FRANKLIN FINANCIAL SERVICES CORPORATION (OTCMKTS:FRAF) Files An 8-K Other Events
Item 8.01 Other Events.
The Board of Directors of Franklin Financial Services Corporation today announced its common stock has been approved for listing on the Nasdaq Stock Market.
Trading on the Nasdaq is currently expected to commence on or about May 1, 2019 under the trading symbol FRAF.
Currently, Franklin Financial Services Corporation stock is listed on the OTCQX market, which is operated by the OTC (Over-the-Counter) Markets Group.
“Our listing on the Nasdaq is a major milestone for the company and a true indicator of our growth. We believe that listing on the Nasdaq will enhance our visibility in the marketplace, increase the liquidity of our stock, broaden our shareholder base by attracting new investors and ultimately, build long-term shareholder value,” said Timothy G. Henry, President and CEO of Franklin Financial Services Corporation and F&M Trust.
Franklin Financial is the largest independent, locally owned and operated bank holding company headquartered in Franklin County with assets of more than $1.2 billion. Its wholly-owned subsidiary, F&M Trust, has twenty-two community banking locations in Franklin, Cumberland, Fulton and Huntingdon Counties. Please visit our website for more information, www.franklinfin.com.
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.
