklin Financial and F&M Trust
in 1982. During his tenure he served on a variety of board
committees, most recently the audit, nominating, personnel,
credit risk oversight, and executive committees. He was
appointed vice chairman of the board in 2002 and served as
chairman since January 2003. G. Warren Elliott was elected as
vice chairman last year and replaces Sioberg as chairman of
the board. Sioberg, vice president of Martin & Martin, Inc.,
was re-elected to the board for the 9th time in 2009.
"Over the last 29 years, Chuck has shown integrity,
professionalism and wisdom during his service on the board.
We are particularly fortunate to have him serve as our
chairman for the past 9 years," commented William E. Snell,
Jr., president and CEO. "We will miss his
leadership, insights and contributions. We express our
sincere gratitude to him and wish him the very best in his
retirement."
Franklin Financial is the parent company of F&M Trust, the
largest independent, locally owned and operated community
bank headquartered in Franklin County with assets of
approximately $1 billion. F&M Trust has twenty-five community
banking offices located through Franklin, Cumberland, Fulton,
and Huntingdon Counties in Chambersburg, St. Thomas, Marion,
Greencastle, Mont Alto, Waynesboro, Shippensburg, Boiling
Springs, Camp Hill, Carlisle, Newville, McConnellsburg,
Orbisonia, Hustontown, and Warfordsburg. Franklin Financial
stock is listed on the over-the-counter market under the
symbol FRAF.
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Charles M. Sioberg
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