Oak Ridge Financial Services, Inc. announced the retirement of L. William “Bill” Vasaly, III, Executive Vice President, Chief Credit Officer, and Community Reinvestment Act Officer. A veteran of the Bank of Oak Ridge since its founding in April 2000, Vasaly has been responsible for numerous functional areas during his tenure, including commercial and retail lending, mortgage origination, and all direct lending and commercial loan production. A valued member of the bank’s Board of Directors, Vasaly will continue to serve on the board and as loan committee chairperson following his retirement. Jeff Finberg joined Bank of Oak Ridge in April 2006 as the Branch Manager of New Garden and has held successive roles of increasing responsibility and scope. He has more than 20 years of combined banking experience, including Bank of Oak Ridge and SunTrust, is a NCBA School of Banking graduate and holds a B.S. in Management and Economics from the University of North Carolina at Greensboro. The company also announced the promotion of Jeff Finberg, who has been promoted to Director of Lending, and of Charles Ryan, who has been promoted to Chief Credit Officer, Charles will report to Jeff administratively and for loan operations while reporting to me for credit and compliance. Charles has been a key leader of the credit and loan support team and has contributed greatly to the well-being and performance of the bank. He joined Bank of Oak Ridge in July of 2012 as Credit Manager. He has more than 20 years of combined banking experience, including Bank of Oak Ridge, BB&T, Wachovia and Truliant, is a NCBA School of Banking graduate, has earned his RMA Credit Risk Certification (CRC) and holds a B.S. in Business Administration and Finance from the University of South Carolina.