KS StateBank has announced an expanded leadership role in government finance for Vice President Jaymie Paavola-Luckert.
In addition to her current leadership role, Paavola-Luckert will now be managing the payment and servicing reconciliation department for Baystone Government Finance, the bank’s municipal financing division where she oversees day-to-day operations. The department handles incoming payments, payoffs, collections and overall post-funding-related payment issues.
“Jaymie has worked hard throughout the growth and changes in government finance. Her achievements have paid off,” said Marsha Jarvis, the retiring Senior Vice President of Lending Operations for Baystone, for whom Paavola-Luckert will take over.
Baystone, in conjunction with KS StateBank, has been providing municipal financing since 1987. Paavola-Luckert oversees a professional team that assists government and nonprofit entities in financing much-needed equipment, infrastructure improvements and facilities so they may continue to grow and serve their community. Baystone serves clients nationwide and can structure, document and fund transactions from start to finish.
Paavola-Luckert joined the bank in 2010 as a Documentation Processor and three years later was named Documentation Supervisor, becoming an integral part of developing departmental efficiencies. In 2020, Paavola-Luckert was promoted to Vice President of Government Finance and currently manages the entire pre-funding staff, including contract preparation, the client relations staff and funding operations.
“In the last 12 years, I have worked in every department of government finance,” she said. “I love learning new things; it motivates me every day. I also enjoy sharing that knowledge with others.”
Paavola-Luckert and the professional team at Baystone remain committed to providing solutions for their valued clients in the public finance marketplace.
“We are looking to adjust to this post-COVID world and will continue to serve our customers with the great one-on-one service that we’ve always offered,” she said. “And as new needs come about, we want to be here to help them.”