FRANKLIN FINANCIAL SERVICES CORPORATION (OTCMKTS:FRAF) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws
On March 9, 2017 the Board of Directors of Franklin Financial
Services Corporation approved a resolution that amends Section
3.15 of the bylaws of the Corporation. The current bylaws provide
for automatic retirement at the end of the calendar year in which
the director reaches age 70. This amendment changes the automatic
retirement date to the end of the calendar year in which the
director reaches age 72.
A copy of the amended bylaws is attached as Exhibit99 of this
report.
Item 9.01 Financial Statements and Exhibits.
(c)Exhibits.
The following exhibits are filed herewith:
Number Description Page Number
99 |
Franklin Financial Services Corporation Bylaws 3 |
Amended March 9, 2017
About FRANKLIN FINANCIAL SERVICES CORPORATION (OTCMKTS:FRAF)
Franklin Financial Services Corporation is a bank holding company. The Company conducts its business through its banking subsidiary, Farmers and Merchants Trust Company of Chambersburg (the Bank). The Bank is a Pennsylvania-chartered commercial bank and trust company. It operates over 20 community banking offices in Franklin, Cumberland, Fulton and Huntingdon counties in Pennsylvania. The Bank is engaged in general commercial, retail banking and trust services associated with community banks. The Bank offers a range of services, including accepting and maintaining checking, savings, and time deposit accounts, making loans and providing safe deposit facilities to businesses, individuals and governmental entities. The Company’s subsidiary, Franklin Future Fund Inc., is a non-bank investment company that makes venture capital investments within the Company’s primary market area. FRANKLIN FINANCIAL SERVICES CORPORATION (OTCMKTS:FRAF) Recent Trading Information
FRANKLIN FINANCIAL SERVICES CORPORATION (OTCMKTS:FRAF) closed its last trading session down -0.09 at 30.40 with shares trading hands.