Chambersburg-based F&M Trust hires former S&T Executive Vice President Chad Carroll as executive vice president and COO.
Carroll will be responsible for planning, organizing, and controlling the day-to-day activities of the bank and collaborating with Tim Henry, president and CEO in the overall administration of the bank.
As a member of the bank’s senior management team, he will participate in the development of strategic plans while managing a portion of the bank’s activities in the best interests of the shareholders, customers, employees, and communities the bank serves.
“As the bank continues to grow, both geographically and in asset size, we are excited to have Chad join us,” said Henry. “He brings a wealth of knowledge and experience to F&M Trust that will help us further execute our strategic plan and drive shareholder value.”
Carroll comes to F&M Trust from S&T Bank, where he was executive vice president, chief administrative officer, and director of consumer banking. During his five years with S&T Bank, he worked in mortgage and consumer lending, oversaw significant loan balance and deposit growth, and increased financial services revenue each year.
He has a bachelor’s degree in economics and history, and attended IESE Leadership College in Madrid, Spain.