Franklin Savings Bank
Katherine Yardley
July 24, 2023
Education dean at UMF is named a director of Franklin Savings Bank
Franklin Savings Bank, with eight branches stretching from the western mountains to Downeast, has elected a new director to its board.
Katherine Yardley has been a bank corporator since 2013 and chaired the bank’s nominating committee.
“I am honored to join the board of directors at Franklin Savings Bank,” said Yardley. “I remember opening my first account with the bank 30-plus years ago. I look forward to working with the team to continue to build on the bank’s long history of superior customer and community service and financial strength.”
The Farmington resident is the interim co-provost as well as dean of Education, Health and Rehabilitation at the University of Maine Farmington. The department provides high-quality undergraduate and graduate degree programs to approximately half of UMF’s students.
"Kathy will be a great addition to the Franklin Savings Bank board of directors," said board chairman, Peter Judkins. "She represents the greater Farmington area and one of the largest local employers, The University of Maine at Farmington. We look forward to her many contributions to the board."
Yardley has worked on numerous boards, committees, grant-writing teams and state legislative councils over the course of her career.
“Her extensive leadership experience and community knowledge will be invaluable to our organization as we continue to grow and expand our services," said Tim Thomson, president and CEO of Franklin Savings Bank.
She received her doctorate in early childhood education from the University of Massachusetts at Amherst and a bachelor’s degree in psychology from Bowdoin College.
Franklin Savings Bank, which is based in Farmington, has offices in Ellsworth, Farmington, Jay, Mt. Blue High School, Rangeley, Rumford, Skowhegan and Wilton.
Franklin Savings was ranked No. 18 among the largest Maine-based banks in the 2023 Mainebiz Book of Lists, based on assets as of June 30, 2022.
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