From Timothy J. Thompson
President & Chief Executive Officer

(From the 2024 Annual Report)

Franklin Savings Bank continues to be a financially strong, independent, community bank dedicated to exceptional service to you – our employees, our customers, our communities.

In 2024, we experienced market-leading growth in deposits and loans. This growth is a testament to the fact that more and more people and businesses are choosing Franklin Savings Bank as their primary, trusted financial partner for their deposit and loan needs. We see this growth as both a validation of our exceptional service and as a responsibility for us to continuously strive for the next level.

As our market share continues to grow in our foundational markets in Western Maine, we are also seeing great success with our expansion into the greater Ellsworth area. Our new full-service branch in Ellsworth will open in late spring. This location will allow us to serve even more Mainers with the trusted, personalized banking experience they prefer.

I am proud of our dedicated team and the progress, growth, and momentum we’ve built. Franklin Savings Bank is one of the strongest banks in Maine. In 2025, and beyond, we are committed to intentional strategies that continue to strengthen the Bank, through innovation, relationship-building, and exploring new ways to better serve you – our employees, our customers, our communities.

Proud to be FSB!