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Franklin Financial Services 
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Franklin Financial Services is a public financial holding company headquartered in Chambersburg, Pennsylvania. It was founded in 1907 and has been publicly traded since 1988. The company operates primarily through its subsidiary, F&M Trust, a community bank that offers a wide range of financial services including personal and business banking, wealth management, and insurance. F&M Trust has locations throughout South Central Pennsylvania and has been serving customers for over 110 years.
The company’s overarching goal is to be the preferred provider of financial services in the communities it serves. This is achieved by focusing on building strong relationships and providing exceptional customer service.
Franklin Financial Services prides itself on being a locally owned and operated company that is deeply rooted in the communities it serves. The company and its employees are actively involved in supporting and giving back to the communities through volunteer work and financial contributions.
Since its inception, Franklin Financial Services has grown to over $1 billion in assets and continues to expand its services and market reach through strategic acquisitions and organic growth. The company is committed to providing its customers with the financial tools and resources they need to achieve their financial goals.
The company’s overarching goal is to be the preferred provider of financial services in the communities it serves. This is achieved by focusing on building strong relationships and providing exceptional customer service.
Franklin Financial Services prides itself on being a locally owned and operated company that is deeply rooted in the communities it serves. The company and its employees are actively involved in supporting and giving back to the communities through volunteer work and financial contributions.
Since its inception, Franklin Financial Services has grown to over $1 billion in assets and continues to expand its services and market reach through strategic acquisitions and organic growth. The company is committed to providing its customers with the financial tools and resources they need to achieve their financial goals.
What is special about the company?
1. Longstanding History: The Franklin Financial Services company has been in operation since 1906, making it one of the oldest financial institutions in the United States.
2. Community Focus: The company is deeply rooted in the communities it serves and places a strong emphasis on building relationships and supporting local businesses.
3. Customer-driven Approach: Franklin Financial Services puts its customers first and is committed to providing personalized and high-quality financial services to meet their specific needs.
4. Strong Financial Performance: The company has a long history of strong financial performance, with solid profits and a strong balance sheet.
5. Diversified Services: Franklin Financial Services offers a wide range of financial services, including banking, insurance, trust and investment services, giving customers convenient access to all their financial needs under one roof.
6. Experienced Management Team: The company is led by a highly experienced management team with decades of experience in the financial services industry.
7. Commitment to Innovation: Franklin Financial Services embraces technology and continuously seeks innovative ways to improve its services, making it a leader in the industry.
8. Corporate Social Responsibility: The company is committed to giving back to the community and supports various charitable initiatives and community development projects.
9. Transparent and Ethical: Franklin Financial Services operates with transparency and integrity and has established a strong reputation for ethical behavior in the financial services industry.
10. Strong Corporate Governance: The company has a robust corporate governance structure in place, with a focus on accountability and responsible decision-making.
2. Community Focus: The company is deeply rooted in the communities it serves and places a strong emphasis on building relationships and supporting local businesses.
3. Customer-driven Approach: Franklin Financial Services puts its customers first and is committed to providing personalized and high-quality financial services to meet their specific needs.
4. Strong Financial Performance: The company has a long history of strong financial performance, with solid profits and a strong balance sheet.
5. Diversified Services: Franklin Financial Services offers a wide range of financial services, including banking, insurance, trust and investment services, giving customers convenient access to all their financial needs under one roof.
6. Experienced Management Team: The company is led by a highly experienced management team with decades of experience in the financial services industry.
7. Commitment to Innovation: Franklin Financial Services embraces technology and continuously seeks innovative ways to improve its services, making it a leader in the industry.
8. Corporate Social Responsibility: The company is committed to giving back to the community and supports various charitable initiatives and community development projects.
9. Transparent and Ethical: Franklin Financial Services operates with transparency and integrity and has established a strong reputation for ethical behavior in the financial services industry.
10. Strong Corporate Governance: The company has a robust corporate governance structure in place, with a focus on accountability and responsible decision-making.
What the company's business model?
Franklin Financial Services is a bank holding company that provides banking and financial services to individuals and businesses. The main components of their business model include:
1. Deposits: Franklin Financial Services accepts deposits from its customers, including checking, savings, money market accounts, and certificates of deposit.
2. Loans: The company offers a variety of loans, including mortgage loans, commercial loans, and consumer loans.
3. Investment services: Franklin Financial Services offers investment services to its customers, including investment advisory services, brokerage services, and retirement planning.
4. Insurance: The company also provides insurance products, such as life, property, and casualty insurance, to its customers.
5. Fee-based services: In addition to traditional banking services, Franklin Financial Services generates revenue from various fee-based services, including credit card fees, ATM fees, and account maintenance fees.
6. Geographic focus: The company primarily operates in Pennsylvania, with a focus on serving small and medium-sized businesses and individual customers in its local communities.
7. Acquisitions: Franklin Financial Services also grows its business through targeted acquisitions of community banks in areas where it wants to expand its presence.
8. Customer-centric approach: The company is committed to building strong relationships with its customers by providing personalized and responsive services to meet their unique financial needs.
9. Diversification: To manage risk and generate stable income, Franklin Financial Services has a diversified portfolio of loans and investments, as well as a mix of retail and commercial customers.
Overall, Franklin Financial Services’ business model is centered on providing comprehensive banking and financial services to its customers while maintaining a strong focus on geographic and product diversification for sustainable growth and profitability.
1. Deposits: Franklin Financial Services accepts deposits from its customers, including checking, savings, money market accounts, and certificates of deposit.
2. Loans: The company offers a variety of loans, including mortgage loans, commercial loans, and consumer loans.
3. Investment services: Franklin Financial Services offers investment services to its customers, including investment advisory services, brokerage services, and retirement planning.
4. Insurance: The company also provides insurance products, such as life, property, and casualty insurance, to its customers.
5. Fee-based services: In addition to traditional banking services, Franklin Financial Services generates revenue from various fee-based services, including credit card fees, ATM fees, and account maintenance fees.
6. Geographic focus: The company primarily operates in Pennsylvania, with a focus on serving small and medium-sized businesses and individual customers in its local communities.
7. Acquisitions: Franklin Financial Services also grows its business through targeted acquisitions of community banks in areas where it wants to expand its presence.
8. Customer-centric approach: The company is committed to building strong relationships with its customers by providing personalized and responsive services to meet their unique financial needs.
9. Diversification: To manage risk and generate stable income, Franklin Financial Services has a diversified portfolio of loans and investments, as well as a mix of retail and commercial customers.
Overall, Franklin Financial Services’ business model is centered on providing comprehensive banking and financial services to its customers while maintaining a strong focus on geographic and product diversification for sustainable growth and profitability.
Interesting facts about the company
1. Franklin Financial Services was founded in 1890 as Franklin Savings and Loan Association in Chambersburg, Pennsylvania. It was one of the first savings and loan associations in the state of Pennsylvania.
2. The company’s original mission was to provide affordable home loans to residents of Franklin County, Pennsylvania. Today, the company offers a wide range of financial services to individuals, families, and businesses in the area.
3. In 1990, Franklin Savings and Loan Association became a publicly traded company and changed its name to Franklin Financial Services Corporation. The stock is currently traded on the NASDAQ stock exchange under the ticker symbol FRAF.
4. Franklin Financial Services has grown significantly since its founding and now has over $1 billion in assets under management.
5. The company has 22 branch locations throughout central Pennsylvania, making it one of the largest community banks in the region.
6. Franklin Financial Services prides itself on its commitment to giving back to the communities it serves. It supports various local charities and organizations through volunteer work and financial donations.
7. In 2020, Franklin Financial Services was recognized as one of the top 200 community banks in the country by American Banker Magazine.
8. The company offers a wide range of financial products and services, including personal and business banking, mortgage lending, insurance services, and investment management.
9. Franklin Financial Services is known for its strong customer service and has been recognized by independent research firms for its excellence in this area.
10. The company has a history of staying true to its values and commitment to its customers, even during difficult economic times. This has earned it a loyal customer base and made it a trusted institution in the community.
See Company Due Diligence:
2. The company’s original mission was to provide affordable home loans to residents of Franklin County, Pennsylvania. Today, the company offers a wide range of financial services to individuals, families, and businesses in the area.
3. In 1990, Franklin Savings and Loan Association became a publicly traded company and changed its name to Franklin Financial Services Corporation. The stock is currently traded on the NASDAQ stock exchange under the ticker symbol FRAF.
4. Franklin Financial Services has grown significantly since its founding and now has over $1 billion in assets under management.
5. The company has 22 branch locations throughout central Pennsylvania, making it one of the largest community banks in the region.
6. Franklin Financial Services prides itself on its commitment to giving back to the communities it serves. It supports various local charities and organizations through volunteer work and financial donations.
7. In 2020, Franklin Financial Services was recognized as one of the top 200 community banks in the country by American Banker Magazine.
8. The company offers a wide range of financial products and services, including personal and business banking, mortgage lending, insurance services, and investment management.
9. Franklin Financial Services is known for its strong customer service and has been recognized by independent research firms for its excellence in this area.
10. The company has a history of staying true to its values and commitment to its customers, even during difficult economic times. This has earned it a loyal customer base and made it a trusted institution in the community.
See Company Due Diligence:
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