Rumford Branch Promotions: Franklin Savings Bank Announces Two VP Appointments


RUMFORD, ME – Franklin Savings Bank is proud to announce the promotions of two esteemed employees at its Rumford branch. Leanne Gagne has been promoted to Vice President, Loan Officer, and Jennifer Merrill has been promoted to Vice President, Commercial Loan Officer. These promotions reflect their hard work, dedication, and unwavering commitment to the Bank, its customers, and the communities they serve.
Leanne Gagne has been an integral part of Franklin Savings Bank for 36 years, starting her career as a receptionist. Over the years, she has built a strong customer portfolio and an extensive client base, embodying the values of community banking. Leanne is a true culture champion at FSB, dedicated to making FSB a great place to work. She is also deeply involved in her community, frequently giving back through various nonprofit organizations.
“Leanne’s dedication to our customers and her passion for community banking are truly remarkable,” said David Stolt, Senior Vice President, Director of Residential and Consumer Lending. “Her leadership, expertise, and commitment to excellence make her an invaluable member of our team.”
Reflecting on her journey with the Bank, Leanne shared, “FSB has been my home for over three decades, and I have cherished every moment of serving our customers and working alongside such a supportive team. I’m excited to continue fostering strong relationships and helping our community thrive.”
Leanne resides in Dixfield with her husband. Together, they share two adult children and a life full of cherished grandchildren.
Jennifer Merrill has been a key player in Franklin Savings Bank’s success for 27 years. She has played a crucial role in the growth and efficiency of the Commercial Department, ensuring seamless operations behind the scenes. In recent years, she has taken on a more visible role as a Loan Officer, supporting the Bank’s significant Rumford-based commercial portfolio. Her expertise has contributed greatly to the Bank’s continued success.
“Jennifer has been instrumental in driving the success of our commercial lending operations,” said Derek Hayes, Executive Vice President, Chief Lending Officer. “Her ability to navigate complex financial needs and build strong relationships with our business clients has been outstanding. We are thrilled to recognize her contributions with this well-deserved promotion.”
Looking ahead, Jennifer remarked, “I am honored to take on this new role and continue growing with FSB. The Bank has been an incredible place to build my career, and I look forward to continuing to support our customers and local businesses.”
Jennifer lives in Andover with her husband. Together, they share two adult daughters.
Franklin Savings Bank is honored to celebrate these two remarkable professionals and looks forward to their continued success in their roles.
Founded in 1868, Franklin Savings Bank is a community-focused financial institution that serves Maine’s western, central, and Downeast regions from eight locations. With a reputation for strong customer service and deep community involvement, the Bank offers a wide range of products and services.