Member News

Franklin Savings Bank Announces Retail Promotions
Franklin, NH
07/23/2015 12:39 PM

Jeffery B. Savage, President & CEO of Franklin Savings Bank, announced today the promotion of Ken Sawyer to business development officer and Millie Aquaro to regional branch manager within the bank’s retail group. The appointments will support the bank’s strategic focus on developing a sales and service culture centered on the customer experience.

“It gives me great pleasure to announce the promotions of Ken and Millie in our retail group,” said Jeffery B. Savage. “This realignment will better position our focus on enhancing the customer experience by providing our retail team with the proper focus they need to attract, retain and expand customer relationships.”

Sawyer will be responsible for external development activities throughout the bank’s geographic footprint to include identifying new business opportunities, deposit and loan portfolio growth. He will be based at the bank’s Gilford office located on Sawmill Road in the Village of Gilford. Sawyer joined FSB in 2006 as Branch Manager of the Laconia office and was later promoted to Regional Sales Manager in 2010.

Sawyer serves on the TIF advisory board for the City of Laconia and is a member of the Laconia Rotary Club. In addition, he served on the board of Granite United Way (formerly Lakes Region United Way) and has volunteered for American Cancer Society Relay for Life. A resident of Laconia, Sawyer is a graduate of the Northern New England School of Banking, RMA Commercial Lending School, and Leadership Lakes Region.

Next, Aquaro will have oversight of the bank’s Gilford and Laconia offices where she will focus on coaching and supporting sales, service and operational initiatives. She joined FSB in 2009 as a part-time teller, then was appointed to operations manager in 2011. Prior to joining the bank, Aquaro was employed with Putnam Investments as operations manager/recruiting manager.

Aquaro attended Burdett School based in Boston, Mass. and is a 2012 graduate of the Northern New England School of Banking. She resides in Gilford, N.H. with her family.

Established in 1869, Franklin Savings Bank is an independent, mutually-owned community bank, offering a full array of commercial lending, retail banking and investment services throughout the Central Lakes Region and southern New Hampshire. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Laconia and Gilford, as well as an office in Bedford for business lending. Franklin Savings Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors, from offices in Franklin, Bedford and Rochester, New Hampshire. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of businesses, families and the communities it serves, through a dedicated team of employees, a diverse line of financial products and services, and continued investment in emerging technology.

You can learn more about Franklin Savings Bank by calling 1.800.372.4445, or visiting,, or
Dawn Beers
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