Pike named VP, commercial loan officer at Franklin Savings Bank

FARMINGTON — Franklin Savings Bank has promoted RaeAnn Pike to vice president and commercial loan officer. Pike joined the commercial lending team in 2017 and has significant expertise in developing financing solutions for a wide range of business clients throughout Franklin County.

“Through her hard work, responsiveness to customers, and finance knowledge, RaeAnn has developed strong relationships with many business owners in virtually all stages of the business life-cycle,” said Derek Hayes, senior vice president, director of commercial lending.
Pike has been with Franklin Savings Bank since 2001, when she started working in the bank’s loan servicing area as a receptionist. Since that time, Pike has developed a comprehensive knowledge of the bank through her work in several areas including loan processing, commercial credit analysis and lending. Most recently, Pike lead the bank’s workout and collections function.
Pike is a graduate of Mt. Blue High School and earned a bachelor’s of science degree in psychology from the University of Maine at Orono. A resident of Wilton, Pike serves on the board of directors for the United Way of the Tri-Valley Area and is chair of their community investment team.