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February 21, 2025

Franklin Savings Bank promotes longtime employee to leadership role

By Alexis Wells

Franklin Savings Bank, which operates eight branches in Maine, has promoted Bernice Cote to vice president and learning and development director. 

Throughout her 30-year tenure at Franklin Savings Bank, Cote has contributed expertise across multiple branches and departments, including the bank's training programs, where she led the training department. 

Photo / Courtesy Franklin Savings Bank
Bernice Cote

“I am honored to step into this role and continue fostering a culture of learning and growth at Franklin Savings Bank,” said Bernice. “It’s been a privilege to contribute to an organization that values its employees as much as its customers. I look forward to furthering our efforts to ensure everyone has the tools and knowledge they need to succeed.”

Franklin Savings Bank, based in Farmington, has offices in Ellsworth, Farmington, Jay, Rangeley, Rumford, Skowhegan, Wilton and inside Mt. Blue High School. The bank was founded in 1868 and today employs more than 140 people.

Franklin Savings was ranked No. 18 among the largest Maine-based banks in the 2025 Mainebiz Book of Lists, based on assets of $693.6 million as of June 30, 2024.

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