Photo / Courtesy Franklin Savings Bank
Sarah Baker
June 17, 2025
Franklin Savings promotes longtime employee to role in loan servicing and collections
Franklin Savings Bank, which operates eight branches in Maine, has promoted longtime employee Sarah Baker to vice president and loan servicing and collections officer.
During her 24 years with the company, Baker has held various roles, including customer service representative and accountant.
“Over the years, I’ve been fortunate to grow professionally and personally here at Franklin Savings Bank," Baker said. "I look forward to continuing to help our department and customers thrive."
The Farmington native attended local schools and has taken many courses in financial training and banker seminars.
“Sarah’s promotion is a celebration of the leadership, loyalty, and heart she brings to her work every day,” said David Stolt, the bank's director of residential and consumer lending. “Her ability to bring out the best in her team while keeping the needs of our customers at the center of everything she does is truly inspiring.”
Franklin Savings Bank, based in Farmington, has offices in Ellsworth, Farmington, Jay, Rangeley, Rumford, Skowhegan, Wilton and inside Mt. Blue High School. The bank was founded in 1868 and today employs more than 140 people.
Franklin Savings was ranked No. 18 among the largest Maine-based banks in the 2025 Mainebiz Book of Lists, based on assets of $693.6 million as of June 30, 2024.
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