CANFIELD, Ohio — Farmers National Bank this week announced the appointment of a key executive position. The role of chief banking officer will be filled by Tim Shaffer, a tenured leader of the organization who most recently served as chief credit officer.
After joining Farmers in 2011, Shaffer went on to hold various leadership positions within the bank, including commercial lending team leader, director of commercial banking/private banking services, Mahoning Valley regional president and chief lending officer.
Shaffer’s appointment to chief banking officer is a key element of the organization’s growth strategy. With an extensive background in credit, lending and commercial banking services, Shaffer will provide valuable strategic insights when assessing business conditions across all markets in the bank’s footprint. As chief banking officer, Shaffer will oversee the strategy and execution of the credit, commercial and mortgage lending areas.
“Tim has been an integral part of our bank’s success since joining us in 2011, and his stellar background in lending and credit make him the ideal person for this role. As Farmers continues to grow, maintaining our promise of supporting local businesses by delivering capital while preserving our strong credit quality is key, and Tim will be the perfect individual to promote and maintain Farmers credit culture,” says Kevin Helmick, president and CEO.
“In this new role, I am excited to represent Farmers in both the sales and service as I partner with our talented teams that manage relationships and efficiently deploy capital to our communities,” says Tim Shaffer.