Farmers National Bank announced the promotion of Michael Lipke to Senior Vice President, Chief Credit Officer.

Lipke joined Farmers in 2021 following the merger with Cortland Bancorp. Most recently, Lipke served as Director of Commercial Credit Administration for Farmers, managing a credit team responsible for a loan portfolio of more than $2 billion.

In his new role as Chief Credit Officer, the Bank’s commercial credit, loan operations and special assets departments will report to Lipke.

Lipke has more than 25 years of experience in banking and financial services and has served in several credit and commercial team leader roles throughout Northeast Ohio and Western PA. He holds a bachelor’s degree from Duquesne University as well as an MBA from the University of Pittsburgh.

“As Farmers continues to grow, maintaining our promise of supporting local businesses by delivering capital while preserving our strong credit quality is key. Michael’s years of experience as a leader in credit administration make him an asset to our team as we promote and maintain the Farmers credit culture,” says Kevin Helmick, President and CEO.

“I look forward to leveraging my leadership experience in credit policy and pricing while maintaining the legacy of Farmers strong asset quality. I have spent the last ten years in community banking and have seen first-hand the vital role community banks play in fostering local economic growth,” says Lipke.