Yankee Farm Credit is making management changes to help the Association meet current and future needs.
Mike Farmer will join the administrative team as Senior Vice President/Chief Systems Officer. His new job is to help the Association improve business systems and practices with the goal of providing even better customer service, more efficient operations, and improved internal administration. In this newly created position, Mike will be looking at our policies and procedures, staff training and guidance, software systems, and reporting.
Since 2011 Mike has been Senior Vice President/Regional Manager and branch manager of the St. Albans office. His new position will be based in the Williston office. We have posted a job opening for St. Albans branch manager.
For several years we’ve had a north/south regional structure which served us well, but is no longer necessary. John Peters will continue to lead the credit staff as Senior Vice President/Chief Credit Officer. The branch managers will report directly to John. The four credit branches and their managers are:
St. Albans - open
Middlebury - Ken Button
Newport - Loren Petzoldt
White River Jct. - Ken Nelson
In addition to these management changes, two individuals on the credit staff are being promoted in recognition of their contributions to the Association:
Loren Petzoldt has been Assistant Vice President/Branch Manager since 2011. He is being promoted to Vice President. Loren is doing a great job serving customers, and expanding and diversifying our customer base, out of the Newport office.
Tom St. Pierre is being promoted to Senior Loan Officer. He has been a Loan Officer in the St. Albans office since 2004. Tom is one of our "go to" people for the maple industry. He is a former dairy farmer and an active sugarmaker.
I hope you’ll join me in congratulating Mike, Loren and Tom.
