Denise McNeil Joins Bank of Oak Ridge Board of Directors

Rhea-AI Summary

Oak Ridge Financial Services (OTCPink: BKOR) announced the appointment of Denise McNeil to its Board of Directors. McNeil, a seasoned expert in financial institution technology, previously supported the bank's successful system upgrade in 2019. Board Chair Doug Boike expressed optimism about her joining, while CEO Tom Wayne emphasized her contributions to enhancing the bank's service excellence for clients and shareholders. McNeil brings over 27 years of experience, having partnered with numerous financial institutions across the U.S. to drive growth through technology.

Positive

• Denise McNeil's appointment is expected to enhance the bank's technological capabilities.
• Her expertise in financial institution technology aligns with the bank's goal of delivering excellence.

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• None.

OAK RIDGE, N.C., May 05, 2022 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, holding company for Bank of Oak Ridge, (OTCPink: BKOR), announced the addition of Denise McNeil to the Board of Directors for the bank and the holding company.

“Denise brings the latest knowledge in financial institution technology,” said Doug Boike, Board Chair. “We are honored that she will be joining us, and I look forward to serving with her.”

“We are thrilled to grow our Board of Directors,” says Tom Wayne, Chief Executive Officer. “Denise’s financial and technological expertise, along with her time advising and supporting Bank of Oak Ridge through our successful system upgrade in 2019 will provide valuable insight to our organization as we strive to deliver excellence for our clients, employees and shareholders.”

McNeil continues to lead Harper McNeil Inc. as founder for the past 27 years and president for the last 2 years. She has partnered with hundreds of financial institutions to help grow their companies through technology across the U.S. for banks up to $20 billion in assets. Prior to founding Harper McNeil, she began her career in community bank internal auditing. McNeil graduated from Appalachian State University with a BSBA in Accounting. She continues to be active in financial institution FinTech and supports the Entrepreneur program at Appalachian State University.

About Oak Ridge Financial Services, Inc.
At Bank of Oak Ridge, we pride ourselves on knowing your name when you walk through our door. Whether in person or through our digital offerings, managing your financial wellbeing is easy, safe and convenient. We are the longest-running employee-owned community bank in the Triad and have served community members, local businesses, and non-profit organizations since 2000. Learn more about what makes Bank of Oak Ridge the Triad’s community bank by visiting one of our convenient locations in Greensboro, High Point, Summerfield & Oak Ridge.

Oak Ridge Financial Services, Inc. (OTCPink: BKOR) is the holding company for Bank of Oak Ridge. Bank of Oak Ridge is a member of the FDIC and an Equal Housing Lender.

Awards & Recognitions | Best Bank in the Triad | Triad’s Top Workplace Finalist | 2016 Better Business Bureau Torch Award for Business Ethics | Triad’s Healthiest Employer Winner

Banking for Business & Personal | Mobile & Online Banking | Worldwide ATM | Debit, Credit + Rewards | Checking, Savings & Money Market | Loans + SBA | Mortgage | Insurance | Wealth Management

Let’s Talk | 336.644.9944 | www.BankofOakRidge.com | Extended Hours at all Triad Locations

FAQ

What is the significance of Denise McNeil joining the Board of Directors of Bank of Oak Ridge?

Denise McNeil's appointment is significant as she brings extensive knowledge in financial institution technology, which is expected to enhance the bank's service and operational capabilities.

When was Denise McNeil appointed to the Board of Directors for BKOR?

Denise McNeil was appointed to the Board of Directors on May 5, 2022.

What experience does Denise McNeil have that will benefit Bank of Oak Ridge?

Denise McNeil has over 27 years of experience in financial technology and has advised numerous financial institutions, which will provide valuable insights for Bank of Oak Ridge.

How does Denise McNeil's background support BKOR's growth?

Her background in technology and her previous collaboration with BKOR during its system upgrade will help drive further innovation and efficiency within the bank.