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Chad Carroll has been promoted to president of F&M Trust. PHOTO/PROVIDED BY F&M TRUST
F&M Trust names new president
Listen to this articleChambersburg-based F&M Trust has promoted Chad Carroll to president, strengthening leadership at its Central Pennsylvania headquarters.
Carroll will serve as president and chief operating officer, effective April 28.
“Chad has demonstrated exceptional leadership, strategic vision, and a deep commitment to our customers, employees, and communities,” F&M Trust Chief Executive Officer Craig Best said in a statement. “Since joining F&M Trust, he has played an important role in advancing our strategic priorities and strengthening our organization. I am pleased to see him assume the role of president and look forward to continuing to work alongside him.”
As president and chief operating officer, Carroll will work with Best in the overall leadership and administration of F&M Trust while continuing to oversee day-to-day operations. He will remain involved in executing the bank’s strategic plan, supporting continued growth, and serving the best interests of the bank’s shareholders, customers, employees, and communities. Carroll is also being appointed to the F&M Trust Board of Directors.
Joining F&M Trust in 2023 as executive vice president and chief operating officer, Carroll was promoted to senior executive vice president in January 2026. Carroll has been responsible for overseeing the bank’s day-to-day operations and supporting the bank’s continued market expansion and asset growth. He is based out of the bank’s corporate headquarters in Chambersburg.
“Chad Carroll has been a key contributor to the success and milestones that are being achieved at the bank,” said G. Warren Elliott, chairman of the Board of Directors for Franklin Financial Services Corporation and F&M Trust. “I am excited about the opportunity to work with him as our next president.”
A subsidiary of Franklin Financial Services Corp., F&M Trust is an independent community bank. With $2.2 billion in assets, F&M Trust has 23 community-banking locations in Franklin, Cumberland, Dauphin, Fulton, and Huntingdon counties in Pennsylvania, and in Washington County, Md.
