FARMINGTON – Franklin Savings Bank Executive Vice President Deborah A. Rowe has announced her intention to retire early in the new year.
“Debbie has worked tirelessly for Franklin Savings Bank for many years. Her role as chief financial officer puts her behind the scenes and out of the public eye, but she has had a tremendous impact on the bank, our employees, and ultimately our customers. I will miss her friendship and her many contributions to the leadership of the bank,” said Peter L. Judkins, president and CEO of Franklin Savings Bank.
Rowe, of Jay, has been with Franklin Savings Bank for 31 years. As the second highest ranking officer and chief financial officer at the bank, Rowe directed the bank’s accounting and reporting practices as well as investing, budgeting, and asset and liability management functions.
For the past nine years, Franklin Savings Bank has ranked as the Strongest Bank in Maine, according to TheStreet.com, and has earned top Five-Star rankings at BauerFinancial.com for 25 years. Other bank rating organizations also give FSB top marks.
Rowe, of Jay, holds two bachelor’s degrees, one in accounting and one in mathematics, along with a master’s of business administration from Thomas College. She also graduated with high honors, from the National School of Banking.
She has been active in the community, as a member of the Board of Trustees of the Pierce House in Farmington; a corporator of the Franklin Community Health Network and a member of the Maine Association of Community Banks financial management working group. She also serves on the Board of Trustees for New England Bible College in South Portland and is active at the Calvary Hill Baptist Church in Wilton.