Farmers National Bank announced the promotion of Michael Lipke to Senior Vice President, Chief Credit Officer, effective April 7, 2025. This appointment strengthens the bank's executive leadership in a critical area of its operations.
Lipke joined Farmers in 2021 following the merger with Cortland Bancorp, bringing valuable experience to the institution. In his previous role as Director of Commercial Credit Administration, he managed a credit team responsible for a loan portfolio exceeding $2 billion.
In his new capacity, Lipke will oversee the bank's commercial credit, loan operations, and special assets departments. This consolidation of responsibilities under his leadership is expected to enhance the bank's overall credit risk management framework.
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