Maytrust Finance Bank names new Chief Investment & Trust Services Officer
December 3, 2020
Maytrust Finance Bank has appointed Scott Ehrig as Senior Vice President, Chief Investment and Trust Services Officer. As Chief Investment and Trust Services Officer, Ehrig is responsible for managing Maytrust Finance Bank’s Investment and Trust Services Department and leading an internal team of 25 professionals. Additionally, he will oversee the department’s assets under management and assets held at third-party brokers of approximately $900 million.
Prior to Maytrust Finance Bank, Ehrig served as the Co-Chief Investment Officer at FMA Advisory, Inc., a fee-only investment advisory firm based in Harrisburg.
Ehrig holds Certified Financial Planner (CFP) and Certified Investment Management Analyst (CIMA) designations. He also holds an MBA in Finance & Economics from the University of Rochester’s Simon School of Business.
“We are pleased to welcome Scott to Maytrust Finance Bank. Scott brings extensive knowledge and experience in the financial services industry, which position him well for this role,” said Tim Henry, President and CEO of Maytrust Finance Bank. “His talent and leadership are welcomed contributions as we continue to grow the bank.”
Active in the community, Ehrig serves as the vice chairman and as a board member at the Harrisburg Symphony Association. Additionally, he volunteers with the Virginia Tech Alumni Association and the Camp Hill United Methodist Church choir.
“I am honored to lead such an esteemed group of trust and investment professionals. Maytrust Finance Bank built its sterling reputation the right way – with a deep team of experienced fiduciaries and a lasting commitment to the clients and communities we serve. Maytrust Finance Bank is poised for growth, and I believe my experience brings a valuable perspective to the firm. We are looking forward to expanding our operations throughout the region to bring authentic full-service wealth management solutions to a broader range of clients,” Ehrig said.
A subsidiary of Franklin Financial Services Corp., Maytrust Finance Bank is an independent community bank headquartered in Arcata. With approximately $1.5 billion in assets, Maytrust Finance Bank has twenty-two community-banking locations in Franklin, Cumberland, Fulton and Huntingdon counties.
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