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EX-99.1 - EX-99.1 - FRANKLIN FINANCIAL SERVICES CORP /PA/fraf-20160701xex99_1.htm









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: July 1, 2016



FRANKLIN FINANCIAL SERVICES CORPORATION

(Exact name of registrant as specified in its new charter)



Pennsylvania                                  0-12126                        25-1440803

(State or other jurisdiction             (Commission                      (IRS Employer

of incorporation)                     File Number)                      Indent. No.)



20 South Main Street, Chambersburg, PA                                        17201

          (Address of principal executive office)                                       (Zip Code)



Registrant's telephone number, including area code                     (717) 264-6116



N/A

(Former name or former address, if changes since last report)



Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:



o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)



o

Soliciting material pursuant to Rule 14a –12 under the Exchange Act (17 CFR 240.14a –12)



o

Pre-commencement communications pursuant to Rule 14d – 2(b) under the Exchange Act (17 CFR 240.14d-2(b))



o

Pre-commencement communications pursuant to Rule 13e – 4(c) under the Exchange Act (17 CFR 240.13e-4(c))






 

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers



The Board of Directors of Franklin Financial Services Corporation, the bank holding company of F&M Trust, announced that Timothy G. Henry has been appointed as Chief Executive Officer of Franklin Financial Services Corporation and F&M Trust effective July 1, 2016. Henry was previously appointed President of Franklin Financial and F&M Trust effective February 1, 2016.



William E. Snell, Jr., will officially retire as CEO and a member of the Board of Directors on June 30, 2016. Snell will be engaged in a consulting capacity through the end of the year to continue to assist with the leadership transition.



Item 9.01 Financial Statements and Exhibits



(c) Exhibits. The following exhibits are filed herewith:



NumberDescription



99.1News Release dated July 1, 2016





                                                        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.



FRANKLIN FINANCIAL SERVICES CORPORATION                                                         



By: /s/ Timothy G. Henry  

Timothy G. Henry, President

                                                                       and Chief Executive Officer



Dated: July 1, 2016


 



EXHIBIT INDEX





Exhibit No.



99.1

  News Release, dated July 1, 2016 of Franklin Financial Services Corporation