Bank of Oak Ridge Appoints Darryl Jones to Board of Directors

Oak Ridge Financial Services, Inc. (OTCPink: BKOR), the parent company of Bank of Oak Ridge, announced the appointment of Darryl Jones to its Board of Directors on September 16, 2025. Mr. Jones brings over 35 years of executive experience in fields such as information technology, enterprise systems, data governance, risk management, and digital transformation. Currently, he serves as the Director of Systems and Operations at Winston-Salem State University, where he is responsible for enhancing operational efficiency and safeguarding institutional systems. His previous role as Chief Information Officer for the City of Greensboro involved overseeing the city's technology infrastructure. Additionally, he has contributed to governance as a board member of the City of Greensboro Credit Union.

Tom Wayne, CEO and Chair of the Board, expressed his enthusiasm for Jones' appointment, stating that his leadership and technology acumen will greatly benefit the board. Wayne emphasized that Jones' forward-looking guidance aligns with the bank's mission to serve small businesses, families, and non-profits within the community.

Jones' addition to the Board underscores Bank of Oak Ridge's commitment to strong governance and reinforces its promise of "You Matter Here." The bank continues to invest in leadership and decision-making that supports the long-term success of its clients and the community.

As a community-focused, employee-owned institution, Bank of Oak Ridge prides itself on delivering personalized banking experiences, combined with modern tools and technologies that ensure convenience and security for its customers. Whether individuals are looking to establish new banking relationships or enhance existing ones, Bank of Oak Ridge aims to provide seamless and customized services. For more information, customers can reach out at 336.644.9944 or visit BankofOakRidge.com.

The recent appointment of Darryl Jones to the Board of Directors at Bank of Oak Ridge presents an intriguing opportunity for investors and stakeholders in Oak Ridge Financial Services, Inc. (OTCPink: BKOR). With over 35 years of executive experience, especially in technology and risk management, Mr. Jones is likely to play a pivotal role in steering the bank toward modernization and operational excellence.

Mr. Jones's focus on digital transformation aligns with the broader banking industry's shift towards enhanced technological capabilities and data governance. His previous executive roles, particularly as Chief Information Officer for the City of Greensboro, suggest that he has the strategic foresight needed to implement effective technological solutions. This is particularly crucial in today’s competitive financial landscape, where customer expectations increasingly favor seamless, tech-driven banking experiences.

For investors, this strategic hiring underscores the bank's commitment to improving its operational infrastructure and governance practices. With a clear focus on strengthening customer relationships and enhancing service delivery, the bank may see increased customer retention and attraction. The bank’s motto, "You Matter Here," indicates a strong client-centered approach that may translate into enhanced brand loyalty.

However, potential investors should also consider market conditions and sector-specific risks. While the appointment is a step toward a more robust governance framework, the overall economic environment will significantly influence the bank's performance. Factors such as interest rates, regulatory changes, and local economic conditions will play crucial roles in determining the success of this strategic initiative.

Overall, the market sentiment toward BKOR should be cautiously optimistic. Potential investors might view this leadership change as a positive catalyst for growth. Monitoring how the bank integrates Mr. Jones’s expertise into its operations will be vital for making informed investment decisions moving forward.