0001144204-12-001027.txt : 20120106 0001144204-12-001027.hdr.sgml : 20120106 20120106154143 ACCESSION NUMBER: 0001144204-12-001027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120105 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120106 DATE AS OF CHANGE: 20120106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN FINANCIAL SERVICES CORP /PA/ CENTRAL INDEX KEY: 0000723646 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 251440803 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12126 FILM NUMBER: 12514429 BUSINESS ADDRESS: STREET 1: 20 S MAIN ST STREET 2: P O BOX 6010 CITY: CHAMBERSBURG STATE: PA ZIP: 17201-0819 BUSINESS PHONE: 7172646116 MAIL ADDRESS: STREET 1: 20 SOUTH MAIN ST STREET 2: PO BOX 6010 CITY: CHAMBERSBURG STATE: PA ZIP: 17201-0819 8-K 1 v244928_8k.htm FORM 8-K
 
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 (Date of earliest event reported): January 5, 2012

FRANKLIN FINANCIAL SERVICES CORPORATION
(Exact name of registrant as specified in its 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(b)  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

The news release of Franklin Financial Services Corporation attached as Exhibit 99.1, announces the retirement of Charles M. Sioberg from the Board of Directors of Franklin Financial Services Corporation and its wholly-owned subsidiary, Farmers and Merchants Trust Company of Chambersburg, effective as of the close of business on December 31, 2011, having reached the mandatory retirement age of 70.
 
Item 9.01  Financial Statements and Exhibits.

(d)  Exhibits.

The following exhibits are filed herewith:

Number
Description
   
99 .1
Press Release of Franklin Financial Services Corporation


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/ William E. Snell, Jr.
 
William E. Snell, Jr., President and Chief Executive Officer

Dated: January 5, 2012
 
 
 

 
EX-99.1 2 v244928_ex99-1.htm EXHIBIT 99.1
Sioberg retires from Franklin Financial, F&M Trust boards

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.