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Farmers National Bank Bolsters Executive Team with Chief Banking Officer Appointment

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Farmers National Bank has appointed Tim Shaffer as Chief Banking Officer, promoting him from his previous role as Chief Credit Officer. Shaffer, who joined the bank in 2011, has held various leadership positions including Commercial Lending Team Leader, Director of Commercial Banking/Private Banking Services, Mahoning Valley Regional President, and Chief Lending Officer.

In his new role, Shaffer will oversee the strategy and execution of credit, commercial and mortgage lending areas. The appointment is described as a key element of the organization's growth strategy, leveraging his extensive background in credit, lending, and commercial banking services to assess business conditions across all markets in the bank's footprint.

Farmers National Bank ha nominato Tim Shaffer come Chief Banking Officer, promuovendolo dal suo precedente ruolo di Chief Credit Officer. Shaffer, che è entrato nella banca nel 2011, ha ricoperto diverse posizioni di leadership, tra cui Leader del Team di Prestiti Commerciali, Direttore dei Servizi di Banking Commerciale/Private Banking, Presidente Regionale della Mahoning Valley e Chief Lending Officer.

Nel suo nuovo ruolo, Shaffer supervisionerà la strategia e l'esecuzione nelle aree del credito, dei prestiti commerciali e dei mutui. Questa nomina è descritta come un elemento chiave della strategia di crescita dell'organizzazione, sfruttando la sua vasta esperienza nel credito, nei prestiti e nei servizi di banking commerciale per valutare le condizioni di mercato in tutti i settori coperti dalla banca.

Farmers National Bank ha designado a Tim Shaffer como Chief Banking Officer, promoviendo su ascenso desde su anterior posición como Chief Credit Officer. Shaffer, quien se unió al banco en 2011, ha ocupado varios puestos de liderazgo, incluyendo Líder del Equipo de Préstamos Comerciales, Director de los Servicios de Banca Comercial/Banca Privada, Presidente Regional del Valle Mahoning y Chief Lending Officer.

En su nuevo cargo, Shaffer supervisará la estrategia y la ejecución en las áreas de crédito, préstamos comerciales y de hipotecas. El nombramiento se describe como un elemento clave de la estrategia de crecimiento de la organización, aprovechando su amplia experiencia en crédito, préstamos y servicios bancarios comerciales para evaluar las condiciones del negocio en todos los mercados en la cobertura de la banca.

Farmers National Bank는 Tim Shaffer를 Chief Banking Officer로 임명하며 이전의 Chief Credit Officer에서 승진시켰습니다. 2011년에 은행에 합류한 Shaffer는 상업 대출 팀 리더, 상업은행/사모은행 서비스 이사, Mahoning Valley 지역 회장 및 Chief Lending Officer를 포함하여 다양한 리더십 직책을 역임했습니다.

새로운 직책에서 Shaffer는 신용, 상업 대출 및 주택 담보 대출 분야의 전략과 실행을 감독할 것입니다. 이번 임명은 조직의 성장 전략의 핵심 요소로 설명되며, 그의 광범위한 신용, 대출 및 상업 은행 서비스 경험을 활용하여 은행의 모든 시장에서 비즈니스 조건을 평가할 수 있도록 합니다.

Farmers National Bank a nommé Tim Shaffer au poste de Chief Banking Officer, le promouvant de son précédent poste de Chief Credit Officer. Shaffer, qui a rejoint la banque en 2011, a occupé divers postes de direction, notamment leader de l'équipe de prêts commerciaux, directeur des services bancaires commerciaux/de banque privée, président régional de Mahoning Valley et Chief Lending Officer.

Dans son nouveau rôle, Shaffer supervisera la stratégie et l'exécution dans les domaines du crédit, des prêts commerciaux et des prêts hypothécaires. La nomination est décrite comme un élément clé de la stratégie de croissance de l'organisation, s'appuyant sur son expérience approfondie en matière de crédit, de prêts et de services bancaires commerciaux pour évaluer les conditions des affaires sur tous les marchés couverts par la banque.

Farmers National Bank hat Tim Shaffer zum Chief Banking Officer ernannt und ihn aus seiner vorherigen Funktion als Chief Credit Officer befördert. Shaffer, der 2011 zur Bank kam, hat verschiedene Führungspositionen innegehabt, darunter Teamleiter für kommerzielle Kredite, Direktor für kommerzielle Bankdienstleistungen/private Banking, Regionalpräsident von Mahoning Valley und Chief Lending Officer.

In seiner neuen Rolle wird Shaffer die Strategie und Umsetzung in den Bereichen Kreditvergabe, kommerzielle Kredite und Hypothekendarlehen überwachen. Die Ernennung wird als zentrales Element der Wachstumsstrategie der Organisation beschrieben, die seine umfangreiche Erfahrung in den Bereichen Kredit, Darlehen und kommerzielle Bankdienstleistungen nutzt, um die Geschäftslage in allen Märkten im Einzugsgebiet der Bank zu bewerten.

Positive
  • Strategic internal promotion maintaining continuity in leadership
  • Appointment supports bank's growth strategy
  • Executive brings extensive experience in credit and lending operations
Negative
  • None.

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.

Amber Wallace

SEVP, Chief Retail and Marketing Officer

330-720-6441

awallace@famersbankgroup.com

Source: Farmers National Banc Corp.

FAQ

Who is the new Chief Banking Officer at Farmers National Bank (FMNB)?

Tim Shaffer has been appointed as the new Chief Banking Officer at Farmers National Bank, promoted from his previous position as Chief Credit Officer.

What are Tim Shaffer's responsibilities as FMNB's Chief Banking Officer?

As Chief Banking Officer, Tim Shaffer will oversee the strategy and execution of credit, commercial and mortgage lending areas at Farmers National Bank.

What previous positions has Tim Shaffer held at FMNB since 2011?

Since joining in 2011, Shaffer has held positions including Chief Credit Officer, Commercial Lending Team Leader, Director of Commercial Banking/Private Banking Services, Mahoning Valley Regional President, and Chief Lending Officer.

How does Tim Shaffer's appointment align with FMNB's strategic goals?

The appointment is a key element of the organization's growth strategy, utilizing Shaffer's extensive background in credit, lending, and commercial banking services to assess business conditions across all markets.

Farmers National Banc Corp

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Banks - Regional
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United States of America
CANFIELD