Farmers National Bank Bolsters Executive Team with Chief Banking Officer Appointment
CANFIELD, Ohio–(BUSINESS WIRE)–
Farmers National Bank announces 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.
“Throughout my career I have held leadership roles in both the credit and lending areas. In this new role, I am excited to represent Farmers on both the sales and service as I partner with our talented teams that manage relationships and efficiently deploy capital to our communities,” stated Tim Shaffer.
To learn more about Farmers, visit farmersbankgroup.com.
ABOUT FARMERS NATIONAL BANC CORP.
Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking assets. Farmers National Banc Corp.’s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 62 banking locations in Mahoning, Trumbull, Columbiana, Portage, Stark, Wayne, Medina, Geauga and Cuyahoga Counties in Ohio and Beaver, Butler, Allegheny, Jefferson, Clarion, Venango, Clearfield, Mercer, Elk and Crawford Counties in Pennsylvania, and Farmers Trust Company, which operates five trust offices and offers services in the same geographic markets. Total wealth management assets under care at September 30, 2024 are $4.0 billion. Farmers National Insurance, LLC, a wholly-owned subsidiary of The Farmers National Bank of Canfield, offers a variety of insurance products.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250114491498/en/
Amber Wallace
SEVP, Chief Retail and Marketing Officer
330-720-6441
[email protected]
KEYWORDS: United States North America Ohio
INDUSTRY KEYWORDS: Professional Services Other Professional Services Small Business Insurance Finance Asset Management Banking
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