2012-01-12 / Church News

Sioberg Retires From Franklin Financial, F&M Trust Boards

Franklin Financial Services Corp. has 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 reelected to the board for the ninth time in 2009.

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.

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