Commercial lender Tim Tunney has joined Franklin Savings Bank.
“Tim has a wealth of knowledge, experience, and connection to the greater Ellsworth community and we’re confident that having him on board will enable us to start writing an exciting new chapter in the growth of our commercial business in eastern Maine,” said Derek Hayes, senior vice president, director of commercial lending.
Tunney has worked in commercial banking in Hancock County for the past 15 years and, during that time, has assisted numerous business owners in virtually all industries represented in the area.
He earned his undergraduate degree from the University of Massachusetts at Amherst and his master’s degree from the University of Maine at Orono.
Recently, he completed a three-year program at Stonier Graduate School of Banking. Additionally, Tunney has completed the Northern New England School of Banking and American Bankers Association Foundation and advanced Commercial Lending School
He serves as treasurer on the boards of both the Blue Hill Cooperative and the Peninsula Conservation Corp. Tunney is also an eight-time Boston Marathon finisher.
Scott Fernald has joined Bangor Savings Bank as vice president, commercial banking senior relationship manager.
Fernald has over 20 years of commercial lending experience. Prior to joining Bangor Savings Bank, he held positions as senior vice president, commercial market manager for Camden National Bank and vice president, commercial loan officer with TD Bank.
“We’re confident that Scott’s experience will prove invaluable to his clients and the communities that he’ll serve,” said Ron Roope, senior vice president, commercial banking team lead.
A graduate of the University of Maine at Machias, Fernald earned his Bachelor of Science degree in business administration and accounting. Additionally, he is a graduate of the New England School of Advanced Commercial Lending.
Fernald, a Brewer resident, coaches Brewer Little League. He is also a member of the local Rotary Club, where he was honored with a Paul Harris Fellow award.