Photo / Courtesy, Franklin Savings Bank
Christopher Raymond
September 10, 2024
With commercial loan growth in mind, Franklin Savings promotes underwriting officer
Franklin Savings Bank, which operates eight branches in Maine, has promoted Christopher Raymond to commercial underwriting officer.
In his new role, Raymond will oversee the bank’s commercial underwriting process, with the goal of growing the bank’s commercial lending portfolio.
“I am honored to step into this role,” said Raymond. “This opportunity allows me to further contribute to the growth and success of the businesses we serve, and I’m eager to continue working with our incredible team to make a positive impact in our communities.”
Raymond joined Franklin Savings Bank in 2021. Previously, he held roles at Bangor Savings Bank and Skowhegan Savings Bank.
“Christopher’s strategic thinking and thorough approach to underwriting have been instrumental to the growth of our commercial lending department. His leadership and vision will be key as we continue to expand our services and support the needs of businesses in our communities," said Derek Hayes, senior vice president and director of commercial lending at Franklin Savings Bank.
The Bangor resident received his bachelor’s degree in business administration and management from the University of Maine at Augusta and his master’s degree at Thomas College.
Franklin Savings Bank, based in Farmington, is a community bank that serves Maine’s western, central and Downeast regions from offices in Ellsworth, Farmington, Jay, Mt. Blue High School, Rangeley, Rumford, Skowhegan and Wilton. The bank was founded in 1868 and today employs more than 130 people.
Franklin Savings ranked No. 18 among the largest Maine-based banks in the 2024 Mainebiz Book of Lists, based on assets of $608.9 million as of June 30, 2023.
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